Binance drops fees for several trading pairs to celebrate its fifth anniversary
The largest crypto exchange Binance has announced zero Bitcoin trading fees. The fees were dropped to celebrate the company’s fifth anniversary.
From July 8, zero trading fees will be available for BTC/USDT, BTC/EUR BTC/BUSD, BTC/TRY, BTC/USDC and some other pairs.
The new rules will be introduced worldwide. The company will inform about further changes additionally.
Binance’s fifth anniversary celebration will be held for two weeks. In honor of this event, the crypto exchange holds various promotions and drawings. If you want to take part, but you do not have a Binance account yet, register it with us and get additional benefits from the VipDeposits loyalty program and individual assistance.
According to Binance CEO Changpeng Zhao, the interests of users are a priority for the company. For this reason, Binance has always tried to provide the lowest fees among crypto exchanges in order to stay accessible to all users. The drop of trading fees for Bitcoin pairs was another step in this regard.
Zhao noted that Binance’s growth and achievements would not have been possible without the support from users. The company will continue to offer the best services and products for its customers.
Earlier, Binance U.S. announced zero Bitcoin trading fees with the US dollar and such stablecoins as Tether (USDT), USD Coin (USDC) and Binance USD (BUSD). This decision may force other crypto exchanges to put down fees.
Zhao also said that he plans to hire new employees during the crypto winter. Moreover, the company will provide assistance for successful crypto projects that have made mistakes in growth.
The company also intends to work with regulators from different countries around the world. Recently, the exchange’s management has signed a memorandum of understanding with the Securities and Exchange Regulator of Cambodia.