Binance Launches BTC/FDUSD And ETH/FDUSD Pairs

Binance has announced the planned launch of two new trading pairs – BTC/FDUSD and ETH/FDUSD. The trading pairs are scheduled to go live on August 4, 2023, at 08:00 (UTC), providing users with additional options to trade between major cryptocurrencies and the FDUSD stablecoin.

Zero-Fee Trading on BTC/FDUSD Pair

In conjunction with the new trading pairs, Binance is also updating its zero-fee Bitcoin trading program to include the BTC/FDUSD trading pair. Starting from August 4, 2023, at 08:00 (UTC), users can enjoy zero maker and taker fees on both spot and margin trading for BTC/FDUSD. This update is a significant move by Binance to encourage more trading activity within the platform.

During the promotion period for the BTC/FDUSD and ETH/FDUSD trading pairs, traders will experience zero maker and taker fees. Additionally, trading volume on these pairs will not be included in the VIP tier volume calculation and all Liquidity Providers program, incentivizing users to take advantage of the new trading opportunities.

Check out Catcoin on CMC

Binance’s Promotion Terms

However, it’s important to note that Binance has set some terms and conditions for these promotions. The exchange reserves the right to disqualify trades that are considered wash trades or involve illegally bulk registered accounts, as well as any trades suspected of self-dealing or market manipulation. Binance has always been committed to providing a fair and transparent trading environment for its users. Therefore, all trading volume and metrics related to the promotions will be measured solely by Binance at its absolute discretion.

Related: OKX Launches AA Smart Wallet

Furthermore, the zero-maker fee promotion for all FDUSD spot and margin trading pairs is also in effect during the promotional period. Users can enjoy zero maker fees on these pairs, while standard taker fees apply based on their VIP level. As with any promotion, standard trading fees will apply after the promotion ends. Users are advised to refer to the VIP tier fee structure for more detailed information on the applicable fees. Binance has emphasized that it reserves the right to cancel or amend the promotions and promotion rules at its sole discretion. However, the exchange is dedicated to maintaining fairness and integrity throughout the promotion period and beyond.