Additional Trading Fee Discountsīinance.US offers additional trading fee discounts for customers who meet the following criteria: The assets included in each tier will be published prior to the new pricing’s go-live date in January 2023 and the consolidated pricing tier will henceforth be known as Tier I. Starting in January 2023, the previous Tiers I and II, which feature trading fees that are determined on a per-asset basis, will be merged into a single tier. We plan to add more coins, tokens, and pairs to this tier in the coming months. At the time of writing, this tier includes eight Bitcoin and Ethereum Advanced Trading pairs: BTC/USD, BTC/USDT, BTC/BUSD, BTC/USDC, ETH/USD, ETH/USDT, ETH/BUSD, and ETH/USDC.
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Tier 0 is our Free tier that reduces trading fees to zero on select cryptocurrencies, for all customers - with no trading volume or asset holding requirements to meet. Tiers I and II will be combined into a single tier, known as Tier I. Starting in January 2023, we will simplify our fee schedule by moving from three pricing tiers to two. In this article, learn more about our revised fee schedule and how it works. New institutions and corporate clients can apply today for an Institutional account.
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To start trading Ethereum with zero fees, log in, sign up, or download the free Binance.US mobile app. Zero-fee ETH buys and trades reinforces our customer-centric commitment to deliver best-in-class value to all Binance.US customers, without any minimum trading volume requirements or hidden fees. The new fee schedule also eliminates transaction fees for ETH buy and sell orders made using the Buy, Sell & Convert feature.ĮTH is the latest offering to join Bitcoin (BTC) in our Tier 0, Free tier.
The scope of Mazars’ investigation included customers’ spot, options, futures, margin, loan, funding, and earn accounts for BTC and wrapped BTC (wBTC) that were held on the Bitcoin, Ethereum, BNB Chain, and Binance Smart Chain networks.As of December 7, 2022, Binance.US is pleased to offer zero-fee Ethereum (ETH) trading to all new and existing customers on our ETH/USD, ETH/USDT, ETH/BUSD, and ETH/USDC Advanced Trading pairs. On the same day, financial audit form Mazars published a document that confirmed Binance’s customer BTC reserves were 101% overcollateralized. Customers who maintain a higher 30-day trading volumes will be able to qualify for even greater fee discounts. The company will also offer additional trading fee discounts on all other trades, when the fee is payed with BNB tokens, as well as simplify its fee schedule starting January 2023. Now, more than ever, it is critical that platforms operate with users’ interests first.”
“By eliminating fees first on BTC and now ETH, we are further cementing our position as the low fee leader in crypto, raising awareness for the high fees consumers are paying on other platforms, and helping to restore trust in the greater ecosystem. The CEO and president of Binance.US, Brian Shroder, said in a statement: The zero-fee trading model was first launched back in June, when the exchange eliminated its Bitcoin (BTC) trading fees in an effort to attract more customers to its platform. arm of popular crypto exchange Binance has expanded its zero-fee program to include spot trading for Ether (ETH) for all of its customers, the company said in a blog post on 7 December.Īccording to the announcement, new and existing users of Binance.US will no longer pay trading fees for four ETH trading pairs, including ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD.
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