![]() ![]() The TrueUSD has gained popularity, partly due to Binance’s support, despite having a smaller market cap and trading volume than USDT (Tether).Ī cryptocurrency company called ArchBlock (formerly TrustToken) is issuing TrueUSD, the fifth-largest stablecoin pegged to the US dollar.īinance, the biggest cryptocurrency exchange by trading volume, is currently facing growing regulatory challenges. Prime Trust temporarily halted the stablecoin’s issuance process on June 10.Īccording to Arkham Intelligence, Binance has minted approximately $1 billion worth of TUSD (TrueUSD) on the Tron network.Ĭurrently, TUSD is available on 12 different public chains, including Ethereum, TRON, BSC, Fantom, Avalanche, and Polygon. Due to regulatory challenges with BUSD, Binance decided to incorporate TUSD. The recent promotion on TUSD pairs isn’t surprising. Binance Boosts TUSD Trading with Promotions and Regulatory Milestones Other fees, like withdrawal fees, still apply. The promotion only applies to BUSD spot and margin trading pairs on the crypto exchange. Please note that taker fees will still apply to these BUSD spot and margin pairs.Īccording to the recent announcement, the promotion doesn’t apply to BUSD-margined futures contracts on the crypto exchange. This promotion covers all BUSD spot and margin trading pairs (except BTC/BUSD, BNB/BUSD, and ETH/BUSD). On Binance, traders can make fee-free trades involving BUSD during this extended period. The promotion eliminates maker fees for BUSD trades and will now last until December 31, 2023. Traders who place limit orders get a rebate from maker fees, while traders who execute those orders get charged taker fees.īinance has extended the zero-maker fee promotion for BUSD ( Binance USD). Maker and taker fees serve different purposes in trading. The standard taker fees will still apply to TUSD spot and margin trading pairs during this promotion. ![]() Fee-free USD stablecoin trading is now available on the platform. With this promotion, Binance users can trade USD stablecoin pairs cost-effectively. Zero Maker Fees for BUSD Trading: Binance’s Exciting Promotionīinance announced zero-maker fees for TrueUSD (TUSD), including spot and margin trading. Binance catalyzes stablecoin evolution by removing barriers and incentivizing TUSD trading. The move could redefine stablecoin trading and boost adoption and liquidity. Join Our Telegram channel to stay up to date on breaking news coverageīinance’s zero maker fees for TUSD trading pairs are essential in stablecoin evolution. ![]()
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