© Reuters
Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will begin offering fee-free trading on several FDUSD trading pairs, including popular cryptocurrencies such as BNB and ETH. The move is part of a broader initiative to encourage trading activity and provide more value to users.
Starting December 8 at 00:00 UTC, traders will be able to participate in free trades on six FDUSD pairs such as BNB/FDUSD and ETH/FDUSD. This promotional period is set against the backdrop of a growing crypto market landscape with leading digital currencies showing a bullish trend.
Binance also clarified that trades on these selected pairs will not count towards users’ VIP level volume nor be eligible for Liquidity Provider program benefits during the promotional period. The exchange is known for its tiered trading fee discounts based on volume and its native BNB token holdings but has chosen to exclude these transactions from such calculations.
Additionally, Binance has implemented a temporary one-hour interest waiver on margin loans for various cryptocurrencies, including and ETH. This exemption is part of the exchange’s ongoing efforts to integrate FDUSD as a stablecoin alternative and follows its strategy of phasing out BUSD pairs. The exemption will be available until December 18 at 09:00 UTC.
In parallel with these initiatives, Binance is set to enable fee-free trading for additional spot and margin trading pairs such as /FDUSD starting December 8. The service aims to promote fairness and equal opportunity for all users to enhance their investment portfolio.
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