In some days, mid-May, the next Bitcoin block halving will reduce the current block reward of 12.5 BTC per block to 6.25 BTC. To celebrate the milestone, Binance have cut trading fees in half when you use the Buy Crypto button on the Binance.US homepare or in the mobile app header. To learn more about Bitcoin halving, check out our blog post.
As we are waiting for the Bitcoin halving event expected at block number #630,000, Binance is playing its part to honor the milestone with US customers receiving a 50% discount on trading fees. To celebrate the halving event, Binance.US customers will have their trading fees cut in half once they buy crypto on the exchange ad start trading. The promotion starts May 6th at 9:00 AM EST until May 17th at 9:00 AM EST.
The “halving discount” will only be available to the Binance. US customers who use their desktop platform, the iOS app, or their Android app. However, order book transactions are excluded from the discount in trading fees.