Binance’s listing of JPY trading pairs and a zero-fee promotion are changing the crypto landscape by introducing low-cost trading choices.
Binance, an internationally renowned cryptocurrency exchange, recently announced significant additions with the introduction of new trading pairs pegged to the Japanese yen (JPY).
At 08:00 (UTC) on March 12, 2024, users will be granted the opportunity to conduct direct trade on the Binance Spot platform involving well-known cryptocurrencies including BNB/JPY, BTC/JPY, and ETH/JPY.
Meanwhile, with the provision of a more extensive array of trading options, particularly in the Japanese yen, one of the world’s most prominent fiat currencies, Binance seeks to accommodate the changing demands of its user base.
Binance is well-positioned to enhance its standing as a favored option among cryptocurrency traders on a global scale through this expansion.
Launch of a Zero-Fee Trading Promotion for JPY Pairs
To commemorate the introduction of JPY spot trading pairs, Binance has implemented a remarkable promotion offering zero-fee trading.
In addition, users will have an exclusive opportunity to enjoy zero maker and taker fees on all JPY spot trading pairs beginning on the 12th of March 2024 at 08:00 (UTC) and concluding on the 11th of April 2024 at 07:59 (UTC).
However, this promotion applies to all incoming JPY spot trading pairs, in addition to the recently introduced pairs.
Binance intends to increase user engagement and participation on its platform by implementing this promotion to provide a more economical trading experience.
Conditions Governing the Zero-Fee Trading Promotion
Participants are required to comply with the terms and conditions specified by Binance in conjunction with the zero-fee trading promotion.
Notably, the promotion alters several perks, including referral rebates, BNB discounts, and other modifications, and excludes trading volume from the calculation of VIP tier volume.
Furthermore, Binance retains the right to disqualify trades that are considered wash trades or exhibit characteristics indicative of self-dealing or market manipulation.
By taking this proactive action, Binance demonstrates its dedication to upholding equitable and transparent trading principles, thereby guaranteeing a neutral environment for all participants during the promotion period.