Odaily News According to the official announcement, Binance will update the spot market maker program at 08:00 (Eastern Time) on September 9, 2024. The specific adjustments are as follows: 1. The weekly pending order volume percentage requirement for Level 4 will be updated from 2.0% to 1.0%; 2. The program will introduce a new qualification review method. Market makers can obtain Level 1 qualifications by reaching a weekly pending order volume of US$25,000,000 or a weekly pending order volume percentage of 0.05%; 3. The pending order fee (rebate) ratio of Level 4 will be adjusted from -0.01% to -0.008%; 4. The trial period of new market maker accounts that participate through manual application will be extended from three weeks to four weeks; 5. The new qualification requirements will take effect at 08:00 (Eastern Time) on September 9, 2024; 6. The new pending order fee (rebate) ratio will be changed on September 17, 2024.