Binance has updated its VIP Program, lowering the wallet asset requirement for VIP 3 from $3 million to $1 million, effective 04:00 EST on July 21, 2026. The exchange also changed how OTC spot trading volume is counted toward VIP qualification. Under the new rule, OTC spot volume will be credited at four times its actual amount when calculating total spot trading volume. Binance said $1 million in OTC spot volume will count as $4 million toward the relevant threshold. The company added that eligible users can receive benefits including discounted fees, higher account limits, market information, and invitations to events. Binance also said OTC-related qualification had previously only applied up to VIP 4. With broader spot-volume metrics now included, users who meet BNB balance and other requirements may advance through the full VIP framework up to VIP 9. Trading fee rates for VIP tiers remain unchanged, and the system will process level upgrades automatically each day.
Binance said it has updated its VIP Program, cutting the wallet asset requirement for VIP 3 from $3 million to $1 million. The change takes effect at 04:00 EST on July 21, 2026.
Users who meet the requirements can access benefits including discounted fee rates, higher account limits, market information, and invitations to events.
OTC spot volume now counts at four times actual size
Binance also revised the way OTC spot trading volume is counted toward VIP eligibility. Under the new rule, OTC spot volume will be counted at four times the actual traded amount as part of total spot trading volume.
Binance said $1 million in OTC spot trading volume will count as $4 million toward the applicable threshold.
Eligibility can now extend through the full VIP framework
Previously, OTC-related qualification only applied up to VIP 4. Binance said that after incorporating broader spot trading volume metrics, users who satisfy BNB balance and other requirements can move through the full VIP framework to reach VIP 9.
The exchange said VIP trading fee rates will remain unchanged, and the system will automatically process level upgrades on a daily basis.
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