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Cryptocurrency exchange Binance has announced the expansion of its zero-fee trading promotion to include Argentine, Brazilian, and South African fiat-to-crypto trading pairs starting from Friday. Binance users will be able to trade Bitcoin (BTC), Ethereum (ETH), and Tether's USDT stablecoin against the Argentine Peso, Brazilian Real, and South African Rand in the spot market without incurring any maker fees. This move comes as Binance faces legal and regulatory challenges in the United States and Europe, with cryptocurrency trading volumes hitting their lowest levels since 2019, impacting revenue streams. Last month, Binance closed its cryptocurrency payment service Connect to focus on its core products and also delisted branded debit cards issued in Latin America and the Middle East. |
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