Binance Removes Bitcoin Trading Fees In Fifth Anniversary

2022-7-7 18:15

The world’s largest cryptocurrency exchange will squash spot bitcoin trading fees starting July 8 as it celebrates its fifth year of operation.

Binance will remove bitcoin trading fees in its global platform in celebration for its fifth anniversary.

The move by the world’s biggest cryptocurrency exchange comes on the heels of a similar strategy enacted by its U.S. subsidiary, Binance.US. Late last month, the American firm squashed fees for spot bitcoin trading as it sought to increase its presence in the country and fire up competition. U.S. rival Coinbase’s stock took a hit after the feature was announced.

Binance’s move covers more ground than its U.S. counterpart. The global exchange said in a press release on Wednesday that starting on July 8, 2022 users will be able to trade spot BTC with no fees in 13 pairs, among fiat currencies and stablecoins, including the euro and the British pound as well as the two most popular stablecoins in the market: Tether’s USDT and Circle’s USDC. Traders can get the fee cut benefit with U.S. dollars only at Binance.US.

“In line with our user-first philosophy, Binance has always strived to provide the most competitive fees in the industry,” Binance founder and CEO, Changpeng Zhao, said in a statement. “At its core, Binance is an inclusive platform with accessibility in mind. Eliminating the trading fees on selected BTC spot trading pairs is another move towards that direction.”

Other fiat currencies that will also fall under the new fee-free rule include the Brazilian real, the Australian dollar, the Russian ruble and the Turkish lira. The feature will be live “until further notice,” Binance said.

Despite providing a convenient Bitcoin on-ramp, centralized exchanges can become a security hole if leveraged as custody providers by users. Those interested in reducing risk can mitigate exposure to third parties by securing their own bitcoin – which, despite the learning curve, can prove advantageous over the long run.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69179.92 (+0.01%)
Объем 24H $31.342b
Изменеия 24h: 1.17 %, 7d: 2.10 %
Cегодня L: $68769.56 - H: $69284.62
Капитализация $1363.323b Rank 1
Цена в час новости $ 20505.25 (237.38%)

fees trading fifth bitcoin july starting celebrates

Источник: bitcoinmagazine.com

fees trading → Результатов: 126


Фото:

Bitcoin.com Exchange to List Aspire and Aspire Gas as Newest Digital Asset Creation Platform Comes to Market 

Aspire (ASP) is the first digital asset creation platform to resist both mining exploits and 51 percent attacks common to proof-of-work blockchains. Its fees are a tiny fraction of creating assets on Ethereum or other platforms due to its innovative Aspire Gas (GASP) blockchain Both tokens will be introduced with BTC and USDT trading pairs, […] The post Bitcoin.

2020-10-1 21:30


“Unscrupulous” Exchanges Accused of Cashing in on Polkadot Redenomination

Cryptocurrency exchanges have been accused of jumping the gun by redonominating DOT tokens ahead of schedule, confusing traders in the process. In their eagerness to secure more trading fees and attract more users, several leading exchanges have reduced the size of DOT tokens by 100x, 72 hours before they were due to be redenominated. The […]

2020-8-21 21:58


Фото:

Uniswap Surpasses July Trading Volume in Under Two Weeks in August While ETH Fees Soars

Decentralized cryptocurrency exchange (DEX) Uniswap has surpassed its July trading volume figures merely less than two weeks into August, Coindesk reports, August 13. Uniswap Reports Record-Shattering Trading Volume Uniswap DEX seems to be riding the bullish tides of the cryptocurrency market which reflects in its unprecedented trading volume figures.

2020-8-14 21:07


Poloniex запустит биткоин-фьючерсы с плечом до 100x

Криптовалютная биржа Poloniex 10 июля сделает доступными торги бессрочными фьючерсами на биткоин с плечом до 100x. Introducing #Poloniex #Futures 🚀 Trade Bitcoin futures with up to 100x #leverage and get the highest maker rebates and lowest taker fees, no matter how much you’re trading! 📅 Save the date: Poloniex Futures is launching in beta July […]

2020-7-9 15:17


Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading

BigONE Exchange, one of the world’s safest crypto exchanges, has taken on a new sheen as it just launched a brand new VIP system that converts a user’s every engagement with the platform into his or her own benefits, be they discount on spot trading fees, reduction on leverage interests rates, or an increased referral […] The post Here Is Why BigONE’s New VIP System Can Make the Most Out of Your Everyday Trading appeared first on Bitcoin News.

2020-6-22 10:30


AlgoTrader launches advanced crypto order and execution platform WIRESWARM

Banks and other financial institutions are now able to gain easy and cost-effective access to the most liquid and regulated crypto trading venues at the lowest trading fees. Today, AlgoTrader has launched a platform that does just that by allowing banks to gain simple yet secure access to crypto exchanges, market-makers and brokers in order […] CryptoNinjas: AlgoTrader launches advanced crypto order and execution platform WIRESWARM

2020-4-22 11:37


AvaTrade vs eToro Comparison: Fees, Spreads, Pros & Cons

With a looming economic and markets crash, there are a lot of cheap gems that can be bought on exchanges worldwide. Broker platforms like eToro and AvaTrade are a great gateway into the world of trading for small investors who want to wet their feet in the lucrative world of forex, cryptocurrency, indices, ETFs and […]The post AvaTrade vs eToro Comparison: Fees, Spreads, Pros & Cons appeared first on CaptainAltcoin.

2020-3-27 01:27


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin market split as buying and selling volumes remain the same

Bitcoin’s spot trading volumes over the past week show a varying level of market activity and sentiment. Bitcoin’s price saw some volatility over the week, peaking on May 25 at $69,270, followed by a slight decline and stabilization around the $68,000 to $69,000 range.