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Binance P2P Launches Merchant VIP Program


www.binance.com 25 November 2021 10:55, UTC
Reading time: ~2 m

Fellow Binancians,
Binance P2P is launching the Merchant VIP program for all P2P merchants with effect from 2021-12-01 00:00 AM (UTC).
What is the P2P Merchant VIP Program?
In our efforts to constantly review and improve Binance P2P products and services, the Merchant VIP program is a recent enhancement to better facilitate trading between merchants and users across the P2P platform.
Under the Merchant VIP Program, all verified merchants who meet the requirements are entitled to a higher VIP level. The program consists of 2 VIP levels, where the higher level requires a higher trading volume and completion rate than the lower level, but also comes with more benefits.
For more details on how to qualify, please refer to Binance P2P Merchant VIP FAQs
What are the P2P Merchant VIP Program benefits?
  • VIP Level 1
    • Enjoy a 20% basic fee rate discount on all fiat markets.
  • VIP Level 2
    • Enjoy a 30% basic fee rate discount on all fiat markets;
    • Request new fiat currency pairs on the P2P market;
    • Top-performing merchants will receive gifts and merchandise to celebrate special occasions.
*Note: VIP Level 3 will be available soon.
How to be a P2P merchant?
  • Login to Binance and then click on "Become a Merchant".
  • Binance P2P team will review your application and contact you within a few days if you are qualified.
Note: Binance reserves the right to make changes to the Merchant VIP Program based on a comprehensive review of market conditions and other relevant factors.
Disclaimer: Your use of the Binance P2P services and all information and other content (including that of third parties) included in or accessible from the Binance P2P services is at your sole risk. Our only responsibility is to handle crypto transactions. All payments are final upon completion unless otherwise required by law. Binance P2P platform has neither the rights nor the obligations to resolve any disputes arising from completed payment. Neither Binance P2P platform nor merchants shall be responsible for your loss in a completed payment.

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