Binance Announces Fee-Free Trading for BTC, ETH, BNB in JPY Pairs
Binance, renowned as a leading global cryptocurrency exchange, has announced an exciting update for its users, introducing new trading pairs against the Japanese Yen (JPY) from March 12, 2024, at 08:00 (UTC). Users will now be able to trade popular cryptocurrencies such as BNB/JPY, BTC/JPY, and ETH/JPY directly on Binance’s spot trading platform.
This strategic move is designed to cater to the growing needs of its user base by offering a broader range of trading options, particularly in one of the world’s major fiat currencies, the Japanese Yen. With this expansion, Binance is set to strengthen its position as the preferred choice for digital currency traders globally. Celebrating the launch of the JPY spot trading pairs, Binance is introducing an exciting fee-free trading promotion, running from March 12, 2024, at 08:00 (UTC) until April 11, at 07:59 (UTC). During this period, users will enjoy zero maker and taker fees across all JPY cash trading pairs.
The promotion extends not only to the newly introduced pairs but also to future JPY spot trading pairs, aiming to provide users with a more cost-effective trading experience and encourage increased engagement and participation on the platform. Binance has outlined specific terms and conditions for participation in the zero-fee promotion, excluding trade volumes from VIP tier volume calculations and suspending various benefits like BNB discounts, referral discounts, and other adjustments during the promotional period.
Meanwhile, the digital currency market has witnessed a notable bullish trend, with Bitcoin (BTC) approaching the $66,000 mark, indicating a positive shift. Concurrently, various altcoins have also seen significant gains, with Ethereum’s price moving towards the $3,800 threshold, while BNB enjoyed a commendable 3% increase, surpassing the $427 mark.
