Binance, the world's largest cryptocurrency exchange, has added BNB/JPY, BTC/JPY, and ETH/JPY to its list of trading pairs.
Trading of the BNB/JPY, BTC/JPY, and ETH/JPY pairs will begin at 08:00 UTC on March 12, 2024.
To celebrate the launch of JPY spot trading pairs, Binance has announced a unique offer: zero fee on all JPY spot trading pairs. The promotion will be available from 08:00 (UTC) on March 12 until 07:59 (UTC) on April 11, 2024.
Binance emphasized that the offer applies not only to the aforementioned spot trading pairs but also to any future spot trading pairs with JPY.
The initiative is aimed at attracting new users and providing the exchange's existing users with bigger and better trading opportunities.
The exchange notes that trading volume on all existing and new JPY spot pairs will be excluded from the calculation of VIP level volume and all liquidity provider programs during the promotion period.
In addition, BNB rebates, referral rebates, and any other adjustments will not be applied to JPY spot trading pairs during the promotion.
Previously, Binance launched Myro and PEPE coin perpetual contracts to provide its users with diversified trading options.
A key feature of these contracts is the inclusion of a Multi-Asset Mode, which allows traders to trade multiple margined assets, providing greater flexibility and diversification options. Meanwhile, the funding rate is set at +2.00% / -2.00%.
It's worth noting that after the launch of the spot Bitcoin ETF, the digital asset market has taken off and is showing an upward trend. The popularity of cryptocurrencies is growing rapidly, attracting new investors and traders for whom major exchanges and funds have staged fierce competition.
At the time of writing, BTC is trading at $66,705, ETH at $3,793, and BNB at $434.2.
Read also: Rising funding rates confirm Ethereum's bullish trend
