Binance News: Binance Wallet Launches Six-Month Zero-Fee Crypto Swap Promotion

Binance Wallet has announced an exciting six-month promotion aimed at attracting retail traders by offering fee-free crypto swaps. Here’s a closer look at the details of this enticing offer.

Binance Wallet Offers Fee-Free Crypto Swaps Promotion

Binance Wallet has launched a six-month zero-fee swap promotion for its users in an effort to attract retail traders. The offer applies only to swaps made through Binance Wallet’s integrated swap and bridge features or quick buy in Binance Alpha, featuring tokens that may be considered for listings on Binance in the future. Transactions made via third-party dApps do not qualify, and retail traders may still have to pay network gas fees. The promotion is available for users with backed-up keyless addresses.

PancakeSwap CAKE Jumps 37% Amid Meme Coin Resurgence and Binance Tether Delisting

PancakeSwap, a decentralized exchange on Binance Smart Chain, has seen its CAKE token surge in price by 37% in the past 24 hours, beating Ethereum-based competitor Uniswap in trading volume. The surge comes after Binance delisted Tether from its centralized exchange, prompting an increase in Tether volume on PancakeSwap, and an unrelated surge of interest in meme coins on Binance Smart Chain. CAKE is now the 99th largest cryptocurrency by market cap, according to CoinGecko.