Binance Alpha Cuts Limit Order Fees to 0.01% For Select Tokens

Binance Alpha has implemented a significant reduction in limit order fees, slashing costs down to 0.01% for select tokens. This move, designed to boost trading activity and liquidity on the platform, comes with no set end date. The reduced fee structure applies to tokens such as MERL, XTER, BANK, AGT, REX, PUFFER, and FHE, representing a 93% decrease from the previous 0.15%. Binance Alpha hopes this reduction will incentivize strategic trading among users and improve overall market engagement. By lowering transaction costs, Binance aims to attract more traders to its platform.