Binance has added a new trading pair, BFUSD/USDT, to its platform. Trading for this pair started today at 14:00 UTC. To celebrate the launch, Binance is offering zero trading fees for BFUSD/USDT, meaning users can trade without paying any commission during the promotion.
BFUSD is a stablecoin, meaning its value is designed to stay stable (usually linked to the US dollar). This makes it less risky compared to coins that can change value quickly.
Binance says the zero-fee offer will give more traders a chance to try the new pair and possibly increase its trading activity. However, experts still advise traders to be careful and use strategies like stop-loss orders to avoid losses if prices change unexpectedly.
Overall Summary:
1.New pair: BFUSD/USDT now live.
2.Zero trading fee promotion for the launch.
3.BFUSD is a stablecoin for safer trading.
4.Binance encourages safe trading strategies
