Quantcast

Binance to raise flat taker fee on P2P USDT trades by end of 2025

Worldcoin launches layer 2 blockchain as eye scanning venture hits 10m users
Europe dominates crypto banking with 63 providers
French Usual raises $7M with its stablecoin USD0
Binance teams up with European universities to train students in Web3
Will bitcoin Continue to Rise or Fall?
Halving Bitcoin this week – Should you sell or buy?
Bitcoin seen surging to $450,000 — if this halving trend plays out
Cryptocurrencies: The Rebound Of Solana (Sol) Outperforms Bitcoin And Ethereum
CoinShares: Investors withdraw $126m as crypto confidence wanes
April's first two weeks saw more Ethereum loans liquidated than any month since June 2022
Will Bitcoin reach a new ATH in less than 10 days?
Binance adds Ethereum Omni Network project to Launchpool
Last weekend before the halving: What does the price of Bitcoin have in store for us?
Crypto liquidations creep toward $500 million as major token prices plunge
US government tops global Bitcoin holdings with $15b in assets
Cryptocurrencies: This London Mayoral Candidate Proposes Launching A London Coin
With its volatility at its lowest, Bitcoin ready for its next big move? BTC analysis for April 12, 2024
How Bitcoin’s record run could ignite a $2.5bn ‘powder keg’ of short interest
‘Tokenized Hedge Fund’ Rakes in Crypto Billions With 37% Yield
Marathon CEO Says Bitcoin's Upcoming Halving Event is Already Partially Priced In
Cryptocurrencies On Solana: Return To The Niche For Memecoins?
Spot bitcoin ETF cumulative trading volume crosses $200 billion
EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says
Monad raises $225M with its Ethereum compatible blockchain
Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market – Market Updates Bitcoin News
Funding for blockchain startups on the rise with the crypto rally
Crypto investors now have better protection
Crypto investment products see record year-to-date inflows of $13.8 billion
Ripple chief sees crypto market doubling in value in 2024
AMF Threatens Bitget: Potential Block in France for Crypto Platform!
Binance to raise flat taker fee on P2P USDT trades by end of 2025
Web3/Crypto
Webp changpeng zhao 12
Changpeng Zhao, Founder for Binance | X

Binance has announced an adjustment to its peer-to-peer (P2P) platform's flat taker fee on Tether (USDT) trades in selected fiat markets. The fee will increase from 0.06 to 0.08 USDT per order, with the rollout expected by the end of December 2025, according to a press release.

According to the official Binance announcement, this fee change is part of the exchange’s ongoing efforts to refine its P2P marketplace structure, which allows users to trade directly with one another. The adjustment introduces a flat fee model instead of varying costs, aiming for a more standardized experience across regions. Binance emphasized that the rollout will be gradual, starting on September 22, 2025, and concluding in December 2025, providing users time to adapt to the new structure.

The new fee applies to USDT trading pairs across more than 70 fiat markets worldwide, including major currencies such as USD, EUR, GBP, INR, BRL, and ZAR. This broad reach underscores the platform’s international footprint with regions spanning Africa, Asia, Europe, Oceania, and Latin America included in the update. By standardizing fees across these diverse markets, Binance signals its intention to maintain uniformity while accounting for local trading activity.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

In March 2024, Binance implemented a similar taker fee adjustment by setting a flat fee of 0.05 USDT per trade order in selected fiat markets. According to Binance’s support page at that time, the rollout began on March 19 and was scheduled for completion by June 2024. This provided an early precedent for phased implementations. The latest increase to 0.06–0.08 USDT per order builds on this framework and reflects Binance’s evolving strategy in P2P market operations.

According to Binance’s corporate profile, the exchange was founded in 2017 and has grown into the world’s largest cryptocurrency trading platform by volume. It offers a comprehensive range of services including spot trading, derivatives, staking, lending, institutional tools, and P2P marketplaces. By introducing updates such as this P2P adjustment, Binance continues adapting its model to sustain global operations and reinforce its position as a leader in the digital asset industry.

Organizations Included in this History
More News

Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.

Oct 24, 2025

Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.

Oct 24, 2025

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.

Oct 24, 2025

Binance announced on its website that it has updated the annual percentage rate (APR) for USDe on Binance Earn, offering a 7% flexible rate for eligible users from October 22 to October 30 (UTC).

Oct 24, 2025

Julian Hosp, Founder of Cake DeFi, has expressed concerns about the speculative nature of Bitcoin and MicroStrategy's stock, suggesting they are vulnerable to sharp declines when market sentiment turns negative.

Oct 24, 2025

Binance has announced the launch of direct USD deposits and withdrawals in select regions through BPay Global, a provider licensed by the Central Bank of Bahrain.

Oct 24, 2025