May 4, 2024

Binance Introduces Zero Fees on Several Trading Pairs

Cryptocurrency exchange Binance will be the first to remove commission fees for a wide range of spot trading pairscryptocurrencies, celebrating the fifth anniversary of the platform. This was reported by representatives of the company.

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From July 8, users will be able to trade with zero fees in 13 combinations of bitcoin with digital and fiat assets, including BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY and others.

Commission-free trading in these pairs will continue until further notice after two weeks of anniversary celebrations.

“In line with our philosophy of priorityuser interests Binance has always strived to provide the most competitive fees in the industry. At our core, we are an inclusive platform with accessibility in mind. Eliminating fees for individual spot BTC pairs is another step in this direction,” said Changpeng Zhao, founder and CEO of Binance.

He emphasized that the company's growth and achievements would not have been possible without the community, and it hopes to reward users by "providing the best products and services."

Launched in July 2017 asCrypto exchange Binance has become the largest trading platform for digital currencies. Today, the platform is a global blockchain ecosystem that also includes infrastructure solutions, educational resources, research, charitable initiatives, and much more.

In June, Zhao said that Binance was committed to helping “good” industry players survive the current crisis.

According to him, the exchange is already conducting relevant negotiations with more than 50 crypto companies that are experiencing a “slight liquidity shortage.”

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