The top crypto exchange platform Binance declared that it will let clients avail the 0 taker and maker charges for trading Bitcoin on just the spot trading pair BTC/TUSD. On its official website, Binance mentioned that the platform will make certain updates to the 0 maker charges promotion for BUSD. In addition to this, it will also update its zero-fee trading project for Bitcoin on the 22nd of March this year.
Binance to Let Users Enjoy Zero Taker and Maker Fees on the BTC/TUSD Pair
The company also disclosed the fee structure. The firm mentioned the trading pairs as well as the fees implemented on them in that fee structure. As per it, the only trading pair having zero taker and maker charges is BTC/TUSD. By taking this decision, the platform has expressed its support for the TUSD token. Along with this, a couple of trading pairs were also specified by it on which zero maker charges are implemented however they are subject to the standard taker charges. These pairs include ETH/TUSD and BNB/EUSD.
On the other hand, the rest of the trading pairs have standard taker and maker charges implemented on them. The firm specified that the calculation of taker and maker charges rebates will restart for the margin and spot pairs. The crypto exchange platform mentioned clarified that it has the right to eliminate those trades which are considered wash trades. It also declared that it can also terminate bulk accounts that are illegitimately registered.
Moreover, the firm also disclosed having the rights reserved to dismiss the trades that express characteristics of market manipulation and self-dealing. Within its terms and conditions, Binance also asserted that the entirety of the trading metrics and volume dealing with the projects are determined by the platform at its absolute discretion.
The Validity Period Is Until Any Further Notice
It added that the calculation of the taker and maker charges rebates for the rest of the margin and spot trading pairs in both the above-mentioned projects will restart with more updates. The crypto exchange moved on to highlight that the firm has the right to modify or terminate a project or the rules in a project at its exclusive discretion. While revealing the validity period for these projects, the company stated that they will be valid until any additional notice.
