More specifically, all trading fees will be waived for BTC/FDUSD, and maker fees will be 0% on ETH/FDUSD until further notice as part of Binance's campaign.
Following that action, Binance promoted trading with TrueUSD (TUSD) by waiving fees. TUSD trading volume mushroomed since and its market capitalization grew to nearly $3 billion.
Binance FDUSD on July 26 with zero trading fees to convert the token to other stablecoins including USDT and TUSD, indicating that the promotion would include all existing and new FDUSD trading pairs.
The FDUSD stablecoin is issued by a registered trust owned by First Digital under Hong Kong's digital asset rules.
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Read more: First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
Edited by Stephen Alpher.
