ICYMI: Binance has introduced zero-fee trading for a wide range of Bitcoin spot pairs BTC $BTC
Users will be able to trade Bitcoin against Tether , Binance USD , Circle's USD Coin as well as the euro, the Turkish lira and other fiat currencies.
Binance claims that users will be able to enjoy zero-fee trading"until further notice." It will become available starting from July 8.In his statement, Binance CEO Changpeng Zhao said that his exchange had always strived to offer the most compelling fees within the industry. By introducing zero-fee trading for a bunch of Bitcoin pairs, the company wants to give back to the community, CZ says.The announcement comes after Binance.
While the popular trading app does not charge its users any fees, it earns money with the help of market makers who pay the company rebates for routing orders to exchanges. Since Binance.US does not participate in payment for order flow, it does not earn any revenue from processing no-fee transactions.
With such moves, Binance could inspire other exchanges to reduce at least some trading emoluments to zero.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Binance set to drop bitcoin trading fees to zero on select pairs globallyBinance plans to remove fees for spot bitcoin trading on select pairs, including stablecoin and fiat combinations.
Baca lebih lajut »
Binance's CZ Continues to Hold These CryptocurrenciesBinance CEO Changpeng Zhao continues to hold his crypto after recently predicting that the price of Bitcoin would eventually recover to $70,000
Baca lebih lajut »
Bitcoin.com NewsBitcoin News is the world's premier 24/7 news feed covering everything bitcoin-related, including world economy, exchange rates and money politics.
Baca lebih lajut »
Bitcoin.com NewsPeter Schiff's Euro Pacific Bank has been suspended by Puerto Rico's financial regulator. Schiff claims that there's 'no evidence of crimes.' peterschiff europacific
Baca lebih lajut »
Bitcoin.com NewsThe British Army's official Youtube and Twitter accounts were compromised Sunday and hackers used them to promote crypto scams. cryptocurrency bitcoin ether
Baca lebih lajut »
Bitcoin.com NewsIn addition to the spiraling inflation rate, Ghana has to contend with a negative balance of payments position which grew to $934.5 million in the first quarter of 2022. inflation balanceofpayments
Baca lebih lajut »