iBNB

<ul><li>Kaiko&#39;s analysis shows that Binance&#39;s zero-fee trade volume hit 40%, the highest since March.</li><li>Following a major BTC promotion, Binance saw a shift from zero-fee to fee-inclusive trades, per Kaiko&#39;s recent data analysis.</li><li>Kaiko&#39;s findings reveal Binance&#39;s introduction of zero-fee FDUSD pairs in January 2024, aiming to boost market engagement.</li></ul>In recent developments, Kaiko, an analytics firm, has reported that Binance continues to lean on zero-fee trading significantly. Astonishingly, the exchange&#39;s zero-fee trade volume has escalated to 40%, marking its peak since the previous March. This data comes as a revelation, highlighting the enduring strategy of the world&#39;s leading <a href="https://cryptotale.org/?s&#61;cryptocurrency" rel="noopener noreferrer nofollow">cryptocurrency</a> exchange to draw users and increase trade volume by eliminating fees.Initially, per Kaiko’s data, from January 2023 to early May 2023, Binance showcased a considerable part of its trade volume under the zero-fee category. This period correlated with a grand BTC promotion, underlining a strategic move to boost platform engagement. However, following the promotion&#39;s conclusion, there was a marked shift. Traders began diversifying, moving towards a blend of fee-inclusive trades, signifying the end of an era dominated by feeless transactions.<a href="https://cryptotale.org/is-zero-fee-trading-driving-binances-market-dominance-insights/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Is Zero-Fee Trading Driving Binance's Market Dominance? Insights

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