Binance US has eliminated trading fees for Ethereum, extending the “zero fee price model” that was previously applied to Bitcoin transactions.
Now, users can trade four Ether spot market pairs—ETH/USD, ETH/USDT, ETH/USDC, and ETH/BUSD—without incurring a fee. The move comes months after the crypto exchange first removed all trading fees for Bitcoin.
As of now, Binance US has eliminated gas fees on all Ethereum transactions made through its “Buy & Sell” feature on the website.
This follows Robinhood’s example, which initiated no-commission crypto trading in 2018, and Binance US’s own move in June to remove all Bitcoin (BTC) spot market trading fees for BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD.
Although bearing the same name and logo, Binance US operates as a separate entity from the global Binance crypto exchange, specifically serving American crypto traders.
Brian Shroder, President and CEO of Binance US, emphasized that by getting rid of fees on both Bitcoin and Ethereum, the company solidifies its place “as the leader in crypto with the lowest fees.”
He further remarked that “it is now more important than ever for platforms to prioritize users’ needs.”
