Binance Extends Zero-Fee Trading for JPY Spot Trading Pairs
Luisa Crawford Apr 10, 2024 09:30
Binance, the leading cryptocurrency exchange, has announced an extension of its zero-fee trading promotion for JPY (Japanese Yen) spot trading pairs. This update allows all users to enjoy zero maker and taker fees on JPY spot trading pairs until further notice.
Binance has responded to popular demand by extending the zero-fee trading promotion for JPY spot trading pairs. This means that users can trade JPY spot pairs on the Binance platform without incurring any maker or taker fees.
The promotion applies to both existing and new JPY spot trading pairs. Users can refer to the Binance support page for more information on the promotional spot and margin trading pairs.
It's important to note that JPY is a fiat currency and does not represent any other digital currencies. Only Binance Japan users can deposit or withdraw JPY. Binance.com users are not able to deposit or withdraw JPY from their Binance accounts.
During the promotion period, the trading volume on all existing and new JPY spot trading pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs, where applicable.
BNB discounts, referral rebates, and other adjustments will not apply to any JPY spot trading pairs during the promotion. Standard trading fees will apply once the promotion ends.
Binance has previously added JPY trading pairs such as BNB/JPY, BTC/JPY, and ETH/JPY, and has launched zero-fee trading for JPY spot trading pairs to cater to the growing demand from Japanese users.
Users can find more information about the terms and conditions of the promotion on the Binance support page. Binance reserves the right to disqualify trades that are deemed to be wash trades or display attributes of self-dealing or market manipulation.
As with any investment, users should be aware that digital asset prices are subject to high market risk and price volatility. They should carefully consider their investment experience, financial situation, investment objectives, and risk tolerance before making any investment decisions.
In conclusion, Binance's extension of zero-fee trading for JPY spot trading pairs demonstrates their commitment to providing a seamless trading experience for users. This promotion allows users to trade JPY spot pairs without incurring any fees, making it more accessible and cost-effective for traders.
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