Binance Announces Zero-Fee EUR/USDC Trading Promotion for European Users

This initiative aims to facilitate cryptocurrency trading for European users, offering them the possibility to exchange euros for USD Coin without additional costs.

Binance has announced a promotion with zero fees for all EUR/USDC spot trading pairs during the promotional period to celebrate the introduction of USDC as one of the main stablecoins compliant with the MiCA regulation in the EEA.

The promotion will take place from 00:00 (UTC) on July 3, 2024, to 00:00 (UTC) on August 2, 2024. Binance has also disclosed the terms and conditions of the promotion on the official site.

Let’s look at some crucial points. First of all, it is specified that the EUR is a fiat currency and does not represent other digital currencies. Secondly, of course, zero commissions.

That is to say that, during the promotional period, all users will benefit from zero maker and taker fees for the EUR/USDC spot trading pair. Further details on the spot trading pairs in promotion are available on the dedicated Binance page.

Again, the trading volume on the EUR/USDC pair will be excluded from the calculations of the VIP level volume and from the liquidity providers’ programs during the promotion. Additionally, there will be exclusions on discounts and refunds.

BNB discounts, referral rebates, and other adjustments will not be applicable to the EUR/USDC pair during the promotional period. At the end of the promotion, standard trading fees will be applied. Users can refer to the Fee Structure for VIP levels for more details.

Binance also reserves the right to cancel the eligibility of a user to participate in the promotion in case of improper behavior, including wash trading, illegal mass account registrations, auto-trading, or market manipulation.

All trading volumes and metrics related to promotions will be measured by Binance at its sole discretion. Not only that, the calculation of refunds for maker and taker fees for all EUR/USDC spot trading pairs will resume after the end of the promotional period.

Attention as Binance reserves the right to cancel or modify the promotion or its terms and conditions at its sole discretion, for any reason and without notice. Finally, the crypto exchange reserves the right to disqualify participants who tamper with the program code or interfere with its operation using other software.

In any case, this promotion represents a unique opportunity for Binance users to benefit from commission-free trading for the EUR/USDC pair, further incentivizing the adoption of USDC as a regulated stablecoin in the EEA.

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