On March 20, COINOTAG News reported that Binance is set to implement significant changes to its Fiat Market Maker Plan effective March 24, 2025, at 08:00 UTC+8. A notable addition will be the introduction of a new EUR market tier, enhancing the trading framework. This modification will divide the existing market review tier into two distinct tiers, with Tier 1 requiring a Maker order volume percentage of 0.5% and Tier 2 set at 1.0%. Enhancements to Maker fee rates are also underway, with Tier 1 orders benefiting from a rate of -0.005% and Tier 2 orders achieving -0.010%. These updates underscore Binance’s commitment to optimizing trading conditions, as the new Fiat Market Qualification Review will commence concurrently with the tier adjustments. Weekly reviews of Market Maker accounts will follow, ensuring compliance with the new activity review mechanism, and beginning April 1, 2025, fee rebates for Maker orders will be calculated based on prior week performances in targeted spot fiat markets.
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