Binance has responded to user demand by launching a zero maker fee promotion for spot trading pairs involving Argentine Peso (ARS), Brazilian Real (BRL), and South African Rand (ZAR). This promotional offer is set to commence on September 8, 2023, at 00:00 (UTC).
This zero maker fee promotion encompasses eight specific spot trading pairs on the Binance platform:
BTC/ARS (Bitcoin to Argentine Peso)
USDT/ARS (Tether to Argentine Peso)
BTC/BRL (Bitcoin to Brazilian Real)
ETH/BRL (Ethereum to Brazilian Real)
USDT/BRL (Tether to Brazilian Real)
BTC/ZAR (Bitcoin to South African Rand)
ETH/ZAR (Ethereum to South African Rand)
USDT/ZAR (Tether to South African Rand)
The zero maker fee promotion for ARS, BRL, and ZAR spot trading pairs will be in effect from September 8, 2023, at 00:00 (UTC) until further notice.
ARS, BRL, and ZAR are fiat currencies and do not represent digital assets or cryptocurrencies.
Following the conclusion of the promotional period, standard trading fees will be reinstated. For detailed fee information, users can refer to Binance’s spot trading fee structure.
Binance reserves the right to disqualify users from eligibility if any account is found to be involved in dishonest practices, including wash trading, illegal bulk registration of accounts, self-dealing, or market manipulation.
Binance’s move to introduce a zero maker fee promotion for ARS, BRL, and ZAR spot trading pairs reflects its commitment to meeting evolving user needs. This promotion is expected to attract traders interested in these currency pairs, contributing to the exchange’s ongoing market expansion.
Implementing zero fees can serve as a strategic measure to stimulate liquidity and bolster trading activity. According to Blockchain.News, Binance has recently unveiled a significant development, wherein users can now avail themselves of zero maker fees for FDUSD trading pairs, and this favorable condition will remain in effect “until further notice.”
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