Binance Fund Management Plan Upgrade: Launching Designated Account System

Odaily Planet Daily News: According to official announcements, Binance will comprehensively upgrade its existing fund management plan. This plan aims to support multiple main accounts held by the same actual beneficiary (UBO) or established under the same fund structure, merging their trading volume and BNB positions when calculating Binance VIP levels, and sharing VIP fee levels between accounts. In this upgrade, the plan will be officially renamed as the Designated Account Plan, and a new hierarchical structure and expanded benefits will be introduced. The upgraded plan adopts a two-tier system, with higher levels supporting the consolidation of market maker plan trading volume and shared maker transaction fees, effective from May 20, 2025.