PANews April 22 news, according to The Block report, Binance.US announced that it would reduce all spot trading pair order fees to 0 and taker fees to 0.02% in an effort to capture users in the US market with "near-zero rates." In comparison, the global version of Binance has standard order/taker fees of 0.10%, while Coinbase has taker/order fees of 0.6% and 0.4% for retail orders under $10,000. Previously, Binance.US only implemented 0 fees or low fees for some BTC and 20 major trading pairs. Data company CoinGecko shows that in the past 24 hours, the trading volume of Binance.US was about $14.8 million, far lower than the global Binance at about $10.7 billion and Coinbase at about $1.9 billion. The platform suspended USD deposits and withdrawals in 2023 due to a lawsuit from the SEC and later resumed after the SEC dropped the lawsuit.

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