BTC

$62757.552

1.88%

ETH

$2939.337

0.00%

BNB

$593.809

-0.64%

XRP

$0.506

0.61%

News

Binance’s Feeless BTC Trading Update Arrives September 7th

August 24, 2023 - Around 2 mins mins to read

Key Points:

  • Binance revamps BTC/TUSD & leveraged trading fees based on VIP level.
  • Users maintain fee discounts for BTC/TUSD spot trading.
  • Leverage traders enjoy zero pending order fees, enhancing strategies.
Binance has announced an upcoming update to its no-fee BTC trading package.
Binance's Feeless BTC Trading Update Arrives September 7th

The changes are scheduled to take effect from 2023-09-07 00:00 (UTC), ushering in a new approach to taker fees calculation and order processing.

One of the key adjustments in this update involves the calculation of taker fees for BTC/TUSD trading pairs and leveraged spot trading pairs. Binance will now determine taker fees based on the user’s VIP level, offering a tailored fee structure that aligns with the user’s trading activity and engagement on the platform. This personalized approach aims to reward active traders while promoting higher trading volumes.

Binance's Feeless BTC Trading Update Arrives September 7th

Binance is ensuring that users continue to benefit from its commitment to a user-friendly environment. The exchange will maintain its zero pending order fee discount for BTC/TUSD spot trading pairs. This means users can still engage in spot trading activities without incurring any pending order fees, fostering a cost-effective trading experience.

The update doesn’t solely focus on traditional trading. Binance’s commitment to catering to various trading preferences is evident through its zero pending order fee activity for leveraged trading pairs. Traders utilizing leverage through the zero pending order fee activity will continue to enjoy a fee-free advantage, further encouraging participation in leveraged trading strategies.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Binance

BTC

BTC trading

Feeless BTC

Feeless BTC Trading

Avatar of Annie

Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Binance’s Feeless BTC Trading Update Arrives September 7th

Key Points:

  • Binance revamps BTC/TUSD & leveraged trading fees based on VIP level.
  • Users maintain fee discounts for BTC/TUSD spot trading.
  • Leverage traders enjoy zero pending order fees, enhancing strategies.
Binance has announced an upcoming update to its no-fee BTC trading package.
Binance's Feeless BTC Trading Update Arrives September 7th

The changes are scheduled to take effect from 2023-09-07 00:00 (UTC), ushering in a new approach to taker fees calculation and order processing.

One of the key adjustments in this update involves the calculation of taker fees for BTC/TUSD trading pairs and leveraged spot trading pairs. Binance will now determine taker fees based on the user’s VIP level, offering a tailored fee structure that aligns with the user’s trading activity and engagement on the platform. This personalized approach aims to reward active traders while promoting higher trading volumes.

Binance's Feeless BTC Trading Update Arrives September 7th

Binance is ensuring that users continue to benefit from its commitment to a user-friendly environment. The exchange will maintain its zero pending order fee discount for BTC/TUSD spot trading pairs. This means users can still engage in spot trading activities without incurring any pending order fees, fostering a cost-effective trading experience.

The update doesn’t solely focus on traditional trading. Binance’s commitment to catering to various trading preferences is evident through its zero pending order fee activity for leveraged trading pairs. Traders utilizing leverage through the zero pending order fee activity will continue to enjoy a fee-free advantage, further encouraging participation in leveraged trading strategies.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Visited 92 times, 1 visit(s) today