Coingape Staff
Binance, recognized as one of the leading cryptocurrency exchanges globally, has made a significant announcement regarding the addition of new trading pairs denominated in Japanese yen (JPY). Starting from the 12th of March 2024, at 08:00 (UTC), users will have the opportunity to trade popular cryptocurrencies such as BNB/JPY, BTC/JPY, and ETH/JPY directly on the Binance Spot platform.
This strategic move by Binance aims to cater to the evolving needs of its user base by providing them with a broader range of trading options, especially in one of the world’s major fiat currencies, the Japanese yen. With this expansion, Binance is poised to further strengthen its position as a preferred choice for cryptocurrency traders worldwide.
Zero-Fee Trading Promotion Launched for JPY Pairs
In celebration of the launch of JPY spot trading pairs, Binance has rolled out an exciting zero-fee trading promotion. Effective from the 12th of March 2024, at 08:00 (UTC) until the 11th of April, at 07:59 (UTC), users are set to enjoy a unique opportunity with zero maker and taker fees on all JPY spot trading pairs.
This promotion not only encompasses the newly introduced pairs but also extends to any upcoming JPY spot trading pairs. By introducing this promotion, Binance aims to provide its users with a more cost-effective trading experience, thereby encouraging increased participation and engagement on its platform.
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Terms and Conditions for Zero-Fee Trading Promotion
With the introduction of the zero-fee trading promotion, Binance has outlined specific terms and conditions that participants need to adhere to. Notably, the promotion excludes trading volume from VIP tier volume calculation and suspends various benefits such as BNB discounts, referral rebates, and other adjustments during the promotional period.
Moreover, Binance reserves the right to disqualify trades that are deemed to be wash trades or display attributes of self-dealing or market manipulation. This proactive measure underscores Binance’s commitment to maintaining fair and transparent trading practices, ensuring a level playing field for all participants throughout the duration of the promotion.
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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.
