• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Invest
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
Coinlive
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
Coinlive
No Result
View All Result
Home Crypto News

Binance discontinues free of charge trading of BTC, excluding pairs with stablecoin TUSD

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Top Trader Says Bitcoin (BTC) Quickly Accumulates 2020 Style Before Breaking to New All-Time High

Top Trader Says Bitcoin (BTC) Quickly Accumulates 2020 Style Before Breaking to New All-Time High

March 26, 2023
Top Crypto Analyst Benjamin Cowen Charts The Way Ahead For Bitcoin (BTC) – Here’s His Goal

Top Crypto Analyst Benjamin Cowen Charts The Way Ahead For Bitcoin (BTC) – Here’s His Goal

March 25, 2023

Binance stops providing BTC trading charges, but even now applies to BTC/TUSD pairs. This move sent the selling price of TRU up virtually twenty% in 1 hour.

Binance discontinues free of charge trading of BTC, excluding pairs with stablecoin TUSD

As Coinlive Reported in July 2022, Binance begun free of charge trading of BTC with 13 spot pairs to celebrate its 5th birthday. This system rapidly pushed the trading volume of Bitcoin on the “mainstream” exchange, but also created a great deal of criticism towards Binance.

However, the floor has maintained this dong charge because then. But on March 15, 2023, Binance abruptly announced that it was stopping free of charge trading of BTC but excluding pairs with stablecoin TrueUSD (TUSD).

⏰ #Bitcoins trading is even now zero commission #Binance.

However, we are creating a couple of alterations: BTC/TUSD will be the only commission-free of charge spot trading pair as of March 22nd 00:00 UTC.

— Binance (@binance) March 15, 2023

Especially 2nd Notificationat this time only the BTC/TUSD pair is accessible, the remaining pairs all get started charging normal transaction charges from seven:00 on 03/22/2023Vietnam hourly.

This move even further exhibits that Binance is “pivoting” to the TUSD stablecoin following it severed its partnership with BUSD due to Paxos’ legal difficulties with US authorities.

Before that, Binance also issued a big sum of TUSD stablecoins in a quick time, and listed TUSD in quite a few trading pairs on the exchange.

The selling price of the TrueFi lending protocol TRU token has also elevated substantially, whilst in actuality this undertaking is not as well “tied” to TUSD, but only “one-time” items of the TrueFi protocol.

As can be viewed in the chart beneath, TRU selling price “made a column” inside just one hour of the trade announcement. TRU is at this time trading close to $.14, up 18% in the previous 24 hrs.

1H chart of the TRU/USDT pair on the Binnace exchange at 14:00 on 03/15/2023

Synthetic currency68

Maybe you are interested:

Maybe you are interested:

Tags: BinanceBTCdiscontinuesexcludingfreepairsstablecointradingTUSD
Share76Tweet47

Related Posts

The Hong Kong Web3 Festival Conference will take place from April 12 to 15

The Hong Kong Webthree Festival Conference will consider location from April twelve to 15

by Shiba Inu
March 24, 2023
0

The Hong Kong Webthree Festival is an occasion to search forward to in the close to potential due to the...

zkSync launches first zkEVM on Ethereum Mainnet

zkSync launches 1st zkEVM on Ethereum Mainnet

by Shiba Inu
March 24, 2023
0

Layer-two Solution zkSync unexpectedly announced the launch of zkSync Era, the 1st zkEVM platform open to all Ethereum consumers. zkSync...

Binance suspends spot trading: Bitcoin returns to $27,300

Binance suspends spot trading: Bitcoin returns to $27,300

by Shiba Inu
March 24, 2023
0

The world's greatest cryptocurrency exchange Binance out of the blue stopped spot trading, Bitcoin selling price is reacting somewhat immediately...

Tether Partners with Fifth Largest Auditing Firm in the World to Prepare an Escrow Report of USDT

Tether expects a revenue of $700 million in the initial quarter of 2023

by Shiba Inu
March 24, 2023
0

Tether, the biggest issuer of stablecoins in the USDT marketplace, is anticipated to make a revenue of $700 million in...

MMetaversusworld partners with GameFi.org to promote Closed Alpha V1.1

MMetaversusworld partners with GameFi.org to market Closed Alpha V1.one

by Shiba Inu
March 24, 2023
0

Metaversusworld collaborates with GameFi.org to market the Closed Alpha V1.one model MetaversusWorld, the primary metaverse platform created by Gen4 Lab...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Mining Network News NFT platform Price project Review SEC Token trading updates users wallet

Recent Posts

  • Top Trader Says Bitcoin (BTC) Quickly Accumulates 2020 Style Before Breaking to New All-Time High
  • Arbitrum (ARB) Discord Compromised: How to Avoid Scams
  • Cryptocurrency Price Predictions 2023: These are well-liked YouTube predictions by Ben Armstrong
  • Top Crypto Analyst Benjamin Cowen Charts The Way Ahead For Bitcoin (BTC) – Here’s His Goal
  • Launching Nasdaq Crypto Custody: A New Era of Trust and Security for Digital Assets
  • The Hong Kong Webthree Festival Conference will consider location from April twelve to 15
  • zkSync launches 1st zkEVM on Ethereum Mainnet
  • Binance suspends spot trading: Bitcoin returns to $27,300
  • Bitcoin To Make Explosive Impact On Africa’s Banking System
  • XRP Buyback Leader’s Bank Offer Sparks Scam Alert
  • Arbitrum (ARB) Price Hits Rock Bottom: Should You Buy Now?
  • Cardano Whales Make Waves With 204 Billion ADA Transaction
  • Venezuela Arrests 21 People In Crypto-oil Scandal
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7