Binance’s Expansion into JPY Trading Pairs
Binance, recognized as one of the leading cryptocurrency exchanges globally, has made a significant announcement regarding the addition of new trading pairs denominated in Japanese yen (JPY). Starting from March 12, 2024, at 08:00 (UTC), users will have the opportunity to trade popular cryptocurrencies such as BNB/JPY, BTC/JPY, and ETH/JPY directly on the Binance Spot platform.
This strategic move by Binance aims to cater to the evolving needs of its user base by providing them with a broader range of trading options, especially in one of the world’s major fiat currencies, the Japanese yen. With this expansion, Binance is poised to further strengthen its position as a preferred choice for cryptocurrency traders worldwide.
Zero-Fee Trading Promotion Launched for JPY Pairs
In celebration of the launch of JPY spot trading pairs, Binance has rolled out an exciting zero-fee trading promotion. Effective from March 12, 2024, at 08:00 (UTC) until April 11, at 07:59 (UTC), users are set to enjoy a unique opportunity with zero maker and taker fees on all JPY spot trading pairs.
This promotion not only encompasses the newly introduced pairs but also extends to any upcoming JPY spot trading pairs. By introducing this promotion, Binance aims to provide its users with a more cost-effective trading experience, thereby encouraging increased participation and engagement on its platform.
Terms and Conditions for Zero-Fee Trading Promotion
With the introduction of the zero-fee trading promotion, Binance has outlined specific terms and conditions that participants need to adhere to. Notably, the promotion excludes trading volume from VIP tier volume calculation and suspends various benefits such as BNB discounts, referral rebates, and other adjustments during the promotional period.
Moreover, today’s cryptocurrency market experienced a notable uptrend, with Bitcoin (BTC) edging closer to the $66,000 mark, signaling a positive shift. Concurrently, various altcoins also witnessed significant gains. Ethereum’s price made steady progress towards the $3,800 threshold, while BNB saw a commendable 3% surge, crossing the $427 mark.
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