Binance has moved to remove fees for a bunch of bitcoin spot trading pairs.
Bitcoin, the world’s largest cryptocurrency exchange by reported trading volume, has removed fees for a wide range of bitcoin spot pairs to mark its fifth anniversary, according to an announcement posted this Wednesday.
Users will be able to trade Bitcoin against Tether (USDC), Binance USD (BUSD), Circle’s USD Coin (USDC), Euro, Turkish Lira and other fiat currencies.
Binance claims that users will be able to enjoy zero-fee trading “until further notice”. It will be introduced from July 8.
In his statement, Binance CEO Changpeng Zhao said that his exchange always strives to offer the most compelling fees within the industry. CZ says that by introducing zero-fee trading for a group of bitcoin pairs, the company wants to give back to the community.
Binance.US launched zero-fee trading for bitcoin last month following the announcement.