Binance Amends Fiat Market Maker Program Rules
- The program updates EUR market tiers, affecting trading incentives.
- Focus on increased liquidity for fiat pairs.
- Starter on March 24, 2025, enhancing EUR trades.
Binance will revise its Fiat Trading Market Maker Program on March 24, 2025, introducing a new EUR market tier. This update, announced through Binance’s official channels, aims to enhance liquidity offerings on its platform.
Binance will update the Fiat Trading Market Maker Program on 2025-03-24 08:00 (UTC+8). Starting from 2025-03-24 08:00 (UTC+8), a new EUR market tier will be added to the fiat market maker program. The audit tier for this market will be adjusted from tier 1 to tier 2… Source
Binance, led by its executive teams, is set to update its Fiat Trading Market Maker Program. Specific updates introduce a new EUR market tier, enhancing incentives for Tier 1 and Tier 2 participants starting March 24, 2025.
The revisions include dividing the EUR market into two tiers, each with distinct trading volume requirements and maker fees. This initiative reflects Binance’s ongoing efforts to boost liquidity within its fiat and crypto markets.
The enhanced market maker program can improve trading volumes and liquidity for EUR trading pairs. Such adjustments are designed to incentivize liquidity providers, ensuring smoother trade execution and potentially drawing increased market activity.
The adjustments could affect broader market behaviors, involving financial, technological, and regulatory aspects. Enhanced liquidity options may attract a wider range of participants, potentially impacting liquidity depth in EUR pairs and the overall trading ecosystem on Binance.
Further activity is anticipated following these updates, with potential for increased engagement in EUR-related asset trading on Binance. These changes align with global market operation standards, enhancing Binance’s position as a leading cryptocurrency exchange.
