Binance Lowers VIP 3 Asset Threshold to $1 Million, OTC Spot Volume Counted at 4x Factor

Odaily Odaily Planet Daily News: Binance has announced adjustments to its VIP Program. Effective from July 21, 2026, at 04:00 AM EST, the wallet asset requirement for VIP 3 will be reduced from $3 million to $1 million. Eligible users will gain access to benefits such as preferential fee rates, increased account limits, market information, and event invitations.



Concurrently, Binance is modifying how OTC spot trading volume is counted towards VIP eligibility. Under the new rules, OTC spot trading volume will be multiplied by a factor of 4 and added to the total spot trading volume. For example, Binance states that $1 million in OTC spot volume will be counted as $4 million towards the applicable threshold.



Previously, OTC-related eligibility was capped at VIP 4. Binance stated that by incorporating this broader spot volume metric, users who meet the BNB balance and other requirements can now advance up to VIP 9 within the full VIP framework. VIP trading fee rates will remain unchanged, and the system will automatically handle tier upgrades on a daily basis.