Binance Updates Custody Sub-account Functionality

Starting from 08:00 on July 1, 2024 (UTC+8), Binance will update its Managed Sub-account (MSA) function, including fee structure and additional fees for managed sub-accounts. Key points: all market maker rebate and trading discount plans do not include managed sub-accounts; a managed sub-account fee will be charged to the trading team based on the average monthly asset value of each managed sub-account and the total trading volume of all managed sub-accounts.