Per Woofun AI, Binance disclosed that the zero-fee promotion for its bank three-party custody service, targeting institutional and VIP clients, has been extended through December 31, 2026. This extension adds approximately six months to the original timeline, allowing eligible participants to maintain full fee waivers during this period.

Effective January 1, 2027, Binance will deploy a revised tiered fee structure featuring a 2.5% reduction across all levels compared to previous rates. The annual percentage rate (APR) is determined by the scale of pledged collateral: 1.000% for amounts up to $50 million, 0.500% for $50 million to $100 million, 0.250% for $100 million to $500 million, and 0.100% for balances exceeding $500 million. Launched in November 2023 as the industry's first exchange-led three-party custody solution, the service enables clients to deposit collateral—including fiat, U.S. Treasury bonds, Ballei BUIDL token, and Bitcoin—into regulated third-party bank accounts while retaining access to on-chain liquidity. Binance currently collaborates with seven banking partners, spanning top-tier, mid-size, and API-native digital institutions.