Binance Exchange Announces Changes to Zero-Fee Trading for TUSD Spot and Margin Pairs

Cryptocurrency exchange Binance The exchange has revealed a fresh update to its zero-fee trading framework for TUSD, which will take effect from 00:00 UTC on July 16th. Post this date, traditional maker fees will start applying to all transactions involving TUSD spot and margin pairs. Importantly, trading associated with TUSD-USDT pairs will still enjoy the zero-fee structure.

This revision impacts a variety of TUSD trading pairs with cryptocurrencies such as AVAX, ARKM, ARB, AI, ADA, BTC, BNB, BCH, CYBER, DOGE, ETH, MAV, MATIC, SUI, SOL, and PEPE, accommodating users from standard accounts to VIP tiers from levels one through nine. Regular users are those with less than one million dollars in USD trading volume over the last 30 days. In contrast, VIP tier one users exceed this amount, with higher tiers representing progressively larger trading volumes, ending with tier nine for those with more than four billion dollars in trading volume.

The standard maker fees are set to fluctuate based on the trader’s VIP tier, and similar adjustments will be made to both the standard taker and TRY taker fees according to the user’s VIP status.

This update indicates Binance’s continuous assessment and improvement of its offerings, aimed at delivering maximum value and competitive services to its users.

Binance Launches 'Be Binance' Initiative to Celebrate Its 7th Birthday

As one of the premier cryptocurrency exchanges, Binance supports transactions involving over 350 cryptocurrencies and tokens. The platform is well-known for its low transaction fees and robust liquidity options, catering to a diverse user base. cryptocurrencies Recently, Binance announced the rollout of a global initiative

to commemorate its seventh milestone. This campaign features various events like face-to-face meetups, virtual gatherings, social media competitions, and unique promotions. Activities will be spread across nineteen countries worldwide. Moreover, Binance will provide users with opportunities to enter giveaways through platforms like Binance Square and other community forums and earn rewards. ‘Be Binance’ Please be aware that the information on this page should not be considered as legal, tax, investment, financial, or any other form of advisory guidance. It is crucial to invest only what you are prepared to lose and to consult independent financial professionals if you're uncertain. For more detailed insights, we recommend checking the terms and conditions along with the support resources available from the issuer or advertiser. MetaversePost strives to provide precise and impartial reporting, although market conditions may change unexpectedly.