Binance expands its offerings by introducing JPY trading pairs for BNB, BTC, and ETH, catering to its worldwide user base. This highly anticipated launch is scheduled for March 12, 2024, on both its global platform and Japanese trading arm.
Binance has launched an exciting zero-fee trading promotion. Starting March 12, 2024, at 08:00 (UTC) until April 11, 2024, at 07:59 (UTC), users can trade all JPY spot pairs. The inclusion of JPY trading pairs will make it easier for Japanese users to access and trade popular cryptocurrencies like BNB, BTC, and ETH using their local currency.
Nevertheless, the promotion undoes the rebating of VIP tier volume. It freezes the discount for points and a referral rebate along with the advance of other merits during the promotion period.
Binance’s move aligns with Japan’s efforts to foster a favorable environment for the crypto industry. In December 2023, the Japanese cabinet’s approval of a revision exempted companies from taxing unrealized crypto gains, reinforcing its dedication to the sector.
By expanding its offerings to include the Japanese yen, one of the world’s major fiat currencies, Binance reinforces its position as a preferred choice for cryptocurrency traders worldwide, meeting the diverse needs of its global user base.
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