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<p>Binance and BNB Chain have teamed up for an exclusive promotional event called the “Gas-Free Carnival.” The carnival will run until October 19, 2024, at 23:59 UTC, and it promises to make transactions free and more affordable for users.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> will support <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BNB</a> Chain to bring you the Gas-Free Carnival.<br><br>Experience zero withdrawal fees on USDT, USDC, and FDUSD across BNB Smart Chain and opBNB Chain.<br><br>Read more here <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/rHHQpkNYEJ" rel="noopener noreferrer nofollow">https://t.co/rHHQpkNYEJ</a></p>— Binance (@binance) <a href="https://twitter.com/binance/status/1838831891031425458?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 25, 2024</a>
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<p>According to Binance’s Blog post, the Gas-Free Carnival is all about the use of stablecoin on BNB chain. From now till the event ends. Users can withdraw USDT, USDC, and FDUSD without paying any fees (originally $0.1 and $0.2). However, users must have a minimum or $20 to withdraw.</p>
<p>This offer applies to transactions on both the BNB Smart Chain (BSC) and the opBNB Chain. With these costs removed, Binance hopes to get more people to use BNB Chain.</p>
<h2 class="wp-block-heading" id="h-how-users-can-benefit"><strong>How Users Can Benefit?</strong></h2>
<p>To make the most of their assets, users who own stablecoin on centralized exchanges such as Bitget, Gate.io, and MEXC can benefit from this offer, provided the minimum withdrawal amount is $10 to $20.</p>
<p>In addition, users who make sure of wallets such as Bitget Wallet and SafePal will receive assistance on gas fees. Additionally, BNB Chain and Celer cBridge, a decentralized and non-custodial asset bridge, have teamed to enable users to transfer stablecoin to BNB Chain from other blockchains without paying gas fees.</p>
<p>Users will receive a complete reimbursement in FDUSD for their gas expenses, making it easier for them to engage in high-yield products and decentralized finance (DeFi) activities. Furthermore, users can also take part in other opportunities, such as providing liquidity and staking.</p>
<p>Users can also explore other activities across popular protocols like Aave, PancakeSwap, and Venus to maximize their rewards.</p>
<h2 class="wp-block-heading" id="h-bnb-price-performance-and-market-sentiment"><strong>BNB Price Performance and Market Sentiment</strong></h2>
<p>Currently, BNB is trading at $596 after experiencing a slight dip of 1.4%, following a peak of $612. The overall trading volume has also seen a drop of around 12%, but many believe the Gas-Free Carnival could help revive <a href="https://www.thecoinrepublic.com/price-prediction/bnb/" rel="noopener noreferrer nofollow">BNB price</a>.</p>
<p>With the gas fees removed, BNB might see more trading activities and a higher demand. If it continues, it might lead to a price increase for the cryptocurrency.</p>
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<p>BNB/USD Price Chart | CoinMarketCap</p>
<h2 class="wp-block-heading" id="h-cz-s-release-and-its-market-impact"><strong>CZ’s Release and Its Market Impact</strong></h2>
<p>Binance’s founder, Changpeng Zhao (CZ)’s upcoming <a href="https://www.thecoinrepublic.com/2024/09/24/binance-founder-to-leave-jail-in-6-days-will-crypto-market-rally/" rel="noopener noreferrer nofollow">release from prison on Sept. 4</a> is another event that can potentially give BNB the boost it needs. He had previously pleaded guilty to violating U.S. anti-money laundering laws and was sentenced to 4 months in prison.</p>
<p>CZ’s arrest back in April shook the crypto space, causing BNB to drop nearly 6% in value. Although CZ stepped down as CEO, his influence on Binance and the market is far from over. As the largest shareholder, owning over 90% of the company, his return will carry some weight.</p>
<p>Many believe that CZ’s return will restore confidence in Binance ecosystem, and push BNB’s price up as investors regain trust in the platform.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2024/09/27/binance-bnb-chain-team-up-for-gas-free-carnival-price-to-rally/" rel="noopener noreferrer nofollow">Binance, BNB Chain Team Up For Gas-Free Carnival, Price To Rally</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Binance, BNB Chain Team Up For Gas-Free Carnival, Price To Rally

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