Binance users support 0-fee trading despite CZ's wash trading concerns

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Binance users support 0-fee trading despite CZ's wash trading concerns
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The people want zero-fee trading on Binance, and cz_binance is up for it, saying: “Let’s see what the poll says. We listen to our users.”

Each VIP tier is tied to certain trading benefits including lower trading fees. As a result, professional poker player Brian RastOver 30,600 investors voted on CZ’s poll at the time of writing — with around 65.5% inclined to trade with no fee whatsoever.

Binance continues to spread its roots across the world as it steadily acquires registrations and operational licenses from regulators. Maintaining its expansion streak, Binance’s Spanish subsidiary, Moon Tech Spain, got registered as a VASP by Spain’s central bank on Thursday. CZ attributed the development to Binance’s intent to protect users:

“Effective regulation is essential for the widespread adoption of cryptocurrencies. We have invested significantly in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure that our platform remains the safest and most trustworthy in the industry.”

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