Binance Improves Fiat Liquidity Provider Program: Adding MXN and CZK Markets and Updates Fee Rebate Policy
Binance made an announcement about it's Fiat Liquidity Provider Program. And this announcement was to inform everyone that starting from the 10th of April 2024, there will be some calculated updates to the Fiat Liquidity Provider Program.
From on the 10th of April 2024, the Czech Koruna market (CZK), and the Mexican Peso market (MXN), will be added to the Fiat Liquidity Provider Program. And some markets that have been previously delisted, will be altogether deleted from the program.
Worthy of note is that from 10th April 2024, Binance will be starting a qualification review, for markets that will be added to the Fiat liquidity provider program. And these markets will be examined, on a weekly performance mechanism.
Beginning from the 16th of April 2024, Fiat liquidity providers will get fee rebates from Binance, based on how they performed the previous week in their spot trading. RON, GBP, PLN, TRY, ZAR, UAH, CZK and MXN, are all fiat markets that are part of this policy.