Watch Out: Major Changes Coming to Binance on September 9 – Will Affect Everyone

Cryptocurrency exchange Binance is making a significant change to its commission discount system as of September 9, ￰0￱ company announced that it will completely remove the discount mechanism applied based on the amount of BNB held by ￰1￱ the new regulation: Users holding 500 BNB or more will no longer be eligible for the 40% spot trading fee discount or the 20% futures fee ￰2￱ changes will also apply to all other ￰3￱ rates will now be determined based on the invitation program and transaction ￰4￱ number of people invited by users, the volume of transactions they generate, and other performance metrics will determine the discount level applied to each ￰5￱ News: What's the Latest on the Altcoin Season Index?

Has the Altcoin Bull Run Begun? The change is expected to impact BNB whales the ￰6￱ smaller investors are less directly affected, Binance's overall commission allocation mechanism is now evolving into a performance- and referral-first ￰7￱ recommend users review the referral program and optimize their trading performance to maintain their ￰8￱ the time of writing, the BNB price is trading at $874 and has gained 1.75% in the last 24 hours. *This is not investment ￰9￱ Reading: Watch Out: Major Changes Coming to Binance on September 9 – Will Affect Everyone