In a thrilling development, Binance, the leading cryptocurrency exchange globally, made an announcement on Thursday, that the exchange is introducing fee-less trading for two prominent cryptocurrencies, Bitcoin and Ethereum.
The upcoming debut on Binance includes trading pairs for the fresh stablecoin, First Digital USD, with Bitcoin and Ethereum. Commencing at 8:00 a.m. UTC on August 4, users can engage in trading BTC/FDUSD as part of Binance’s zero-fee Bitcoin trading program.
A noteworthy aspect is that, for the time being, trading ETH/FDUSD comes with no maker fee, while the standard taker fee is aligned with the user’s VIP level.
According to Binance, during the promotion, the BTC/FDUSD spot and margin trading pairs will not be subject to “BNB discounts, referral rebates, and any other adjustments.”
Back on July 26, Binance initiated the listing of Fist Digital USD, accompanied by the introduction of maker-fee-free trading for FDUSD/BNB, FDUSD/USDT, and FDUSD/BUSD spot trading pairs. There was a brief suspension of FDUSD trading due to technical issues during that period.
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