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Binance Introduces Zero-Fee Trading on FDUSD Pairs

Explore Binance's initiative of zero-fee trading for FDUSD pairs, aiming to boost trading activity and user value on its platform.
Published on 2023-12-05

Zero-Fee Trading on FDUSD Pairs

Binance, a leading cryptocurrency exchange, is launching zero-fee trading on several FDUSD trading pairs, including BNB/FDUSD and ETH/FDUSD. This initiative, starting December 8 at 00:00 UTC, is designed to stimulate trading activity and deliver enhanced value to users amid a dynamic crypto market.

Exclusions from VIP and Liquidity Programs

While offering fee-free transactions, Binance specifies that trades in these pairs will not influence users' VIP tier volumes nor qualify for Liquidity Provider program benefits. Typically, Binance offers trading fee discounts based on trading volume and holdings of its native BNB token, but these specific trades are excluded from such calculations.

Temporary Margin Loan Interest Waiver

In a bid to further integrate FDUSD as a stablecoin, Binance introduces a temporary one-hour interest fee waiver on margin loans for cryptocurrencies like BTC and ETH. This waiver, effective until December 18 at 09:00 UTC, complements Binance's strategy to gradually phase out BUSD pairings.

Expanding Fee-Free Trading Options

Alongside the zero-fee initiative for FDUSD pairs, Binance will expand fee-free transactions to include additional spot and margin trading pairs, such as XRP/FDUSD, starting December 8. This move aims to ensure fairness and equal trading opportunities, allowing users to enhance their portfolios effectively.

By offering zero-fee trading and interest waivers, Binance continues to enhance user experience and adapt to the evolving cryptocurrency market landscape.

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