Binance Launches Spot Altcoin LiquidityBoost Program to Improve Trading Efficiency
The post Binance Launches Spot Altcoin LiquidityBoost Program to Improve Trading Efficiency appeared on BitcoinEthereumNews.com.
Altcoins Binance has unveiled its new Spot Altcoin LiquidityBoost Program, a strategic initiative designed to boost liquidity and enhance trading efficiency for a select group of altcoin trading pairs on its Spot market. Set to begin on June 9, 2025, the program will offer tiered maker fee rebates to liquidity providers who meet specific volume thresholds, aiming to deliver tighter spreads, reduced slippage, and a more seamless trading experience. Program Overview: Rewards for High-Volume Traders To participate, eligible users must achieve specific weekly maker volume percentages relative to Binance’s total maker volume across selected altcoin pairs. Rebates will be distributed as follows: Tier 1: 0.5% maker volume share = -0.005% maker fee rebate Tier 2: 1.0% maker volume share = -0.010% maker fee rebate Performance will be reviewed weekly, and maker fee rebates will begin updating on June 17, 2025. For users qualifying for both Binance’s Spot Liquidity Provider Program and the Altcoin LiquidityBoost Program, the more favorable fee rate will apply. Eligible Altcoin Pairs The rebate program currently includes 18 altcoin/USDT trading pairs: INITUSDT, EOSUSDT, HYPERUSDT, PARTIUSDT, ICPUSDT, KERNELUSDT, CFXUSDT, WUSDT, KMNOUSDT, IOTXUSDT, ONDOUSDT, TONUSDT, FILUSDT, WCTUSDT, BABYUSDT, SXTUSDT, SYRUPUSDT, STOUSDT Who Can Participate? To apply, users must have a 30-day trading volume exceeding $20 million on Binance Spot and Margin (or be able to prove equivalent activity on other platforms). Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/binance-launches-spot-altcoin-liquidityboost-program-to-improve-trading-efficiency/
Filed under: News - @ June 4, 2025 11:22 am