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Crypto Exchange Binance Offers Zero-Fee Withdrawals on This Stablecoin

source-logo  u.today 23 May 2025 20:37, UTC
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Binance ($BNB), the world's biggest cryptocurrency exchange by trading volume and user count, has launched a time-limited promo campaign on $USD1, one of the largest stablecoins. All withdrawals of $USD1 on $BNB Smart Chain (BSC) will be fee-free.

Binance ($BNB) lifts fees on $USD1 withdrawals

According to the official statement by Binance ($BNB) top crypto exchange, today, May 23, 2025, the unique stablecoin promo campaign kicks off.

Fee-free withdrawals? Yes, please.

Starting now, enjoy zero fees on $USD1 withdrawals via $BNB Smart Chain. https://t.co/hZM83Bx1JP

— Binance (@binance) May 23, 2025

All of Binance's ($BNB) product users are now able to withdraw $USD1, a major U.S. dollar-pegged stabblecoin, with zero fees. The promo is valid for accounts of $BNB Smart Chain, a Binance-linked smart contracts blockchain platform.

The $USD1 stablecoin was added to the trading toolset of Binance ($BNB) on spot and futures trading dashboards yesterday, May 22, 2025.

As covered by U.Today previously, Binance ($BNB) introduced a number of exciting promo campaigns amid the current blockchain market optimism.

Recently, Binance ($BNB) reduced all trading fees on B2, AGT, PRAI, FAIR3, KILO, PUFFER, AIOT, SKYAI, MYX and ZKJ tokens on Binance Alpha DEX to 0.01%

$USD1 to top five stablecoins?

Also, Binance ($BNB) offers one-second charts for Binance Futures, allowing traders to benefit from all price movements on both sides.

$USD1, a USD-pegged stablecoin product by World Liberty Financial, becomes the fastest-growing stable asset. $USD1 market cap exceeded $2.1 billion, which makes it the sixth largest stablecoin.

To replace Dai (DAI) in the top 5, $USD1 asset needs to surpass a $3.6 billion capitalization.

These milestones were accomplished by $USD1 in just 30 days; the asset went live on April 22, 2025.

u.today