8:23 PM・Mar 13, 2024
Bullish
Binance Offers Fee Waivers for Select Meme Coins: DOGE, SHIB, PEPE, BONK, WIF, FLOKI🤯
Get Reward 🆓🔥
Binance, the world's largest cryptocurrency exchange, has announced an extension of its promotion targeting several cryptocurrencies, particularly meme coins, on its Binance Margin platform. As part of this initiative, Binance is providing a one-hour interest fee waiver for prominent meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe Coin (PEPE), BONK, dogwifhat (WIF), and FLOKI.
Expansion of Support for Trending Cryptocurrencies
In an official announcement on March 12, Binance unveiled its latest move to bolster the trading of trending cryptocurrencies. This development comes amidst a surge in demand for meme coins and gaming tokens. Users engaging in trading activities will automatically receive a one-hour interest fee waiver starting from March 12 until March 26 at 11 AM UTC.
Binance has identified key meme coins, such as BONK, DOGE, FLOKI, MEME, PEPE, SHIB, and WIF, alongside gaming tokens like BNX, GALA, PIXEL, PORTAL, and YGG. Additionally, the exchange has extended support for 1000SATS.
Guidelines for Fee Waiver
To avail of the fee waiver, users must adhere to specific timing requirements. For instance, if both User A and User B borrowed 10 DOGE at 11:20 UTC on March 12, they must complete repayment on the same day at 12:15 UTC and 11:55 UTC, respectively. Binance has provided examples to facilitate users' understanding of the timing and associated interest charges.
Introduction of New Trading Pairs and Bots
Binance has recently introduced new trading pairs and bots for Dogecoin (DOGE), Pepe Coin (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF). This announcement has spurred a rally in meme coin prices, generating high optimism among investors.
