Binance Wallet is introducing a crypto swap promotion with no fees to draw in individual traders!
To take advantage of this offer, individuals must trade using a key-backed address within their Binance Wallet. This implies that you must finish the backup procedure; manually input private keys or mnemonic phrases are not permitted.
Binance stated on March 17 that this promotion is only valid for swaps conducted via Binance Wallet’s built-in swap and bridge capabilities, as well as tokens acquired rapidly in Binance Alpha.
Even though Binance is foregoing transaction costs, individual traders should be aware that they may still be required to pay network gas charges. Furthermore, transactions made via third-party dApps are ineligible.
Binance introduced its crypto wallet in November 2023, promoting it as a solution that “removes difficult seed phrases” and claiming it is superior to self-custodial crypto wallets that use multi-party computation technology.
Binance Wallet offers swaps with no fees, but only to users who have backed up their keys. Canary Capital Files for Spot SUI ETF
