Binance Adds KZT Pairs to Fiat Liquidity Provider Program
Binance officially introduced KZT trading pairs into its Fiat Liquidity Provider Program on May 4, 2026, at 08:00 UTC. This update places KZT alongside other supported fiat currencies such as USD, EUR, TRY, and JPY. The move expands access for liquidity providers operating in the Kazakhstani tenge market. It also signals Binance’s continued effort to broaden fiat market coverage across its spot trading platform.
Source: Binance’s Official Announcement
The KZT market follows a two-tier structure based on each provider’s weekly spot maker volume as a percentage of the total Binance spot maker volume in that fiat market. Tier 1 requires a maker volume percentage of 0.5%, while Tier 2 requires 1.0%. Both tiers carry a base maker fee of 0% during the initial four-week trial period. Providers who meet the thresholds receive a maker fee rebate of -0.005% for Tier 1 and -0.010% for Tier 2.
Weekly Reviews Determine Tier Eligibility
The qualification review for new tiers became effective from May 4, 2026, at 08:00 UTC. Liquidity providers are assessed every week based on their trading performance across eligible fiat markets. Each review week runs from 00:00 UTC on Monday to 23:59 UTC on Sunday, and daily volumes are calculated from 00:00 to 23:59 UTC. This rolling review structure keeps eligibility tied directly to recent and consistent performance.
Rebate Distribution Starts May 12
Maker fee rebates will be updated weekly starting May 12, 2026, at 00:00 UTC. Rebates are calculated from each provider’s spot trading activity in the previous week across their qualified fiat markets. Providers who qualify in at least one eligible market receive maker rebates and standard VIP taker fees on all pairs within those markets. For markets where a provider does not qualify, zero maker fees and standard VIP taker fees still apply on all fiat pairs in those markets.
Source: Binance’s Official Announcement
Each provider’s weekly spot maker volume percentage is calculated by dividing their individual weekly spot maker volume in a given fiat market by the total weekly maker volume in that same market on Binance Spot. The weekly maker volume is the sum of seven daily maker volumes, and each daily figure adds up all maker volume recorded on Binance Spot markets within that calendar day. This straightforward calculation ensures performance is measured relative to overall market activity, not just in absolute terms.
Among the supported fiat currencies, KZT rebate rates are in line with several other markets. Tier 1 and Tier 2 rebate rates for KZT match those of EUR, TRY, and IDR. However, markets like USD, BRL, ARS, MXN, COP, and JPY offer higher rebates at Tier 2, reaching -0.015%. ZAR, PLN, and UAH each have only one tier, capped at -0.010%. This comparison shows that KZT sits at a mid-range level within the broader fiat rebate structure.
Who Can Apply and How
Traders interested in joining the Fiat Liquidity Provider Program must have a 30-day trading volume exceeding 20,000,000 USDT equivalent on Binance Spot and Margin, or on other platforms. Applicants also need to demonstrate quality liquidity-providing strategies as part of the review process. To apply for a trial period, proof of trading volume should be sent to [email protected], or submitted through a sales or key account coverage team. Once accepted, participants are reviewed under the weekly performance mechanism outlined in the program.
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