Zero Maker Fees Offered for All PAX Trading Pairs Through Binance
Binance continues to be an innovative force in the crypto space as they add more trading pairs to their lineup. In an announcement in the early hours of December 19th, the company has decided to add a promotion involving PAX. This new promotion will allow users have zero maker fees for any trading pair involved with PAX.
For anyone who is new to this kind of fee, Binance explains,
“When you place an order that goes on the order book partially or fully (such as a limit order placed via the trading screen on binance.com), any subsequent trades coming from that order will be as a ‘maker.’ These orders add volume to the order book, helping to ‘make the market,’ and are therefore termed the ‘maker’ for any subsequent trades.”
The promotion is scheduled to start at midnight on December 20th, and it will continue until January 21st next year. However, Binance notes that it can be cancelled or changed at any time. The affected pairs will include: BNB/PAX, BTC/PAX, ETH/PAX, EOS/PAX, PAX/USDT, XLM/PAX, and XRP/PAX.
Binance opted to promote this limited offer on their Twitter page as well, linking to their announcement.
— Binance (@binance) December 19, 2018