Daily BNB Balance Calculation Mechanism Update

Fellow Binancians,

On 2019/08/02 0:00 AM (UTC), the calculation mechanism used to record daily BNB balance will change from being recorded in a snapshot at 0:00 AM (UTC) each day, to Daily Average BNB Balance (including BNB held in normal Binance Accounts, Margin Accounts, and Sub-Accounts). 

Total Daily Average BNB Balance = Daily Average Spot Account Balance + Daily Average Margin Account Balance + Daily Average Sub-accounts Balance

Note:

• Average Spot Account Balance is calculated using the sum of the hourly snapshots of  BNB balance in the spot account in a day divided by 24 (hours)
• Daily Average Sub-account Balance is calculated as the sum of the hourly snapshots of the BNB balance in the sub-account in a day divided by 24 (hours)
• Daily Average Margin Account Balance is calculated as the sum of the hourly snapshots of the BNB balance in the margin account in a day divided by 24 (hours) and then divided by 3 (since the current platform’s leverage factor is 3)

This update to the BNB balance calculation mechanism will impact the following aspects of the Binance Ecosystem:

• Launchpad’s BNB holding calculation
• Trading fee VIP rating system
• Referral Program

Please note that：

• Hourly snapshots will occur at random times
• Pending orders are included in the balance calculation
• Positions prior to 2019/08/02 will be calculated using the original mechanism

Thanks for your support!

Binance Team

2019/08/01

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