Binance to List StraitsX USD (XUSD) with Zero Fee Promotion

Binance has announced the listing of StraitsX USD (XUSD), a U.S. Dollar stablecoin, on its platform. Trading for the XUSD/USDT spot pair is set to commence on March 19, 2025, at 08:00 UTC. To mark the launch, Binance is offering a zero fee promotion for the XUSD/USDT trading pair.

Users can begin depositing XUSD in preparation for trading. The listing fee for XUSD is set at 0 BNB, and withdrawals will be available starting March 20, 2025, at 08:00 UTC. Binance notes that the withdrawal time is an estimate, and users should check the withdrawal page for the actual status.

Zero Fee Promotion Details

During the promotion period, eligible users can trade XUSD/USDT spot and margin pairs without incurring any fees. The promotion begins on March 19, 2025, at 08:00 UTC and will continue until further notice. However, trading volumes from these pairs will not count towards VIP tier volume calculations or liquidity provider programs during the promotion.

Standard trading fees will apply once the promotion ends. Binance reserves the right to disqualify any trades that are deemed to be wash trades or involve market manipulation.

About StraitsX USD (XUSD)

XUSD is a stablecoin issued by StraitsX, a licensed major payment institution. It is fully backed by liquid reserve assets and maintains a 1:1 redemption ratio with the U.S. Dollar. XUSD facilitates near-instant transactions, bridging digital and traditional financial systems with the stability of the U.S. Dollar.

The stablecoin can be used for various applications, including cross-border remittances, on-chain trading, decentralized finance (DeFi) applications, and corporate treasury management. Its infrastructure supports rapid settlement, making it a versatile option for individuals and businesses in the digital economy.

For more details, visit the official announcement here.

Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.