Binance has exciting news for traders: they’re listing Eurite (EURI), a new EURO stablecoin regulated under MiCA.
To celebrate this launch, Binance is offering a special promotion with zero trading fees.
Starting on August 28, 2024, at 10:00 UTC, users can trade EURI without any fees.
“Binance Launches Eurite (EURI) with No Trading Fees.”
In a recent announcement, Binance revealed an exciting addition to its lineup.
Eurite (EURI), a new cryptocurrency, will soon be available on the platform.
Alongside this new asset, Binance will introduce two new trading pairs—EUR/EURI and EURI/USDT.
Starting on August 28, 2024, users can begin trading these pairs with zero fees.
And it’s all thanks to a special promotion designed to boost interest and activity.
To get ready, Binance has already opened deposits, so users can prepare for the trading launch next week.
Navigating Regulatory Compliance and Market Adaptation
Eurite (EURI) is making waves as one of the first EURO stablecoins to be regulated.
This stablecoins is to be regulated under the new Markets in Crypto-Assets Regulation (MiCA) framework within the EEA.
This step is crucial because it aligns EURI with EU standards, offering greater consumer protection, financial stability, and legal certainty.
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Thanks to this regulation, EURI promises transparency and security, which are key for both retail and institutional investors.
This move also signals a growing trend of crypto-assets gaining formal recognition and oversight from financial authorities.
As more cryptocurrencies receive such regulation, we might see them becoming more widely accepted and integrated into European financial markets.
“Trading Opportunities and Accessibility.”
Binance is shaking things up with a new promotion for Eurite (EURI) trading pairs.
By eliminating transaction fees, the crypto exchange hopes to boost the trading activity and visibility of this new stablecoin.
During this promotion, EURI trades won’t count toward VIP tier volume or liquidity provider programs.
Instead, the focus is on encouraging more user engagement and improving market liquidity for EURI.
Starting August 29, 2024, at 10:00 UTC, users will also be able to withdraw their EURI, giving them full control over their holdings.
As Binance continues to add regulated stablecoins to its platform, it’s expanding trading options and enhancing user experience.
