Binance introduces BNB/JPY, BTC/JPY, and ETH/JPY trading pairs and will offer commission-free for all JPY spot trading pairs from March 12 to April 11, 2024 to improve user experience and expand services. Promotion begins.
Binance, the world’s leading cryptocurrency exchange, announced the addition of three new trading pairs to its spot trading platform: BNB/JPY, BTC/JPY, and ETH/JPY. The new trading pair will be available for trading from 08:00 UTC on March 12, 2024.
To celebrate the launch of these JPY spot trading pairs, Binance is introducing a commission-free trading promotion for all JPY spot trading pairs. During the promotion period, which runs from 08:00 UTC on March 12, 2024 to 07:59 UTC on April 11, 2024, all users will receive zero maker and taker fees on JPY spot trading pairs.
The commission-free promotion applies to both existing and future JPY spot trading pairs. However, it is important to note that the trading volume of these pairs is excluded from VIP tier volume calculations and all liquidity provider programs during the promotion period. Additionally, BNB discounts, referral rebates and other adjustments will not apply to JPY spot trading pairs during the promotion period.
The introduction of these new trading pairs and commission-free promotions are part of Binance’s ongoing efforts to expand its products and improve the trading experience for users. Binance aims to attract more users to its platform and strengthen its position as a leading cryptocurrency exchange by offering more trading options and incentives.
JPY, the official currency of Japan, is an important addition to the fiat currencies supported by Binance. The inclusion of the JPY trading pair will make it easier for Japanese users to access and trade popular cryptocurrencies such as BNB, BTC, and ETH using their local currency.
Binance reminded users that JPY is fiat currency and does not represent any other digital currency. The exchange also reserves the right to disqualify any transaction that it deems to exhibit characteristics of wash trading, illegal bulk account registration, self-dealing, or market manipulation.
As the cryptocurrency market continues to develop and mature, the addition of more fiat 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 the JPY trading pair and offer commission-free promotions is likely to attract more Japanese users and contribute to the overall growth of the cryptocurrency market in the region.
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