Binance Launches Fee-Free Trading for BTC, ETH, and BNB Paired with JPY

Binance, a top player in the cryptocurrency exchange arena, has announced the inclusion of new trading pairs with Japanese yen (JPY) as the base currency. Commencing on March 12th, 2024, at 08:00 UTC, traders can start dealing with notable digital currencies such as BNB/JPY, BTC/JPY, and ETH/JPY directly through Binance’s Spot platform.

Through this initiative, Binance aims to meet the diversifying preferences of its clientele by enabling a wider array of trading opportunities, particularly with the Japanese yen, a major global currency. This new offering is expected to consolidate Binance’s status as a go-to exchange for crypto traders around the world.

JPY Trading Pairs Welcome Zero-Fee Trading Event

To mark the introduction of the Japanese yen trading pairs, Binance is presenting a thrilling zero-fee trading event. Starting at the same time as the new pairs launch, 08:00 UTC on March 12th, 2024, and concluding on April 11th at 07:59 UTC, traders will enjoy zero fees for maker and taker transactions across all JPY spot pairs.

This zero-fee event covers not only the new trading pairs but will also be applied to future JPY spot pairs added within the promotion period. By offering this incentive, Binance enhances cost savings for traders, aiming to boost activity and user interaction on the exchange.

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Guidelines and Stipulations for Zero-Fee Trading Event

The launch of the zero-fee trading event comes with specific guidelines and stipulations set by Binance. Notably, the event excludes the trading volume from calculations for VIP tier status and puts on hold various privileges such as discounts for using BNB for transaction fees, referral bonuses, and other benefits typically available outside of the promotional window.

Binance also emphasizes fair trading by stating it will disqualify any trades suspected to be wash trades or indicative of self-dealing or market manipulation. This clear stance reaffirms Binance’s dedication to upholding equitable and transparent trading conditions, providing an impartial environment for all traders for the entirety of the event.

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