BlockBeats News, August 19th, according to an official announcement, Binance VIP has announced the launch of the "Institutional Switch Package," specifically designed for high-frequency traders migrating from other cryptocurrency exchanges to Binance. The application for the "Institutional Switch Package" is now open, with a deadline of December 31, 2025. Through this plan, high-frequency traders will enjoy the following benefits:
1. VIP 5 Identity Experience for 30 Days: Enjoy a maximum 75% trading fee discount in spot, futures, and margin trading for the first 30 days.
2. Deposit Reward: Deposit a minimum of $1 million in eligible assets within the first 30 days and receive a 0.5% BNB trading fee rebate voucher reward (up to $5,000). This rebate voucher can be used to offset trading fees across all Binance products.
3. Zero-Interest Institutional Loan Trial: Enjoy a Binance institutional loan with a maximum nominal value of $5 million at zero interest for 30 days. Borrow against multiple accounts' combined collateral to increase fund flexibility with no financing cost.
4. BNB Activation Reward: Approved for a BNB credit line, unlocking lower fees and higher limits. By enrolling through the "Institutional Switch Package," you can enjoy 30 days of interest-free usage within the allocated limit.