{"id":19120,"date":"2023-03-15T09:22:50","date_gmt":"2023-03-15T09:22:50","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/15\/binance-ends-zero-free-bitcoin-trading-after-btc-rally-past-26k\/"},"modified":"2023-03-15T09:22:50","modified_gmt":"2023-03-15T09:22:50","slug":"binance-ends-zero-free-bitcoin-trading-after-btc-rally-past-26k","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/15\/binance-ends-zero-free-bitcoin-trading-after-btc-rally-past-26k\/","title":{"rendered":"Binance Ends Zero-Free Bitcoin Trading After BTC Rally Past $26K"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe>\n<\/p>\n<p>Crypto trade <a href=\"https:\/\/coingape.com\/blog\/binance-exchange-review\/\" target=\"_blank\" rel=\"noopener\">Binance<\/a> on Wednesday introduced ending zero-free Bitcoin buying and selling on the platform. Amid the <a href=\"https:\/\/coingape.com\/web-stories\/bnb-pumps-as-binance-ceo-announces-to-convert-1b-busd\/\" target=\"_blank\" rel=\"noopener\">crackdown against Binance USD<\/a> (BUSD) stablecoin, the crypto trade is shifting its zero-fee Bitcoin buying and selling facility to TUSD solely.<\/p>\n<p>According to an <a rel=\"nofollow noopener\" href=\"https:\/\/www.binance.com\/en\/support\/announcement\/updates-on-zero-fee-bitcoin-trading-busd-zero-maker-fee-promotion-be13a645cca643d28eab5b9b34f2dc36\" target=\"_blank\">official announcement<\/a> on March 15, Binance makes main adjustments to its zero-free Bitcoin buying and selling program and BUSD zero-maker free promotion. The BTC\/TUSD would be the solely zero-fee spot buying and selling pair ranging from March 22 at 00:00 UTC. However, zero maker charges will nonetheless apply to BNB\/TUSD and ETH\/TUSD buying and selling pairs.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Binance CEO Changpeng \u201cCZ\u201d Zhao <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1635895856166567937\" target=\"_blank\">said<\/a>:<\/p>\n<blockquote>\n<p>\u201cGiven recent events, we are moving 0 fee BTC trading from BUSD to TUSD. Let\u2019s spread the liquidity to more pairs. <span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">We add pairs and provide liquidity. <\/span><span class=\"r-18u37iz\">Binance <\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">aims to be an open platform.\u201d<\/span><\/p>\n<\/blockquote>\n<p>He additionally clarifies that the trade shouldn&#8217;t be including one other stablecoin, however stopping the BUSD program amid ending help for it. <span class=\"css-6hm6tl\">The\u00a0<\/span><span class=\"css-1f5vusx\">BUSD zero maker charge promotion<\/span><span class=\"css-6hm6tl\">\u00a0will now\u00a0exclude the BNB\/BUSD, BTC\/BUSD, and ETH\/BUSD spot and margin buying and selling pairs, whereas different BUSD spot and margin buying and selling pairs remaining the identical.<\/span><\/p>\n<p>After the announcement, TrueFi (TRU) token jumped practically 20% as individuals believed the token remains to be associated to TUSD. Binance CEO asserts that TRU shouldn&#8217;t be associated to TUSD.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The sound of of a whole bunch of narrative tradooors crying out in terror after which instantly silenced. <a href=\"https:\/\/t.co\/LAd3jfauBp\">https:\/\/t.co\/LAd3jfauBp<\/a><\/p>\n<p>\u2014 Hsaka (@HsakaTrades) <a href=\"https:\/\/twitter.com\/HsakaTrades\/status\/1635899931176103937?ref_src=twsrc%5Etfw\">March 15, 2023<\/a><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Crypto Twitter reacts to the transfer by Binance because it expresses help for TUSD stablecoin after BUSD. On March 11, <a href=\"https:\/\/coingape.com\/binance-switches-to-multiple-stablecoins-discontinues-auto-conversion-policy\/\" target=\"_blank\" rel=\"noopener\">Binance switched to multiple stablecoins<\/a> and discontinued its Binance USD (BUSD) Auto-Conversion coverage that was launched final September.<\/p>\n<p>After the Circle\u2019s USDC depeg as a result of collapse of three crypto-friendly banks, Binance added new spot buying and selling pairs BNB\/TUSD, BTC\/TUSD, ETH\/TUSD, TUSD\/USDT, USDC\/USDT, and USDP\/USDT. It signifies Binance\u2019s transfer in the direction of TUSD, a relatively small stablecoin with simply $2 billion market cap.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/coinbase-partners-bank-introduce-free-transfers\" target=\"_blank\" rel=\"noopener\">Coinbase Partners Top Bank To Introduce Free Transfers Amid Banking Woes<\/a><\/strong><\/p>\n<p>Bitcoin value at the moment trades under $25K after a <a href=\"https:\/\/coingape.com\/crypto-news-bitcoin-breaks-25k-as-us-cpi-inflation-cools-to-6\/\" target=\"_blank\" rel=\"noopener\">move above $26K on Tuesday<\/a> as merchants estimate a decrease charge hike by the U.S. Federal Reserve with the CPI inflation cooling to six%.<\/p>\n<p><a href=\"https:\/\/coingape.com\/price\/bitcoin\" target=\"_blank\" rel=\"noopener\">BTC price<\/a> is buying and selling at $24,893, up 2% within the final 24 hours and 13% in every week. The buying and selling quantity continues to be flat in the previous few hours.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA142259\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at the moment masking all the most recent updates and developments within the crypto trade.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" loading=\"lazy\" decoding=\"async\"\/>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD142259\">\n<p>  The introduced content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/binance-ends-zero-free-bitcoin-trading-after-btc-price-26k\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Crypto trade Binance on Wednesday introduced ending zero-free Bitcoin buying and selling on the platform. Amid the crackdown against Binance USD (BUSD) stablecoin, the crypto trade is shifting its zero-fee Bitcoin buying and selling facility to TUSD solely. According to an official announcement on March 15, Binance makes main adjustments to its zero-free Bitcoin 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