The world\u2019s largest\u00a0crypto exchange Binance<\/a> on Wednesday said it is launching zero-fee trading for six FDUSD spot and margin pairs amid the ongoing crypto market rally. The crypto exchange plans to launch zero-fee trading initially for crypto \u2014 Ethereum<\/strong> (ETH), XRP<\/strong>, BNB<\/strong>, Solana<\/strong> (SOL), Dogecoin<\/strong> (DOGE), and Chainlink<\/strong> (LINK).<\/p>\n Crypto exchange Binance in an official announcement<\/a> on December 5 revealed the plan to introduce zero-fee trading for six FDUSD spot and margin pairs. Users will enjoy zero maker and taker fees for the pairs effective from December 8 at 00:00 UTC.<\/p>\n <\/p>\n Binance will introduce key pairs such as BNB\/FDUSD, DOGE\/FDUSD, ETH\/FDUSD, LINK\/FDUSD, SOL\/FDUSD and XRP\/FDUSD.<\/p>\n \u201cThe trading volume on the above spot and margin trading pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs during the promotion period, where applicable,\u201d as per the announcement.<\/span><\/p>\n Furthermore, these spot and margin trading pairs are excluded from BNB fee discounts, fee rebates, or any fee adjustments or fee promotions.<\/span><\/p>\n <\/p>\n Meanwhile, Binance also introduced <\/a>a one-hour interest fee waiver for BTC, DOGE, ETH, GALA, GMT, LINK, MATIC, ORDI, SEI, SOL, TIA and XRP\u00a0<\/strong>pairs. Users borrowing these on Binance margin will automatically receive the one-hour interest fee waiver. This is valid until December 18 09:00 UTC.<\/span><\/p>\n Also Read: BlackRock & Bitwise Submits Revised Spot Bitcoin ETF S1 Prospectus<\/a><\/strong><\/p>\n <\/p>\n Binance offers zero-fee trading for FDUSD<\/a> after adding the stablecoin earlier in response to ending BUSD support. The exchange is also delisting BUSD pairs gradually.<\/p>\n The zero-fee trading will bring a rally in ETH, BNB, XRP, DOGE, SOL, and LINK, which are already moving near key resistance levels.<\/p>\n XRP price<\/a> trades at $0.62, down 1% in the past 24 hours amid profit booking. The 24-hour low and high are $0.608 and $0.641, respectively. Furthermore, the trading volume has increased by 60% in the last 24 hours, indicating a rise in the interest of traders.<\/p>\n SOL and LINK also witnessed profit booking in the last 24 hours after double-digit growth this week. ETH, DOGE, and BNB are moving sideways after paring some gains.<\/p>\n Also Read: Bitcoin (BTC) Price Today: Rally Halts At $42,000 But Open Interest At Two-Year High<\/a><\/strong><\/p>\n <\/p>\n \u2713 Share:<\/p>\n <\/a><\/p>\n <\/a>\n <\/div>\n<\/p><\/div>\n<\/p><\/div>\n <\/p>\n <\/p>\n<\/section>\n<\/div>\n <\/p>\n Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry. <\/p>\n<\/p><\/div>\n The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n <\/p><\/div>\nBinance Announces Zero-Fee Trading For FDUSD Pairs<\/h2>\n
Expect Massive Rally For These Crypto<\/h2>\n
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