Coinbase and Robinhood shares drop as Binance.US cuts bitcoin trading fees

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Coinbase and Robinhood shares drop as BinanceUS cuts bitcoin trading fees By AdamMorganMc

all new and existing customers of Binance.US will pay no fees when trading bitcoin against the US dollar, tether , USD Coin or Binance USD .

The announcement comes at a time when crypto exchanges are facing tough economic headwinds amid a broader market downturn. Last week, Coinbase announced it was laying off 18% of staff to prepare for difficult market conditions ahead. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Adam has been based in London for the past year, initially freelancing and working for a start-up there before beginning a fellowship at Business Insider. He covers general crypto news and markets.

 

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AdamMorganMc They both dropped because the market was down outside of US trading hours... Nothing to do with Binance cutting fees. At best this just contributed slightly to the drop.

AdamMorganMc SBF_FTX looks like cz_binance sees your attacks and decided to finish you off...the timing is flawless. Sam is holding too much risk and relies on those fees

AdamMorganMc Coinbase is offering free trades... this is all about the banks taking over crypto

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