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Binance Ends Zero-Fee BTC Trading for Most Pairs, Keeps Offer for TUSD

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On 2023-03-22 00:00 (UTC), Binance discontinued its zero-fee buying and selling of bitcoin (BTC) for various asset pairs, retaining the offer only for the TrueUSD (TUSD) stablecoin.

In a previous announcement, Binance has confirmed that users will still be able to trade BTC on the BTC/TUSD spot trading pair with zero maker and taker fees.

Binance introduced zero-fee trading for BTC spot trading pairs in July 2022, to celebrate its 5th aniversary.

Screenshot: https://www.binance.com/en/support/announcement/updates-on-zero-fee-bitcoin-trading-busd-zero-maker-fee-promotion-be13a645cca643d28eab5b9b34f2dc36

According to Kaiko data, trading pairs with zero fees have accounted for roughly 60% of the total trading volume on the platform, highlighting the significance of TUSD as Binance's preferred stablecoin.

"This is a pretty big deal. Zero fees helped them gain a massive +20% market share since July."  Clara Medalie, the Director of Research at Kaiko, wrote in a tweet.

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