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.

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.