BroadChain has learned that at 23:46 on April 22, Binance.US announced a significant adjustment to its spot trading fee structure, reducing the maker fees for all trading pairs to zero and lowering the taker fees to 0.02%. This move aims to attract users in the U.S. market with near-zero rates.
For comparison, the standard maker and taker fees on the global version of Binance are both 0.10%. Meanwhile, Coinbase charges taker and maker fees of 0.6% and 0.4%, respectively, for retail orders below $10,000. Previously, Binance.US had only implemented zero or low-fee policies for certain BTC and 20 mainstream trading pairs.
Data shows that in the past 24 hours, Binance.US's trading volume was approximately $14.8 million. This figure is significantly lower than the global version of Binance's approximately $10.7 billion and Coinbase's approximately $1.9 billion in trading volume. The platform had suspended USD deposit and withdrawal services in 2023 due to a lawsuit by the U.S. Securities and Exchange Commission (SEC), which were later restored after the SEC dropped the case.