Binance, a leading cryptocurrency exchange, announced the extension of its commission-free trading promotion for the Japanese Yen (JPY) spot trading pair. With this update, all users will be able to enjoy zero maker and taker fees on JPY spot trading pairs until further notice.
Binance responded to popular demand by expanding its commission-free trading promotion for JPY spot trading pairs. This means that users can trade JPY spot pairs on the Binance platform without any maker or taker fees.
The promotion applies to both existing and new JPY spot trading pairs. Users can refer to the Binance support page for more information about the promoted spot and margin trading pairs.
It is important to remember that JPY is fiat currency and does not represent any other digital currency. Only Binance Japan users can deposit or withdraw JPY. Binance.com users cannot deposit or withdraw JPY from their Binance account.
During the promotion period, trading volumes of all existing and new JPY spot trading pairs will be excluded from VIP tier volume calculations and all liquidity provider programs (if applicable).
BNB discounts, referral rebates and other adjustments do not apply to JPY spot trading pairs during the promotion period. Once the promotion ends, standard transaction fees will apply.
Binance previously added JPY trading pairs such as BNB/JPY, BTC/JPY, and ETH/JPY and launched commission-free trading for JPY spot trading pairs to meet the growing demand from Japanese users.
Users can find detailed information about the promotion terms and conditions on the Binance support page. Binance reserves the right to disqualify transactions that are deemed to be wash trades or exhibit attributes of self-dealing or market manipulation.
As with all investments, users should be aware that digital asset prices are subject to high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance before making an investment decision.
In conclusion, Binance’s expansion of commission-free trading for JPY spot trading pairs demonstrates Binance’s commitment to providing users with a seamless trading experience. This promotion allows users to trade JPY spot pairs commission-free, making it more accessible and cost-effective for traders.
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