Note: Please do your own research before making any trades for the aforementioned token outside Binance to avoid any scams and ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will list StraitsX USD (XUSD) and open trading for the following spot trading pair at 2025-03-19 08:00 (UTC). To celebrate the launch, Binance is introducing a zero fee promotion for the XUSD/USDT trading pair.
New Spot Trading Pair: XUSD/USDT
Users can now start depositing XUSD in preparation for trading.
XUSD Listing Fee: 0 BNB.
Withdrawals for XUSD will open at 2025-03-20 08:00 (UTC).
Note: The withdrawal open time is an estimated time for users’ reference. Users can view the actual withdrawal status on the withdrawal page.
During the Promotion Period, all eligible users can enjoy zero fees on XUSD/USDT spot and margin trading pairs (if applicable).
Promotion Period: 2025-03-19 08:00 (UTC) until further notice
XUSD is a U.S. Dollar stablecoin issued by StraitsX, a licensed major payment institution. XUSD is fully backed by highly liquid reserve assets and will always remain redeemable on a 1:1 basis with the U.S. Dollar, ensuring reliability and stability. XUSD enables near-instant transactions, streamlining financial operations and bridging the digital and traditional financial ecosystems with the stability of the U.S. Dollar.
The XUSD smart contract was developed to integrate digital and traditional financial ecosystems, leveraging the stability of the U.S. Dollar. Beyond payments, XUSD can be used for cross-border remittances, on-chain trading, decentralized finance (DeFi) applications, corporate treasury management, and merchant settlements. Its rapid settlement and secure infrastructure position XUSD as a versatile stablecoin for individuals, businesses, and institutions navigating the digital economy.
Details:
During the Promotion Period, users will enjoy zero maker and taker fees on XUSD/USDT spot and margin trading pairs (if applicable).
The trading volume on XUSD/USDT spot and margin trading pairs will be excluded from the VIP tier volume calculation and all Liquidity Provider programs during the Promotion Period, where applicable.
BNB discounts, referral rebates, and any other adjustments will not apply to the spot and margin trading volumes on XUSD/USDT pairs (if applicable) during the Promotion Period.
Standard trading fees apply after the Promotion ends. Please refer to the VIP tier fee structure for more details.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
All trading volume and metrics related to the promotions are measured by Binance at its sole and absolute discretion.
Calculation of maker fee and/or taker fee rebates for all spot and margin trading pairs under the Promotions will resume when the respective Promotion ends, subject to further updates.
Binance reserves the right to cancel or amend the Promotion or Promotion rules at its sole discretion.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Trading of the aforementioned new trading pair(s) is subject to eligibility based on the user's country or region of residence. Please note that the list of restricted countries provided below may be changed from time to time, due to mandatory changes in applicable laws and regulations, or other changes relevant to the trading eligibility of these new trading pair(s). Users need to complete account verification to participate in the trading of these new trading pair(s).
Currently, users residing in the following countries or regions will not be able to trade the above-mentioned spot trading pairs: Canada, Cuba, Crimea Region, Iran, Japan, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
Please note that this list may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Thank you for your support!
Binance Team
2025-03-17
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
