After greater than a 12 months and a half of supporting P2P trading (as of October 2019), Binance has lastly began charging this transaction price.
Binance P2P will apply a brand new price schedule efficient from 9:00 am on July 1, 2021, Vietnam time. With the brand new price schedule, Binance P2P may have the next charges:
- Maintain zero commissions for consumers who purchase or promote cryptocurrency by ordering from current advertisements on the P2P platform.
- Charges producer trading charges, charges differ from 0% to 0.35%, relying on the fiat market and trading pairs.
A superb signal for the Vietnamese market alone, the fee provided by Binance is moderately “preferential” at 0.15%, a comparatively low quantity in comparison with different areas.
At the identical time, Binance can be launching a P2P vendor promotion the place all Binance P2P sellers will obtain a 20% low cost on trading charges till additional discover.
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