Binance Introduces BNB/JPY, BTC/JPY, and ETH/JPY Trading Pairs with Zero-Fee Promotion - Blockchain.News

Binance Introduces BNB/JPY, BTC/JPY, and ETH/JPY Trading Pairs with Zero-Fee Promotion

Jessie A Ellis Mar 07, 2024 07:45

Binance introduces BNB/JPY, BTC/JPY, and ETH/JPY trading pairs and launches a zero-fee promotion for all JPY spot trading pairs from March 12 to April 11, 2024, to enhance user experience and expand its offerings.

Binance Introduces BNB/JPY, BTC/JPY, and ETH/JPY Trading Pairs with Zero-Fee Promotion

Binance, the world's leading cryptocurrency exchange, has announced the addition of three new trading pairs - BNB/JPY, BTC/JPY, and ETH/JPY - to its spot trading platform. The new trading pairs will be available for trading starting from March 12, 2024, at 08:00 UTC.

To celebrate the launch of these JPY spot trading pairs, Binance is introducing a zero-fee trading promotion for all JPY spot trading pairs. During the promotion period, which runs from March 12, 2024, 08:00 UTC to April 11, 2024, 07:59 UTC, all users will enjoy zero maker and taker fees on any JPY spot trading pairs.

The zero-fee promotion applies to all existing and upcoming JPY spot trading pairs. However, it's important to note that the trading volume on these pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs during the promotion period. Additionally, BNB discounts, referral rebates, and any other adjustments will not apply to JPY spot trading pairs during the promotion.

The introduction of these new trading pairs and the zero-fee promotion is part of Binance's ongoing efforts to expand its offerings and enhance the trading experience for its users. By providing more trading options and incentives, Binance aims to attract more users to its platform and strengthen its position as a leading cryptocurrency exchange.

JPY, the official currency of Japan, is a significant addition to Binance's supported fiat currencies. The inclusion of JPY trading pairs will make it easier for Japanese users to access and trade popular cryptocurrencies like BNB, BTC, and ETH using their local currency.

Binance has reminded users that JPY is a fiat currency and does not represent any other digital currencies. The exchange also reserves the right to disqualify trades that are deemed to be wash trades, illegally bulk account registrations, or trades that display attributes of self-dealing or market manipulation.

As the crypto market continues to evolve and mature, the addition of more fiat currency trading pairs is expected to increase adoption and make it more convenient for users to participate in the cryptocurrency ecosystem. Binance's move to introduce JPY trading pairs and offer a zero-fee promotion is likely to attract more Japanese users and contribute to the overall growth of the crypto market in the region.

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