Binance trading volume spiked after its global zero trading fee policy went live Friday morning. • Zero trading fees worldwide for 13 crypto pairs at Binance – the world’s largest crypto exchange by volume – began Friday at 14:00 UTC (10 a.m. ET). The move caused an explosion in trading at the exchange, with bitcoin/tether spot volume surging to 320,000 coins within hours. The exchange hasn’t seen volume that high for even a full day since March 2020. • Binance CEO Changpeng Zhao attributed the surge to people trying to gain VIP tiers via high trading volumes. “We will exclude BTC trading from VIP calculations,” he ... (full story)