The post Binance Lists Eurite (EURI) with Zero Trading Fee Incentives appeared on BitcoinEthereumNews.com.

Binance has announced the upcoming listing of Eurite (EURI), a new MiCA-regulated EURO stablecoin, and is introducing an enticing zero trading fee promotion to mark the occasion. Starting from August 28, 2024, at 10:00 UTC, users will be able to trade EURI with zero fees. Binance Lists Eurite (EURI) with Zero Trading Fee According to a recent press statement from Binance, the cryptocurrency exchange platform will add Eurite (EURI) to its diverse list of tradable assets. This inclusion will be complemented by the launch of new spot trading pairs, specifically EUR/EURI and EURI/USDT.  Trading will commence on August 28, 2024, enabling users to trade with no fees on these pairs for an undetermined period. The initiative aims to promote the new listing and stimulate user trading activity. In preparation, the crypto exchange has allowed deposits for trading activities set to begin next week.  Regulatory Compliance and Market Adaptation Eurite (EURI) stands out as one of the first EURO stablecoins regulated under the new Markets in Crypto-Assets Regulation (MiCA) framework within the EEA. This regulatory adherence is critical as it aligns with EU standards, providing consumer protection, financial stability, and legal certainty. The regulation ensures that EURI maintains transparency and security, which are essential for retail and institutional investors. Additionally, the regulation by MiCA indicates a growing trend of crypto-assets receiving formal recognition and supervision by financial authorities. This could lead to broader acceptance and integration into the European financial markets.  Trading and Accessibility The zero-fee promotion introduced for Eurite (EURI) trading pairs is set to impact trading on the platform. By removing the barrier of transaction costs, the crypto exchange aims to increase the liquidity and visibility of the stablecoin In addition, the trading pairs will be exempt from VIP tier volume calculations and liquidity provider programs during the promotion…

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Filed under: News - @ August 26, 2024 9:21 am