Binance.US Removes Fees for Bitcoin Transactions

by in Cryptocurrency News

Binance

It will be possible to buy and sell bitcoin on the American Binance.US platform without commissions. The administration cancels fees from BTC transactions carried out in tandem with the three leading stablecoins.

As Binance.US CEO Brian Schroder noted, the new transaction processing procedure began to take effect immediately after the publication of the corresponding statement. By softening the terms of service, the company expects to significantly strengthen its position in the US market and expand the opportunities for investors.

For the first time, an American cryptocurrency platform refuses to charge fees for buying and selling bitcoin. According to the top manager, operations with BTC paired with the stablecoin Tether are the most popular among American traders.

Trending: MetaMask announces integration with Apple Pay

Similarly, the Bitcoin payment app Strike arrived last year. It reduced the fees for buying BTC to 0.3%.

The CEO of the developer of this service, Jack Mullers, stressed that in the future, many trading platforms are going to refuse commissions, and Strike will be the first in this row.