Gold, Silver, and Bronze tiers are launched by Binance to reward verified P2P retailers primarily based on efficiency.
Binance has added a key replace to its P2P Service provider Program by introducing three tiers, specifically, Bronze, Silver, and Gold. This improve is launched to acknowledge and reward P2P retailers in keeping with their commerce quantity and efficiency.
Every tier provides distinctive benefits. Based mostly on their month-to-month commerce efficiency, newly verified retailers can transfer up from the Bronze stage. Verified merchants having a strong buying and selling file are thought-about bronze retailers.
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Retailers should attain a buying and selling quantity of a minimum of 6 BTC, or 200,000 USDT, with a 98% completion charge to be eligible for the Silver stage. To retain the identical excessive completion charge, gold-level retailers, ‘top-tier stage’, should have a quantity of greater than 60 BTC or 2,000,000 USDT.
Bronze retailers obtain a Bronze badge, a 20% charge refund, fast launch, and cancellation capabilities, shared advert stock, and 24/7 buyer assist. Silver retailers obtain a 30% charge refund, a Silver badge, and different advantages. Gold-level retailers get the highest-tier advantages, a Gold badge, and a 50% charge refund.
With this improve within the Binance P2P Service provider Program, the alternate goals to advertise excessive buying and selling requirements and higher experiences for Binance P2P customers.
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