The declines come after the exchange halted its no-fee trading promotion for the 13 bitcoin spot trading pairs, including BTC-USDT, on March 22. Binance called the promotion temporary. In an email to CoinDesk last week, Kaiko Research Director Clara Medalie wrote that without zero-fee, she expected “a short-term drop in market share.”

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• Source: https://www.coindesk.com/markets/2023/03/27/binance-bitcoin-trading-volume-hits-lowest-level-in-8-months-following-termination-of-zero-fee-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines