Binance Invites Large Brokers to Work

Brokers will get a certain percentage of the commission that Binance receives for carrying operations.

It should be mentioned that the number of partner is limited: only 100 brokers can participate in the program. Furthermore, broker must have special tools to support the trading of cryptocurrencies, based on the API, and meet several criteria to become a part of this initiative.

The terms of cooperation:

• Brokers` reward will be up to 60% of Binance commission.

• The exchange liquidity will be determined by the income of participants in the system.
• Brokers will have access to Binance tools.
  
• Exchange partners will be able to consult with Binance specialists.
  
• There will be a financial motivation system.
  
• All participants will be able to attend the company's internal conferences.
  

The requirements for brokers:

• User base — from 20 thousand people.
• Monthly trading volume — from 1000 BTC.
  
• The ability to block 3000 BNB (about $60 thousand) on Binance account.
• Authority, the ability to attract new users through the personal brand.
  
• Having own accounting systems.

As many experts said, the implementation of this initiative will affect on BNB rate positively.

As you remember, earlier we wrote that Binance.US is not available in New York and 12 other states.