Latest News: Binance Introduces Fee-Free Trading for XRP, ETH, SOL, DOGE, LINK, and BNB

Binance Announces Zero-Fee Trading For FDUSD Pairs

The world’s largest crypto exchange, Binance, has officially announced the launch of zero-fee trading for six FDUSD spot and margin pairs. This move comes amid the ongoing crypto market rally.

The crypto exchange is set to introduce zero-fee trading for the following cryptocurrencies: Ethereum (ETH), XRP, BNB, Solana (SOL), Dogecoin (DOGE), and Chainlink (LINK).

Key Details of the Announcement

  • Effective Date: December 8, 00:00 UTC
  • Exclusions: Trading volume on these pairs excluded from VIP tier volume calculation and Liquidity Provider programs during the promotion period
  • Exclusions (cont.): Pairs excluded from BNB fee discounts, fee rebates, or any fee adjustments or fee promotions

One-Hour Interest Fee Waiver

Binance has also introduced a one-hour interest fee waiver for BTC, DOGE, ETH, GALA, GMT, LINK, MATIC, ORDI, SEI, SOL, TIA, and XRP pairs. Users borrowing these on Binance margin will automatically receive the one-hour interest fee waiver. This offer is valid until December 18, 09:00 UTC.

Expect Massive Rally For These Crypto

Binance’s zero-fee trading for FDUSD pairs, introduced after adding the stablecoin, is expected to trigger a rally in ETH, BNB, XRP, DOGE, SOL, and LINK. These cryptocurrencies are already approaching key resistance levels.

XRP Price Update

XRP is currently trading at $0.62, reflecting a 1% decrease in the past 24 hours due to profit booking. The 24-hour low and high stand at $0.608 and $0.641, respectively. Additionally, the trading volume has surged by 60% in the last 24 hours, indicating a rising interest among traders.

SOL and LINK have also experienced profit booking in the last 24 hours following double-digit growth earlier in the week. Meanwhile, ETH, DOGE, and BNB are moving sideways after paring some gains.

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