Binance Launches Zero Maker Fee for ARS, BRL, and ZAR

Binance Launches Zero Maker Fee for ARS, BRL, and ZAR


Binance Launches Zero Maker Fee Promotion for ARS, BRL, and ZAR Spot Trading Pairs

Binance has responded to your demand by introducing a new promotion that allows you to trade certain spot trading pairs involving the Argentine Peso (ARS), Brazilian Real (BRL), and South African Rand (ZAR) without paying any maker fees. This promotional offer will begin on September 8, 2023, at 00:00 (UTC).

Promotion Coverage

As part of this zero maker fee promotion, there are eight specific spot trading pairs available on the Binance platform for you to trade:

– BTC/ARS ( Bitcoin (BTC) to Argentine Peso)

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– USDT/ARS ( Tether (USDT) to Argentine Peso)

– BTC/BRL ( Bitcoin (BTC) to Brazilian Real)

– ETH/BRL ( Ethereum (ETH) to Brazilian Real)

– USDT/BRL ( Tether (USDT) to Brazilian Real)

– BTC/ZAR ( Bitcoin (BTC) to South African Rand)

– ETH/ZAR ( Ethereum (ETH) to South African Rand)

– USDT/ZAR ( Tether (USDT) to South African Rand)

Promotion Duration

The zero maker fee promotion for ARS, BRL, and ZAR spot trading pairs will be available from September 8, 2023, at 00:00 (UTC) until further notice.

Important Notes

Please note that ARS, BRL, and ZAR are fiat currencies and not digital assets or cryptocurrencies.

Following the promotional period ends, the standard trading fees will be reinstated. You can find detailed fee information in Binance’s spot trading fee structure.

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Keep in mind that Binance has the right to disqualify users from eligibility if any account is involved in dishonest practices such as wash trading, illegal bulk registration of accounts, self-dealing, or market manipulation.

For a comprehensive understanding of the terms of use for spot trading on Binance, we promote   you to review the Spot Trading Terms of Use.

Conclusion

Binance’s decision to introduce a zero maker fee promotion for ARS, BRL, and ZAR spot trading pairs demonstrates their dedication to meeting your evolving needs. This promotion is expected to attract traders interested in these currency pairs, contributing to the continued expansion of the exchange’s market.

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Implementing zero fees is a strategic approach to stimulating liquidity and increasing trading activity. According to Blockchain.News, Binance has likewise recently announced zero maker fees for FDUSD trading pairs, which will remain in effect “until further notice.”

Image source: Shutterstock

Hot Take

Binance’s zero maker fee promotion for ARS, BRL, and ZAR spot trading pairs is a valuable opportunity for cryptocurrency traders to participate in these currency pairs without incurring any fees. This move not only meets the demands of users but likewise intends to attract more traders and expand the exchange’s market presence. By offering zero maker fees, Binance encourages liquidity and trading activity, in the end benefiting both the exchange and its users.

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Author – Contributor at | Website

Blount Charleston stands out as a distinguished crypto analyst, researcher, and editor, renowned for his multifaceted contributions to the field of cryptocurrencies. With a meticulous approach to research and analysis, he brings clarity to intricate crypto concepts, making them accessible to a wide audience.

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