Could Binance’s fee-free Bitcoin trading update just be the beginning? - Aliens: AI Crypto News & Markets Updates
Logo
Logo

Feed

Coins

About

Latest

Bitcoin

Ethereum

NFT

Gaming

Policy

Blockchain

Altcoins

Could Binance’s fee-free Bitcoin trading update just be the beginning?

PublisherPublisher
AMB Crypto

Thu, Jun 23, 2022

Banner

Aliens TLDR

Binance.US, following in the footsteps of Robinhood, which launched no-commission cryptocurrency trading in 2018, has eliminated trading costs for Bitcoin spot market deals.

According to Brian Shroder , CEO of Binance.US, the decision makes it the first cryptocurrency exchange in the United States to do away with spot trading fees for Bitcoin for all users, regardless of trading volume.

Previously, the exchange assessed a 0.1% spot trading fee for trade volumes of less than $50,000 in Bitcoin.

According to its website, it charges users lower fees the more they trade.

According to Brian Shroder, “We see this as an opportunity to revolutionize the way fees are approached in our industry, increase accessibility to crypto, and better support our market and customers in a time of need.” Binance.US would not be making a spread from its no-fee transactions, according to Shroder.

According to data provider CoinGecko, one of the biggest cryptocurrency exchanges by trading volume is Binance.US.

Read full article on Aliens appRead from Original Source

The best experience is on the app

Everything happening in the crypto world, in real time

app

Recommended Stories

Article list item background

Bitcoin ($BTC) Could End the Year at $28,000, Deutsche Bank Analysts Say

Analysts at Deutsche Bank have revealed they expect the price of the flagship cryptocurrency Bitcoin ($BTC) to be around $28,000 by the end of the year given how the cryptocurrency has been trading in tandem with U.S. stocks.
CryptoGlobe
·

3h

Bitcoin

Recommended Stories

Article

Facebook Begins Testing Ethereum and Polygon NFTs on Profiles

Article

New York denies air permit to Bitcoin mining power plant

Article

Crypto wants its own iPhone

Article

EU agrees rules to tame 'Wild West' crypto market

Article

ETH 2.0 deposits reaching ATH could mean this for ETH holders

Article

Celsius Exploring Solutions for Liquidity Crisis

Article

CoinFLEX cancels withdrawals resumption plan

The best experience is on the app

Download app to discover exclusive content, live market updates and more.

Get smarter and richer with the Aliens Crypto Digest

Stay informed and entertained, for free.

Follow Aliens

Advertise