PANews reported on July 9 that according to the official announcement, Binance will update the fiat currency trading market maker plan at 08:00 on July 14, 2025 (Eastern Time 8).

• Starting from 08:00 (GMT+8) on July 14, 2025, a new TRY market tier will be added to the Fiat Market Maker Program. The audit level of this market will be adjusted from tier 1 to tier 2;
• The percentage requirement for the Maker volume of Level 1 is 0.5%; the percentage requirement for the Maker volume of Level 2 is 1.0%;
• After passing the qualification, the Maker fee rate for level 1 is -0.005%; the Maker fee rate for level 2 is -0.010%;
• The new fiat market qualification review will take effect at 08:00 (GMT+8) on July 14, 2025. Market maker accounts will be reviewed weekly based on the new activity review mechanism;
• Starting from 08:00 (ET) on July 22, 2025, maker fee rebates will be issued based on the market maker’s trading performance in the designated spot fiat market last week.