According to the announcement from Binance, its Banking Triparty solution for institutional and VIP clients will continue offering a zero-fee promotion through 2026-12-31, and will move to a revised tiered pricing model starting 2027-01-01. The company said all service fees on pledged funds will remain fully waived for Banking Triparty clients until the end of the promotional period. It also outlined that, once standard pricing begins, the updated tiered rates will be reduced by 2.5% across all tiers compared with prior levels.
Pricing details: Beginning 2027-01-01, Binance said annual rates will apply to the total value of pledged collateral, with tier classification based on pledged collateral at the time of assessment. The stated annual rates are 1.000% for Tier 1 (up to $50 million), 0.500% for Tier 2 ($50 million - $100 million), 0.250% for Tier 3 ($100 million - $500 million), and 0.100% for Tier 4 ($500 million and above). Product background: Binance said Banking Triparty, launched in November 2023, was a crypto exchange-led triparty arrangement designed to provide institutional-grade custody infrastructure. It added that it has partnered with 7 banking institutions and that the model allows institutions to hold collateral off-exchange in their own corporate account with a regulated third-party banking partner while retaining access to on-exchange liquidity on Binance. Collateral types cited include fiat currency such as USD & CHF, Treasury Bills, BlackRock's BUIDL token, and Bitcoin (BTC).
Binance Banking Triparty Fees to Stay at 0% Through 2026, With New Tiered Rates Set for 2027
2026-06-16 10:01:32
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