Binance announces zero maker fees for TUSD pairs
Quick Take
- Binance is introducing zero maker fees for TUSD spot and margin trading pairs.
- It is also extending zero trading fees on USD stablecoin pairs to all existing and new pairs, and its BUSD zero maker fees for another six months.
Binance, the world’s leading centralized crypto exchange, has announced zero maker fees on all TUSD spot and margin trading pairs.
All users will be eligible from June 30 until further notice, the company said in an announcement, adding that standard taker fees will still apply. Notably, the BTC/TUSD, TUSD/BUSD and TUSD/USDT trading pairs will also have zero taker fees during the promotion period.
Binance’s zero trading fees for USD stablecoin pairs will also expand to include all existing and new USD stablecoin pairs on Binance's spot and margin markets from the same date.
BUSD zero maker fees
Additionally, Binance is extending its BUSD zero maker fees until December 31. This includes existing and new BUSD spot and margin trading pairs, except for BNB/BUSD, BTC/BUSD and ETH/BUSD.
The TUSD stablecoin has increased in popularity since Binance adopted it following regulatory issues for the exchange’s associated BUSD stablecoin. TrueUSD, the issuer of TUSD, paused minting the stablecoin through Prime Trust on June 10.
The announcement comes amid falling monthly exchange volume and regulatory pressure after Binance was sued earlier this month by the U.S. Securities and Exchange Commission over allegations it violated securities laws. Last week, Le Monde reported that Binance was also under investigation for alleged money laundering in France.
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