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Bitcoin News

Binance to Update Zero-Fee BTC Trading Starting Sep 7, 2023

Users can still benefit from TUSD zero maker fees on Binance.

Written By Ronak Kumar
Published August 24, 2023 3:19 PM
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Binance to Update Zero-Fee BTC Trading Starting Sep 7, 2023

The world’s largest cryptocurrency exchange, Binance, has announced its plans to implement updates to its zero-fee Bitcoin trading program, effective from September 7, 2023.

#Binance will update the zero-fee Bitcoin trading program effective from September 7, at 00:00 UTC.https://t.co/nlHvZU4ZJ0

— Binance (@binance) August 24, 2023

This adjustment will impact the fee structure for the BTC/TUSD spot and margin trading pair. Under the revised program, standard taker fees corresponding to the user’s VIP level will be applicable to the BTC/TUSD trading pair, while the maker fee remains at 0%.

Importantly, users can still take advantage of the TUSD Zero Maker Fees Promotion when participating in BTC trading on the BTC/TUSD spot and margin trading pair. Furthermore, starting from the specified date, trading volumes associated with the BTC/TUSD pair will contribute to VIP tier calculations and all Liquidity Provider programs.

These changes underline Binance’s commitment to delivering a dynamic and competitive trading environment for its users while ensuring transparent fee structures and promotions that benefit the trading community.

Also Read: Binance Suspends Crypto Debit Card Service in Some Regions

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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