Binance has enhanced its P2P Merchant Program by introducing three tiers: Bronze, Silver, and Gold, designed to reward merchants based on trade volume and performance.
Bronze Merchants: New merchants start at the Bronze tier and must maintain a verified trading record. Benefits include a 20% fee refund, a Bronze badge, shared ad inventory, quick release and cancellation options, and 24/7 support.
Silver Merchants: requires a monthly trade volume of at least 6 BTC or 200,000 USDT with a 98% completion rate. Receive a Silver badge, a 30% fee refund, and enhanced benefits.
Gold Merchants: Reserved for top performers with over 60 BTC or 2,000,000 USDT in trade volume and a 98% completion rate.
Binance has introduced Gold, Silver, and Bronze tiers to recognize and reward verified P2P merchants based on their performance. Users will enjoy premium benefits, including a Gold badge and a 50% fee refund. This update is aimed at encouraging high trading standards while delivering a superior experience for Binance P2P users.
Meanwhile, in a December 6 announcement, Binance stated it will delist MAVIAUSDT, OMGUSDT, and BONDUSDT perpetual contracts on December 16 at 09:00 UTC, with the automatic settlement of all positions.
Users are advised not to open or close positions before delisting, as new positions will be blocked starting at 08:30 UTC. The move aims to safeguard users from risks in volatile markets but could negatively impact token prices.
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