Binance updates VIP program criteria
Analysis based on 7 articles · First reported Jul 21, 2026 · Last updated Jul 21, 2026
The updates are likely to increase trading volume on Binance by attracting more high-value users and encouraging OTC activity. However, the impact is incremental and unlikely to significantly affect broader cryptocurrency markets.
Binance announced updates to its VIP Program on July 21, 2026, lowering the VIP 3 Wallet Assets threshold from $3,000,000 to $1,000,000 and integrating OTC Spot Trading Volume into Spot Trading Volume calculations for VIP qualification. OTC volume will count at a 4x multiplier, and the previous VIP 4 cap for OTC-related qualification is removed, allowing progression up to VIP 9. The changes aim to make VIP status more accessible and better recognize users active in both Spot and OTC trading. No changes to VIP trading fees were made.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard