In today’s briefing:
- Analysis: The Impact of Binance’s Zero-Fee Markets
Analysis: The Impact of Binance’s Zero-Fee Markets
- About a year ago, right as crypto trade volumes started to slump in the aftermath of the Celsius and Terra collapses, Binance vastly expanded its zero-fee trading promotions to 13 BTC pairs.
- This practice, though not new, had never been implemented on such a large scale.
- However, just nine months later the exchange decided to reverse this strategy and adopt a more selective approach.