Bitcoin Spot Trading Fees Will Be Eliminated By Binance

Binance, the world’s largest cryptocurrency exchange by reported trading volumes, has removed fees for a wide range of BTC spot pairs on the occasion of its fifth anniversary, according to an announcement posted this Wednesday. 

Users will be able to trade BTC for other fiat currencies such as the euro, Turkish lira, Binance USD (BUSD), Circle’s USD Coin (USDC), and Tether (USDC).

Zero-fee trading will be available to users, according to Binance, “until further notice.” It will be made public beginning on July 8.

Changpeng Zhao, CEO of Binance, stated that their exchange had always sought to provide the most competitive fees in the market.

Binance is launching zero-fee trading for Bitcoin trades

According to CZ, the company is launching zero-fee trading for a number of Bitcoin trades in order to give back to the community.

The declaration follows Binance.

The US started offering free Bitcoin trading last month.

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