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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

Last updated: August 24, 2023 3:19 PM
Published 2023-08-24
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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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TAGGED:BinanceBitcoin (BTC)
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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.

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