Binance’s zero-fee Bitcoin update could echo March market downturn By Cointelegraph

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© Reuters

On Aug. 24, Cryptocurrency exchange Binance announced its intention to modify its zero-fee (BTC) trading program starting Sept. 7. The action has the potential to initiate a significant market downturn, reminiscent of the 90% trading volume decline observed following Binance’s discontinuation of zero-fee trading in March.

In an official statement, Binance said it intends to modify zero-fee Bitcoin trading for the BTC/TUSD spot and margin trading pair.