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Binance, one of the world’s leading cryptocurrency exchanges, has announced that it will begin offering fee-free trading on several FDUSD pairs, including popular cryptocurrencies such as BNB and ETH. The move is part of a broader initiative to encourage trading activity and provide more value to its users.
Starting December 8 at 00:00 UTC, traders will be able to transact fee-free on six FDUSD pairs such as BNB/FDUSD and ETH/FDUSD. This promotional period is part of a changing landscape in the crypto market, with the main digital currencies showing upward trends.
Binance also clarified that trades on these selected pairs will not be counted towards users’ VIP tier volume, nor will they be eligible for Liquidity Provider program benefits during the promotion. The exchange is known for trading fee discounts based on volume and holding of its BNB token, but it has chosen to exclude these transactions from these calculations.
Additionally, Binance has implemented a one-hour temporary interest fee waiver on margin loans for various cryptocurrencies, including BTC and ETH. This exemption is part of the exchange’s ongoing efforts to integrate FDUSD as a stablecoin substitute and follows its strategy of phasing out BUSD pairs. The waiver will be available until December 18 at 09:00 UTC.
Alongside these initiatives, Binance is set to enable fee-free transactions for additional spot and margin trading pairs such as XRP/FDUSD starting December 8. This service aims to promote fairness and equal opportunities for all users to improve their portfolios.
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