Binance announces zero-fee Bitcoin spot trading

Bitcoin

As it celebrates its 5th anniversary, the world-leading crypto exchange Binance has announced the elimination of trading fees on a range of bitcoin spot trading pairs. The exchange revealed this through an announcement on its blog page.

In a separate post, Binance said:

“As #BinanceTurns5, join the celebration at no cost on select BTC trading pairs… Trading BTC just got a lot cheaper. Well… free, actually! We’re in the mood to give and want show our community how much they are appreciated as we reach the age of five.

Binance’s move is aimed at establishing it as a global leader in cryptocurrency pricing especially since it has long maintained some of the lowest spot trading fees in the industry.

Bitcoin spot pairs to trade for free on Binance

Binance has waived trading fees for a total of 13 bitcoin spot trading pairs. These pairs include BTC/USDT, BTC/BUSD, BTC/TUSD, BTC/USDC, BTC/USDP, BTC/RUB, BTC/EUR, BTC/TRY, BTC/AUD, BTC/GDP, BTC/BRL, BTC/BIDR , and BTC/UAH.

Traders shall “enjoy zero maker and taker fees” for the above bitcoin pairs without incurring any trading fees as of July 8 (two days from now).

According to the press release, Binance did not provide information on the duration of the free trades. He said free bitcoin spot trading will be in effect “until further notice.” This means that traders will benefit from the new trading fees beyond the two weeks of the anniversary celebrations.

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