bullish

Bitcoin Pro

Analysis: The Impact of Binance's Zero-Fee Markets

185 Views01 Aug 2023 08:17
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SUMMARY
  • 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.
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