![]() ![]() For Binance, however, this is just another manifestation of our core values, a natural consequence of always putting users at the forefront.Īlthough we’ll miss out on some fees, Binance’s reserves are still as robust and healthy as ever. Some may see this move as a publicity stunt or marketing gimmick to get more users. Furthermore, the Ethereum blockchain is the original home to many decentralized applications (DApps), being critical in paving the way for DeFi, NFTs, and the use of smart contracts in crypto. For starters, ETH is the second-most popular digital asset by trading volume. Like Bitcoin, Ethereum is another cornerstone of the Web3 ecosystem. As a user-first company, we want to ensure everyone has the opportunity to buy and sell ETH with minimum barriers to entry. With The Merge quickly approaching, we understand there’ll be an influx of crypto users, both newcomers and veterans, interested in the Ethereum ecosystem and its native asset, ether. Naturally, it’s only fair that ETH gets the same treatment. ![]() Why Are We Doing This?Įarlier in the year, we announced zero fees for bitcoin trading. For more details, you can refer to our full announcement. We’ve simply removed our standard 0.1% fee for all ETH/BUSD spot trades. There are no hidden costs associated with this promotion meant to offset the costs of this fee waiver. We are excited to announce that Binance will introduce zero-fee trading for the ETH/BUSD spot trading pair at 00:00 (UTC). Starting August 26, Binance users can buy and sell ether (ETH) for BUSD without paying any trading fees. ![]()
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