Binance Launches Zero-Charge Bitcoin Trading for American Customers

Jun 23, 2022

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Binance Launches Zero-Charge Bitcoin Trading for American Customers

Originally posted here.
By: Peter Olaoluwapo

Overview

Binance.US in an effort to encourage more activity during this tough bear market, has begun to provide zero-fee trading for Bitcoin to its American customers. Binance.US’s CEO Brian Shroder said that “Since inception, we have been known for our really low fees.” Furthermore, he added zero-fee trading would result in “positive user sentiment,” which would attract more users. Currently, the promotion is only available to BTC users in the United States. The majority of centralized exchanges’ income comes from trading and transaction fees.

The move is probably going to make exchanges more competitive, especially in the …

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