Binance Lists Eurite (EURI) and Launches Zero Trading Fee Promotion

Ted Hisokawa
Aug 26, 2024 07:30

Binance announces the listing of Eurite (EURI) with zero trading fee promotions for EUR/EURI and EURI/USDT pairs starting August 28, 2024.

Binance Lists Eurite (EURI) and Launches Zero Trading Fee Promotion

Binance, a leading cryptocurrency exchange, has announced the listing of Eurite (EURI) and the introduction of zero trading fee promotions for EURI trading pairs. According to Binance, the new trading pairs EUR/EURI and EURI/USDT will be available for trading starting August 28, 2024, at 10:00 UTC.

Eurite (EURI) Listing Details

Binance will allow users to start depositing EURI in preparation for trading. The listing fee for EURI is set at 0 BNB, and withdrawals for EURI will open on August 29, 2024, at 10:00 UTC. The withdrawal open time is an estimated time for users’ reference, and they can check the actual status on the withdrawal page.

Zero Trading Fee Promotion

To celebrate the launch, Binance is offering a zero-fee promotion for EUR/EURI and EURI/USDT spot and margin trading pairs. The promotion period will begin on August 28, 2024, at 10:00 UTC and will continue until further notice. During this period, all eligible users can enjoy zero fees on the specified trading pairs.

About Eurite (EURI)

Eurite (EURI) is one of the first EURO stablecoins regulated under the Markets in Crypto-Assets Regulation (MiCA) in the European Economic Area (EEA). Issued by Banking Circle S.A., EURI aims to complement existing payment systems by ensuring compliance with stringent EU standards, thereby enhancing trust and transparency for its holders.

Regulatory compliance with MiCA is crucial as it ensures consumer protection, transparency, and financial stability, reducing legal risks and promoting safety. The EURI stablecoin contract is available on both BscScan and Etherscan.

Terms & Conditions

  • During the promotion period, users will enjoy zero maker and taker fees on EUR/EURI and EURI/USDT spot and margin trading pairs.
  • The trading volume on these pairs will be excluded from VIP tier volume calculation and all Liquidity Provider programs during the promotion period.
  • BNB discounts, referral rebates, and other adjustments will not apply to the trading volumes on these pairs during the promotion period.
  • Standard trading fees will apply after the promotion ends. Users are advised to refer to the VIP tier fee structure for more details.
  • Binance reserves the right to disqualify participants who tamper with program code or interfere with the operation of the program with other software.
  • Binance reserves the right to disqualify trades deemed to be wash trades, illegally bulk registered accounts, or 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 discretion.
  • Calculation of maker and/or taker fee rebates for all spot and margin trading pairs under the promotions will resume when the promotion ends, subject to further updates.
  • Binance reserves the right to cancel or amend the promotions or promotion rules at its sole discretion.

Trading of the new pairs is subject to eligibility based on the user’s country or region of residence. Users need to complete account verification to participate in the trading of these new pairs. Currently, users in countries such as Canada, Cuba, Iran, Japan, and the United States, among others, will not be able to trade these pairs.

For more details, visit the official Binance announcement.

Image source: Shutterstock


Source: https://blockchain.news/news/binance-lists-eurite-euri-and-launches-zero-trading-fee-promotion