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Hanna Syniavska

03.06.2026

Zero trading fees helped attract users, Paolo Ardoino notes — Bitfinex zero fees attract more users

Paolo Ardoino, chief executive officer (CEO) at Tether (USDT), stated that offering zero trading fees on Bitfinex did not have negative effects on the exchange.

According to Ardoino, the move actually helped Bitfinex attract more users and liquidity to the platform.

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Ardoino has previously announced technology-focused initiatives at Tether. Earlier this year, he unveiled TurboQuant KV-Cache Quantization in QVAC SDK 0.12.0, reducing local AI memory requirements. He also reported Tether is working on an open-source peer-to-peer search engine with features such as Wikipedia integration.

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