Binance US Offers Zero Trading Fees for Bitcoin Spot Pairs
Binance US – the US-based division of the world’s largest crypto exchange – announced a new pricing model that offers zero fees for four bitcoin trading pairs, including BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. The crypto giant becomes the first American exchange that makes such a service available to its users.
Binance US’s announcement comes at a time when the trading volume on exchanges has slid immensely amid a broader market slowdown. The company reportedly said “no better time to introduce zero fees than now” as the industry struggles to find its way out of the overall bearishness.The US-based giant outlined the new measure as a test for such a zero-fee model, commenting that, if received positively by users, the company would roll out similar policies for other assets and pairs in the future.