Binance US offers free Bitcoin trading

Binance US users will now be able to accept bitcoin at no cost on four trading pairs. They will also enjoy a reduced fee of 0.5% when using the “Buy Crypto” feature.

Free Bitcoin trading

The American branch of the giant Binance knows how to attract customers. In a crypto market in full decline, like the traditional equity markets, the platform has announced that it now offers zero-fee trading on spot bitcoin pairs.

More specifically, four market pairs are concerned: BTC/USD, BTC/USDT, BTC/USDC and BTC/USD. But the free platform US version does not stop there. Users can also make free crypto conversions and use the over-the-counter (OTC) portal without paying a single cent. On the other hand, they will still have to pay fees by activating the “Buy Crypto” function, but moderate at 0.5%.

We see this as an opportunity to revolutionize the way fees are not approached in our industry, increase accessibility to crypto, and help our market and customers where needed.

Binance US CEO Brian Shroder

Arm yourself against weakened competition

let’s remember that trading fees are the main sources of income for crypto exchanges and that by offering this type of offer, Binance US is throwing a hell of a lot into the pond. This new option also illustrates its good results at a time when many of its competitors seem to be in worse shape, like Coinbase, the No. 1 platform in the United States, which is suffering from this crypto winter.

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The first swap side has resolved to lay off staff and freeze its hiring to cope with the rigor of the market (or poor management, etc.). A boon for the American branch of the World Titan, which can take advantage of the situation, even if it invokes more laudable intentions.

As fears of pullback grow and inflation costs rise, we believe it is important to deliver greater Bitcoin savings and value to everyone in the crypto ecosystem.

Binance US CEO Brian Shroder

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