What impact did Binance.US dropping have on the fees?

3 answers

• May 17, 2022 · 3 years ago
  The dropping of Binance.US had a significant impact on the fees in the cryptocurrency market. Due to the reduced competition, fees on other exchanges might have increased. Traders and investors had to bear higher transaction costs, which could have affected their profitability. It is important for traders to carefully consider the fee structure of different exchanges before making transactions.
  397

  199
• May 17, 2022 · 3 years ago
  When Binance.US dropped, it caused a ripple effect on the fees in the cryptocurrency market. Some exchanges might have taken advantage of the situation and increased their fees, while others might have kept their fees unchanged. Traders and investors had to adapt to the new fee structure and evaluate its impact on their trading strategies.
  341

  114
• May 17, 2022 · 3 years ago
  As an expert from BYDFi, I can say that the dropping of Binance.US did not directly impact the fees on our platform. We have always strived to maintain competitive and transparent fee structures for our users. However, the overall market conditions and fee dynamics might have been influenced by the changes in Binance.US. It is crucial for traders to stay updated on fee changes across different exchanges to make informed decisions.
  434

  109