Binance, the largest cryptocurrency exchange by trading volume, will update its maker fees for 17 fiat exchanges, which are exchange
exchange
An exchange is known as a market that supports the trading of derivatives, commodities, securities and other financial instruments, and in general, an exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to perform trading. Among the main responsibilities of the stock exchange is to support honest and fair trading practices. These are useful in ensuring that the distribution of subsidized security rates on this exchange is effective
An exchange is known as a market that supports the trading of derivatives, commodities, securities and other financial instruments, and in general, an exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to perform trading. Among the main responsibilities of the stock exchange is to support honest and fair trading practices. These are useful in ensuring that the distribution of subsidized security rates on this exchange is effective
Read this term He said in today’s announcement (Friday). The update will run for a month and include manufacturer fee discounts for select P2P fiat markets.
From 2023-06-26 00:00 (UTC) to 2023-07-26 00:00 (UTC), all Makers can enjoy 50% discount on Maker Fee for each successful trade on NGN, KES, ETB, TZS and RWF, and trade MGA pairs on Binance P2P,” the company said. “This means that the maker fee for all P2P trades on NGN, KES, ETB, TZS, RWF and MGA trading pairs will be reduced during this period to 0.1%.”
Moreover, the cryptocurrency exchange said that zero P2P fees for buyers will be maintained. Fees apply to users who buy and sell cryptocurrencies by placing an order through existing ads on the P2P platform.
The changes come as Binance grapples with regulatory pressure in several jurisdictions in which it operates. Its US subsidiary, Binance.US, was recently forced to restrict access to client funds to only its own employees and not the global exchange. The move was in agreement with the US Securities and Exchange Commission (SEC) to prevent the need for an asset freeze.
On June 5, the SEC sued Binance, two of its US subsidiaries, and co-founder Changpeng Zhao, over allegations of operating illegal trading platforms, offering unregistered securities for crypto assets, and inflating customer funds. The regulator earlier sought approval to freeze assets linked to Binance.
Binance battles regulatory pressure
Binance also suffered a major blow in the European Union after French authorities announced that they were investigating the exchange over alleged provision of digital asset services and “tight business”. Money laundering
Money laundering
Money laundering is an umbrella term to describe the process by which criminals conceal the original ownership and proceeds of criminal behavior by making it appear that the proceeds are derived from a legitimate source. financial services space. Although criminal money can be successfully laundered without the help of the financial sector, billions of dollars in money from crime is laundered.
Money laundering is an umbrella term to describe the process by which criminals conceal the original ownership and proceeds of criminal behavior by making it appear that the proceeds are derived from a legitimate source. financial services space. Although criminal money can be successfully laundered without the help of the financial sector, billions of dollars in money from crime is laundered.
Read this term“, finance poles mentioned. Binance earlier chose Paris as its European hub after obtaining digital asset service provider registration from Autorité des marchés Financiers (AMF).
Similarly, the exchange recently announced that it was leaving the Netherlands after failing to obtain registration. The Central Bank of the Netherlands has imposed an administrative fine on Binance for allegedly providing services without the required registrations.
Binance, the largest cryptocurrency exchange by trading volume, will update its maker fees for 17 fiat exchanges, which are exchange
exchange
An exchange is known as a market that supports the trading of derivatives, commodities, securities and other financial instruments, and in general, an exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to perform trading. Among the main responsibilities of the stock exchange is to support honest and fair trading practices. These are useful in ensuring that the distribution of subsidized security rates on this exchange is effective
An exchange is known as a market that supports the trading of derivatives, commodities, securities and other financial instruments, and in general, an exchange can be accessed through a digital platform or sometimes at a physical address where investors organize to perform trading. Among the main responsibilities of the stock exchange is to support honest and fair trading practices. These are useful in ensuring that the distribution of subsidized security rates on this exchange is effective
Read this term He said in today’s announcement (Friday). The update will run for a month and include manufacturer fee discounts for select P2P fiat markets.
From 2023-06-26 00:00 (UTC) to 2023-07-26 00:00 (UTC), all Makers can enjoy 50% discount on Maker Fee for each successful trade on NGN, KES, ETB, TZS and RWF, and trade MGA pairs on Binance P2P,” the company said. “This means that the maker fee for all P2P trades on NGN, KES, ETB, TZS, RWF and MGA trading pairs will be reduced during this period to 0.1%.”
Moreover, the cryptocurrency exchange said that zero P2P fees for buyers will be maintained. Fees apply to users who buy and sell cryptocurrencies by placing an order through existing ads on the P2P platform.
The changes come as Binance grapples with regulatory pressure in several jurisdictions in which it operates. Its US subsidiary, Binance.US, was recently forced to restrict access to client funds to only its own employees and not the global exchange. The move was in agreement with the US Securities and Exchange Commission (SEC) to prevent the need for an asset freeze.
On June 5, the SEC sued Binance, two of its US subsidiaries, and co-founder Changpeng Zhao, over allegations of operating illegal trading platforms, offering unregistered securities for crypto assets, and inflating customer funds. The regulator earlier sought approval to freeze assets linked to Binance.
Binance battles regulatory pressure
Binance also suffered a major blow in the European Union after French authorities announced that they were investigating the exchange over alleged provision of digital asset services and “tight business”. Money laundering
Money laundering
Money laundering is an umbrella term to describe the process by which criminals conceal the original ownership and proceeds of criminal behavior by making it appear that the proceeds are derived from a legitimate source. financial services space. Although criminal money can be successfully laundered without the help of the financial sector, billions of dollars in money from crime is laundered.
Money laundering is an umbrella term to describe the process by which criminals disguise original ownership and proceeds of criminal behavior by making it appear that such proceeds are derived from a legitimate source. Money laundering is an issue that runs through a myriad of industries and sectors, which includes: the financial services space. Although criminal money can be successfully laundered without the help of the financial sector, billions of dollars in money from crime is laundered.
Read this term“, finance poles mentioned. Binance earlier chose Paris as its European hub after obtaining digital asset service provider registration from Autorité des marchés Financiers (AMF).
Similarly, the exchange recently announced that it was leaving the Netherlands after failing to obtain registration. The Central Bank of the Netherlands has imposed an administrative fine on Binance for allegedly providing services without the required registrations.