Binance to eliminate fees on bitcoin spot trading in 13 currency pairs

The platform has introduced zero fees to celebrate its 5th anniversary, they will be valid until the further announcement on the blog

07.07.2022 - 06:45

644

1 min

What’s new? From July 8, cryptocurrency exchange Binance will introduce zero fees on bitcoin spot trading in pairs with currencies such as the Russian ruble, Ukrainian hryvnia, euro, pound sterling, Australian dollar, Brazilian real, and Turkish lira, as well as BUSD, USDT, USDC, BIDR, TUSD, and USDP stablecoins. The exchange will eliminate fees in celebration of its 5th anniversary since its launch. This policy will remain in effect until the next announcement on the platform’s blog.

Information on the Binance blog

What else did the company say? Binance CEO Changpeng Zhao noted that the introduction of zero fees on BTC trading is meant to increase the inclusivity of the platform. The blog states that the exchange reserves the right to liquidate trades if they show signs of fraud or attempts to manipulate the market.

What happened before? Binance announced that it would delist Groestlcoin (GRS), Nebulas (NAS), and GoChain (GO) tokens on July 8. The trading pairs GRS/BTC, NAS/BTC, NAS/ETH, and GO/BTC will be removed. Deposit of assets will not be available from July 9, withdrawal is possible until September 10.

Author: