Binance has officially announced it is introducing zero-fee trading for the ETH/BUSD spot trading pair. The exchange service will be launching the promotion from Friday, Aug. 26 until Monday, Sep. 26.
During this period all users will be able to trade ETH/BUSD with no maker or taker fees. Binance noted the following information for users to keep in mind during the zero-fee trading period:
- All users will enjoy zero maker and taker fees for the ETH/BUSD spot trading pair.
- The ETH/BUSD spot trading pair will be excluded from BNB fee discounts, fee rebates, or any other form of fee adjustments or fee promotions.
- VIP users: Trading volume on the ETH/BUSD spot trading pair will be excluded from the 30-day volume calculation toward the Trading Fee Level. For more information regarding our dedicated Institutional and VIP services, please access Binance’s Enhanced Institutional Services. Reach out to your Key Account Manager for further queries.
- Spot Liquidity Providers: Maker volume on the ETH/BUSD spot trading pair will be excluded from the maker volume calculation toward Spot Liquidity Provider Program.
This period also includes the tentative start date for the upcoming Ethereum Merge. The merge has a tentative release date of mid-September. This can mean plenty of trades between ETH and BUSD during the last two weeks of the zero-trading period.
For more about the merge, check out our guide here.