Cryptocurrency exchange Binance will remove commission fees for a wide range of spot trading pairs of the first cryptocurrency, celebrating the fifth anniversary of the platform. This was reported by representatives of the company.
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 user-first philosophy, 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 as a crypto exchange, Binance has grown into the largest digital currency trading platform. Today, the platform is a global blockchain ecosystem that also includes infrastructure solutions, educational resources, research, charitable initiatives, and much more.
In June, Zhao stated that Binance intends to help the “good” players in the industry get through the current crisis.
According to him, the exchange is already in negotiations with more than 50 crypto companies that are experiencing a “slight liquidity shortage.”
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