{"id":8491,"date":"2022-06-22T13:58:16","date_gmt":"2022-06-22T13:58:16","guid":{"rendered":"http:\/\/ci02a45db3c0022504"},"modified":"2025-10-01T13:00:14","modified_gmt":"2025-10-01T18:00:14","slug":"binance-us-offers-zero-fee-trading-for-bitcoin-pairings","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/binance-us-offers-zero-fee-trading-for-bitcoin-pairings","title":{"rendered":"Binance.US Now Offers Zero-Fee Trading For Spot Bitcoin Pairs"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><ul>\n<li>Binance.US now offers zero-fee trading on four spot market pairings for BTC.<\/li>\n<li>Customers will still pay a 0.5% fee when using the \u201cBuy Crypto\u201d function.<\/li>\n<li>Binance cited rising fears of recession as its reason for lessening fees on its platform.<\/li>\n<\/ul>\n<p>Binance.US, the American arm of one of the world\u2019s largest cryptocurrency exchanges, is now offering zero-fee trading with spot bitcoin pairs, according to a press release sent to Bitcoin Magazine. <\/p>\n<p>Binance customers will be able to trade four spot market pairs: BTC\/USD, BTC\/USDT, BTC\/USDC, and BTC\/BUSD for <a href=\"https:\/\/www.binance.us\/en\/fee\/schedule?type=trading\" target=\"_blank\" rel=\"noopener\">0% fees<\/a>. Also, users are able to convert from one cryptocurrency to another without fees, as well as use the over-the-counter (OTC) portal without fees. However, users of the platform will still pay a 0.5% fee when using the Buy Crypto function. <\/p>\n<p>\u201cAs an established leader on low fee trading, we are excited to be the first US crypto exchange to eliminate spot trading fees on numerous bitcoin pair trades for all users,\u201d said Brian Shroder, CEO of Binance.US. <\/p>\n<p>\u201cWe see this as an opportunity to revolutionize the way fees are approached in our industry, increase accessibility to crypto, and help our market and customers in a time of need,\u201d Shroder continued. <\/p>\n<p>On Binance\u2019s <a href=\"https:\/\/support.binance.us\/hc\/en-us\/articles\/6942942498711\/\" target=\"_blank\" rel=\"noopener\">breakdown<\/a> of the fee structure, the company relayed the driving force behind its decision to eliminate many of its fees. \u201cAs recession fears mount and inflation costs increase, we believe in offering greater cost savings on Bitcoin and value to everyone in the crypto ecosystem.\u201d <\/p>\n<p>The adjustment to Binance\u2019s fee structure comes after a <a href=\"https:\/\/bitcoinmagazine.com\/business\/fundamental-labs-leads-200-million-seed-round-for-binance-us\">$200 million funding round<\/a> \u2013led by <a href=\"https:\/\/www.cth.group\/what_we_do\/fundamental_labs\/\" target=\"_blank\" rel=\"noopener\">Fundamental Labs<\/a> \u2013 which took place this past April. At that time, Shroder stated that \u201cThe fundraising enables us to accelerate our expansion, add new product offerings and begin to market for the first time.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Customers of Binance.US can now trade four spot bitcoin pairings with zero fees and a low 0.5% fee for using the \u201cBuy Crypto\u201d function.<\/p>\n","protected":false},"author":2785,"featured_media":8492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1490,76,93,468],"class_list":{"0":"post-8491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-binance-us","9":"tag-bitcoin","10":"tag-news","11":"tag-trading"},"author_data":{"id":2785,"name":"Shawn Amick","nicename":"shawn-amick","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/MjEwMTYzMzc3Njg5ODYzNjQ2-96x96.webp"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/binance-reveals-hack-information-as-security-becomes-a-public-concern.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/8491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2785"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=8491"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/8491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/8492"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=8491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=8491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=8491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}