In the context of the increasingly competitive cryptocurrency market, the “VIP program” has become a strategic factor for exchanges to attract and retain professional traders. If you are wondering whether to choose BingX, Binance or Bybit, etc., this article will help you compare the VIP policies of the leading crypto exchanges today. Compare VIP Programs of
Crypto Exchanges: Binance, BingX, Bybit, OKX & Bitget
Binance VIP Program
Binance's VIP program ranges from VIP 1 to VIP 9, suitable for traders from medium to extremely large. To qualify, you need to reach a total volume in 30 days or hold a certain amount of BNB . In particular, by holding just 25 BNB, you can start at VIP 1. However, although the incentives such as 0% (Taker), 10% (Maker) Spot Trading Fees and 20% (Taker), 20% (Maker) Futures Trading Fees are quite good, Binance's VIP program has a rather complicated bonus structure.
In short, Binance's VIP Program offers a clear advantage to BNB holders. By holding just 25 BNB (about 14,000 USDT), users can reach VIP 1 without having to trade large volumes - this makes BNB holder more accessible than pure traders. However, the bonus scheme structure in this program is quite complicated with many difficult-to-follow items, requiring users to study carefully to be able to make the most of VIP benefits.
BingX VIP Program
BingX VIP Program includes levels from VIP 1 to VIP 5 and VIP Supreme. The participation conditions are very accessible, just need to reach the total assets in the past day or the total volume in the last 30 days, users can enter the VIP system without large Volume .
At the minimum level, BingX has offered extremely competitive trading incentives: Spot fees are reduced by 65% (Taker), 40% (Maker) and Futures fees are reduced by 30% (Taker), 20% (Maker). This is an outstanding incentive compared to many VIP programs of other crypto exchanges on the market.
In addition to enjoying attractive fees, VIP users also receive promotion gifts of up to $4,000 Voucher. In addition, BingX VIPs also receive other special incentives such as: using the Price Guarantee feature for free, receiving gifts on holidays, participating in exclusive events, etc. In particular, VIPs from other exchanges when going to BingX will be upgraded to VIP by 2 levels.
Another highlight in the BingX VIP program is the VIP Reserve fund - where users can receive rewards up to $2,200 per month. This amount can be withdrawn once every quarter or accumulated to withdraw at the most suitable time. This is an extremely flexible reward mechanism, bringing real and continuous value to loyal users.
BingX VIP Program Details Bybit
Bybit Program
Bybit 's VIP program includes levels from VIP 1 to VIP 5, along with the VIP Supreme level for traders with outstanding activities. In addition, Bybit also has a Pro 1 to Pro 5 mechanism, designed to be more accessible for users trading through API. A valuable plus point with the automated trading system.
The eligibility criteria are based on three criteria: total volume in 30 days, total current assets, and total net borrowed assets within 30 days. Although the starting asset requirement is not too high, to take full advantage of Bybit's VIP program, users need to reach the Volume threshold early.
At the lowest level, the trading incentives are quite attractive: Spot fees are reduced by 32.5% (Taker), 20% (Maker) and Futures are reduced by 20% (Taker), 15% (Maker). In addition, users are also exempted from OTC trading fees, VIP upgrade +2 when Chia levels from other exchanges.
In addition, they also receive higher incentives in Launchpool and the chance to win big in IDOs. The right to use Bybit Card is also a notable highlight. However, this program does not have a special policy for MNT holders and is somewhat more difficult to access than BingX exchange. Especially if you are new or trade infrequently.
OKX VIP Program
The OKX VIP Program is Chia into 5 levels from VIP 1 to VIP 5, aimed at users with large and frequent volume . To participate, you need to meet one of two main conditions: total trading Volume in 30 days or total assets yesterday. At VIP 1 level
, the trading incentives are quite outstanding: Spot fees are reduced by 50% (Taker), 35% (Maker) and Futures fees are reduced by 40% (Taker), 50% (Maker). The incentive level is the most competitive among the VIP programs of the exchanges. In addition, users can also enjoy premium privileges such as tickets to attend top sporting events: F1 racing. And the TradingView Premium package supports in-depth technical analysis.
Although the asset requirements to reach VIP 1 in the OKX VIP program are quite low, the required trading Volume is relatively high. This shows that OKX 's VIP program is more suitable for experienced traders. This can be difficult for newbies or those who just want to try their hand. In addition, OKX does not have any incentives specifically for OKB holders, which many holder feel is unfair compared to exchanges like Bitget or Binance, where holder are clearly prioritized.
Bitget VIP Program
Bitget 's VIP program is Chia into 7 levels, from VIP 1 to VIP 7, providing a clear upgrade path for users at different levels. The conditions to reach VIP 1 are XEM the easiest on the market today. Just meet one of the following criteria:
Daily balance or 30-day asset balance over $30,000
Spot Trading over $500,000 in 30 days,
Or hold at least 5,246 BGB within 30 days.
While there are many ways to achieve VIP, the low-level incentives are not really outstanding. At the minimum, users only get a 10% discount on Spot fees for both Maker and Taker, while Futures fees are reduced by 10% for Maker and not for Taker. This makes some users with high expectations for Bitget 's VIP program feel a bit "lacking in power" at the beginning.
However, the bright spot is that BGB Token holders have a bigger advantage than regular VIPs, only need to hold about 5246 BGB to qualify for VIP 1 without having to trade much. There are also other incentives such as Bitget Card and VIP +2 trial when Chia levels from other exchanges.
BingX Exchange - A Strong Candidate for All Trader Levels
Each VIP program has its own advantages, but if you are looking for an exchange that is accessible, has low fees, good support, and real rewards, BingX Exchange is the most prominent choice. Don't forget to evaluate your personal trading behavior, current asset level and investment goals to choose the right VIP program. Because that is the key to optimizing costs and enhancing your crypto investment experience.
About BingX Exchange
Founded in 2018, BingX is one of the leading cryptocurrency exchanges with more than 20 million users worldwide. BingX offers a variety of products and services such as: Spot trading, Futures Contract, copy trading, ... Meeting the needs of users of all levels. In addition, BingX exchange is proud to be the official partner of Chelsea FC. Download BingX Exchange application on iOS or Android now to start your investment journey!
Link to register a BingX account for new users: BingX
