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HomeCryptocurrencyCoinbase Stock Tumbles As BinanceUS Eliminates Bitcoin Trading Fee

Coinbase Stock Tumbles As BinanceUS Eliminates Bitcoin Trading Fee

Updated at 12:30 pm Eastern Standard Time

A US online trading company specializing in cryptocurrencies was hit hard on Wednesday after BinanceUS, the world’s largest digital currency exchange, abolished Bitcoin’s spot trading fees.

BinanceUS will allow users to trade their largest cryptocurrency, Bitcoin, for free with assets such as US dollars, tethers and other dollar-backed stablecoins, the previous 0.1 for transactions under $ 50,00. Eliminate% taxation.

The move ignites the coveted liquidity of the global crypto market, which has lost billions of values ​​in the last six weeks amid the broader Bitcoin meltdown and the collapse of Luna’s Stablecoin. May be attached.

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