Binance.US Starts Zero-Fee Trading for Bitcoin Spot Market Deals

Following in the footsteps of Robinhood, which established no-commission cryptocurrency trading in 2018, Binance.US has removed trading costs for Bitcoin (BTC) spot market deals. The best #crypto platform for low fees just got better. #BinanceUS is the first major platform to offer zero-fee #bitcoin trades for BTC/USD, BTC/USDT, BTC/USDC & BTC/BUSD spot pairs, for all users without trading volume requirements. Read: https://t.co/UYvNNvael2 pic.twitter.com/YDV0x3dfcJ — Binance.US 🇺🇸 (@BinanceUS) June 22, 2022 The move, according to Brian Shroder, CEO of Binance.US, makes the company the first cryptocurrency exchange in the United States to do away with spot trading fees for Bitcoin for all users without imposing trade volume limitations. He continued that they wouldn’t be collecting a spread on trades. “We see this as an opportunity to revolutionize the way fees are approached in our industry, increase accessibility to crypto, and better support our market and customers in a time of need.” 2/ Crypto is at a pivotal moment and we are never done working for our community. Staking and 0-fee $BTC trading is just the beginning of what we have in store for you. We designed an innovative tiered pricing model, which will go into effect this summer. — Brian Shroder (@BrianShroder) June 22, 2022 Announcement Heated The Competition The announcement of enhanced fee competition pressures its rivals to follow suit. On Wednesday, shares of ...