Major cryptocurrency exchange Binance has introduced a new promotion to attract high-volume cryptocurrency and traditional asset traders to its platform. The VIP Invitation Program allows new users to aggregate up to two months of prior spot or futures trading volume from other exchanges.
When new users’ trading volume meets Binance’s existing VIP requirements, they will be instantly upgraded by one VIP level for two months. Binance is the first major crypto exchange to offer incentives tailored to high-volume traditional asset traders.
According to Catherine Chen, Head of Binance VIP & Institutional, the promotion aims to capitalize on the growing mainstream acceptance of crypto and bridge traditional and digital asset markets by reducing barriers to entry.
Recent developments like the successful launch of Bitcoin spot ETFs demonstrate clear investor demand for crypto assets. As the gap between traditional and digital assets continues closing, Binance seeks to court sophisticated traders with industry-leading services. The exchange’s VIP program offers competitive fee structures, bespoke solutions, flexible configurations, and exclusive events.
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