Binance announces listing of EU MiCA-compliant stablecoin Eurite (EURI) and launches zero-fee trading promotion

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ABMedia
08-26
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Eurite (EURI) is now available on Binance

Binance has announced the upcoming listing of Eurite (EURI), a euro stablecoin regulated under the Markets in Crypto-Assets Code (MiCA). Trading will be officially opened at 10:00 am (UTC) on August 28, 2024. Binance is launching a zero-fee promotion on select EURI trading pairs.

EURI listing details and trading pairs

Starting August 28, 2024, Binance users will be able to trade the following spot trading pairs: EUR/EURI and EURI/USDT. Binance stated that this listing of EURI will not charge any BNB as a listing fee, and EURI withdrawals will be open at 10:00 am (UTC) on August 29, 2024.

EURI Zero Fee Promotion for Trading Pairs

As part of the listing of EURI, Binance will offer zero commission fees for spot and margin trading pairs EUR/EURI and EURI/USDT. The promotion starts on August 28, 2024 and will continue until further notice. During this period, eligible users can trade without any pending or taker fees. However, it is important to note that the trading volume of these trading pairs does not count towards VIP tier calculations or liquidity provider programs.

What is Eurite (EURI)?

Eurite (EURI) is one of the first euro stablecoins regulated under MiCA regulations in the European Economic Area (EEA). Issued by Banking Circle SA , the stablecoin is designed to complement the company’s existing payment system and ensure compliance with the strict standards set by EU regulators. The MiCA Code guarantees consumer protection, transparency and financial stability, making EURI a trustworthy and compliant choice.

Important restrictions and regional restrictions

These trading pairs are not available to all users. Users in Canada, Japan, the United States and certain regions will be restricted, and this list may be updated based on changes in local laws and regulations. As always, users will need to complete account verification to participate in trading on these trading pairs.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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