Cryptocurrency exchange Binance recently announced the launch of a BETH zero maker fee promotion. The promotion will run from now until December 7. The move is meant to attract more users to the cryptocurrency exclusively designed to be used on the Binance Exchange.
BETH (Binance Ether), is an Ethereum-based token similar to BNB (Binance coin) which was launched earlier this month. BETH was created to reduce transaction fees when trading Ethereum-based tokens. According to the company’s official blog post; “BETH is a unique asset that provides users with a low cost, efficient, and transparent way to trade Ethereum-based tokens on the Binance exchange.”
The promotion includes a 0% maker fee over the course of the promotion period. During this time, users won’t have to pay any extra fee for placing trades. Furthermore, the promotion also offers a 50% discount on some of the trading pairs when BETH is used as the base currency. This will encourage users to make use of the Ethereum-based token.
The move is meant to help the Binance exchange increase its user base and introduce users to the new asset. The company had announced the launch of BETH earlier this month and the 0% maker fee promotion is the perfect way to kick off its official launch. The promotion should also help the cryptocurrency gain traction and attract more traders to the platform.
Binance has continuously worked to increase its user base and expand its services. This promotion should help the company reach its goal of increasing its user base. By reducing transaction fees, introducing incentives and introducing new trading pairs, the exchange should be well on its way to achieving its goal.
In conclusion, Binance launched the BETH zero maker fee promotion on the 2020th of December. The promotion will last until the 7th of December and offers users the chance to trade Ethereum-based tokens with zero fees. This move is a part of the company’s strategy to increase user engagement and provide traders with an efficient and cost-effective way to trade the virtual currency. The promotion is also an excellent opportunity for the users to familiarize themselves with the new cryptocurrency. As BETH is gaining traction, it is expected to become a major trading asset on the Binance Exchange.
Nicole Gomez
- 2023-04-10
Binance Launches BETH Zero Maker Fee Promotion
Binance Exchange has announced a BETH zero maker fee promotion. The promotion will run from now until December 7th and will give users the chance to trade Ethereum-based tokens with zero extra transaction fees.
