Binance Slashes VIP 3 Requirement to $1M, OTC Trading Gets 4x Boost

Previously, OTC‑related qualification topped out at VIP 4. By folding in the 4x multiplier on OTC spot volume into the broader spot volume metric, Binance said eligible users can now climb through the full VIP ladder up to VIP 9, assuming they hit the BNB balance and other criteria.

"We continue to refine the Binance VIP Program to better reflect how our users engage across the platform," said Catherine Chen, Head of VIP and Institutional at Binance. "By lowering the VIP 3 asset holding threshold and recognizing OTC Spot Trading Volume within Spot Volume qualification, we are creating a more flexible and accessible path for users to progress through VIP tiers while maintaining clear, measurable criteria."

The update builds on Binance's March 2026 VIP program refresh, which cut several thresholds and added a Rising Star tier for earlier recognition of high‑volume users. Tuesday's announcement does not alter VIP trading fees, the exchange said. Users who meet the updated criteria will be automatically upgraded on a daily basis, with their tier reflecting the highest qualification path achieved.

Binance has been widening its institutional on‑ramp in a cycle where derivatives volume dwarfs spot activity and stablecoin settlement competes with traditional finance rails. The OTC multiplier in particular targets block‑trading desks and market makers whose spot volumes are concentrated in negotiated trades rather than the order book.