Binance Launches Zero-Charge Bitcoin Trading for American Customers


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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Binance Launches Zero-Charge Bitcoin Trading for American Customers

Binance Launches Zero-Charge Bitcoin Trading

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 …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.





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