Trading ETH on Binance.US Fee Free Now

Ethereum Miners
Ethereum Miners
Ethereum Miners

Ethereum fans will likely be migrating to Binance rapidly.  This is a must at this point.   Especially if the main platform will be following suit to the United States version.  Binance.US announced late yesterday,  ETH trading is now fee free on their crypto-exchange.

No other top-tier platform has been able to defeat the gas fees issues to date, without a premium fee for such complimentary trades. The top CeX has not released a statement on what makes it possible for the.

Binance.US Confirms Free ETH Trading

Via the company’s official twitter, they made a quick tweet on the advancement.

Crowning themselves as the best crypto-trading platform available, the PSA was made as a celebration to the 2022 Christmas Holiday season.

“#BinanceUS is pleased to offer zero-fees when you buy #Ethereum or trade,”wrote the US crypto-exchange on twitter.

The fee-free buy and sell transactions include those made between ETH and USD, USDT, BUSD, or USDC.  And the drop of transaction fees began today, December 8th.

Lowest Trading Fees Of Any Crypto-Exchange

Brian Shroder, the CEO of Binance US, wrote that the move is part of the exchange’s continuing drive to offer the lowest fees of the industry.  And it’s also another step towards protecting cryptocurrency users’ interests over capitalism.

The transaction fee or ‘gas,’ is said to be money used to cover costs of the mining of cryptocurrency and exchanges to facilitate customer trades. Eliminating more of these gas fees would give Binance an even further lead ahead of Cryptocurrency exchanges.

If the fee is eliminated, exchanges will still earn money through cryptocoin spreads;  the bidding (selling) and  asking (buying) prices of a trading pair.The early holiday news is another great stride for the company who’s already shown their proof of reserves, having over half-a-million Bitcoin among their crypto-assets.

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