Binance Overhaul: Performance-Based Commissions Launch in 2025

Binance is revamping its referral program, shifting from a BNB balance-based system to a performance-driven structure. This change aims for increased transparency and user engagement, fostering active participation. Starting September 9th, 2025 (UTC), existing rates based on BNB balances will be discontinued. Users with over 500 BNB will see a phased reduction in their higher commission rates—40% for spot trading and 20% for futures trading—until the program’s update.