Binance.US Undergoes Its Own “Halving” In Celebration Of Bitcoin’s Upcoming Milestone
Binance undergoing its own ‘halving’ as the world prepares for Bitcoin’s block reward milestone in the next 3 days or so.
As the world waits for the Bitcoin halving event expected at block number #630,000, Binance is playing its part to honor the milestone with US customers receiving a 50% discount on trading fees. To celebrate the event, Binance.US users will have their trading fees cut in half once they buy crypto on the exchange ad start trading.
The announcement made on May 9, 2020, on Twitter states,
“#Bitcoinhalving is right around the corner and we’re offering half off trading fees when you use the Buy Crypto button on https://Binance.US or in the mobile app. Witness history…from your couch!”
Binance states the promotion is set to run from May 6th at 9:00 AM EST until May 17th at 9:00 AM EST in a bid to ease the users transitioning into the third halving period.
The “halving discount” will only be available to the Binance. US customers who use their desktop platform, the iOS app, or their Android app. However, order book transactions are excluded from the discount in trading fees.
The statement further confirms that the fees discounts will be offered in a cashback of half the original trading fee displayed. It reads,
“You will receive transaction fee cashback for the purchase that is equal to half off the fee. The cashback reward will be distributed to your Binance.US Wallet within 3 business days following the end of this promotion.”
Binance is blowing up in trading volumes over the past few days and the current promotion is expected to onboard more users to the platform as the halving draws nearer.
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
- Breaking: U.S. PPI Inflation Comes In Hot At 3.4% Ahead Fed Rate Decision
- Bitcoin ETFs Record 7-day Inflow Streak — But Short-Term Holders Are Cashing Out
- Breaking: Crypto Market Falls Sharply After Attack on Iran’s South Pars Gas Field
- 10x Research Warns Fed Rate Hike, US CPI Rising to 3.4% While China Taps 1.4 Bln Oil Reserves
- Ripple News: XRP Reclaims Fourth Spot From BNB as ETF Inflows Cross $1.2 Billion
- Will CRCL Stock Rally To $150 This Week After Clear Street Upgrade?
- Will Dogecoin Price Break $0.15 Before March End 2026?
- Bitcoin Price Forecast: Will BTC Break $80k Ahead of Fed Decision Today?
- MSTR Stock Prediction as Strategy Makes Largest Bitcoin Purchase in 2026 and Analyst Targets BTC Price $100K
- Pi Network Price Prediction After Smart Contract and Second Migration Launch
- Pepe Coin Price Surges 20%- How High Can it Go in March?
