Binance has announced that it will be removing trading fees on many spot trading pairs throughout July to celebrate the fifth anniversary of Binance. The announcement was made through the company’s official Twitter account on July 06, and people can begin trading from July 08 onwards.
The company has maintained very low trading fees for a long time, but these lower fees were only available for users with high volumes. With this latest move, it still manages to set itself up as the global leader in pricing, ensuring that investors have access to a wide range of prices for their trades.
According to statistics from CoinMarketCap, there are 13 stablecoin and flat combinations that users can trade freely from July 08: BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY, etc. Additionally, they are also offering a special promotion- users who use their referral link and sign-ups.
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Changpeng Zhao’s Statement On Anniversary Of Binance
The firm celebrates a yearly fee-cutting event since Changpeng Zhao (CZ) founded Binance in 2017. The founder and CEO of Binance had decided to give away 50% of all profits during that period as an appreciation for everyone who had helped him in his journey thus far. It has been quite successful ever since then and continues to be so as time goes by!
According to his statement, the company has strived to offer the most competitive fees in the industry. Moreover, it is an inclusive platform. They aim to remove the trading fees on chosen BTC spot trading pairs.
CZ added that they have amassed a great community within these five years. This community believes in them and is compatible with their vision. The company will not achieve any achievements without the help of its community.
Binance wants to offer them something great as they believe that they will be able to achieve their goals with their support and help. These people should be happy because they play a big part in helping them get what they want from their business venture.
It launched in July 2017 as a crypto-to-crypto exchange for Bitcoin and Ethereum users who are looking for a fast transaction platform for buying crypto assets with fiat currency or other cryptocurrencies like Litecoin (LTC).
If you can’t attend an in-person event, don’t worry. You can still enjoy Binance Live by watching the live stream wherever you are. You can also watch highlights from the event on YouTube.
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Online guests can take part in different activities, which means you don’t need to worry about leaving something behind. These include trading, depositing, and collection tasks that you can do from home, so there’s no need to leave your house or get dressed up for an important meeting!
You can also join the live streaming of Binance’s Fifth Anniversary party where they’ll introduce very knowledgeable and experienced speakers and guests for discussions.