Binance announces listing of EU-compliant stablecoin Eurite (EURI), launches zero trading fees promotion.

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Eurite EURI Listed on Binance

Binance announced the upcoming listing of Eurite EURI, a Euro stablecoin regulated under the Markets in Crypto-Assets Regulation (MiCA). Trading will officially begin on August 28, 2024, at 10:00 AM UTC. Binance will introduce zero trading fee promotions for specific EURI trading pairs.

EURI Listing Details and Trading Pairs

Starting from August 28, 2024, Binance users will be able to trade the following spot trading pairs: EUR/EURI and EURI/USDT. Binance stated that there will be no BNB required as a listing fee for EURI, and withdrawals for EURI will be available from 10:00 AM UTC on August 29, 2024.

EURI Trading Pair Zero Fee Promotion

As part of the EURI listing, Binance will offer zero trading fees for the EUR/EURI and EURI/USDT spot and margin trading pairs. This promotion will start on August 28, 2024, and will continue until further notice. During this period, eligible users can enjoy feeless trading for both maker and taker orders. However, it is important to note that trading volumes from these pairs will not count towards VIP level calculations or liquidity provider programs.

What is Eurite EURI?

Eurite EURI is one of the first Euro stablecoins regulated under the Markets in Crypto-Assets (MiCA) framework in the European Economic Area (EEA). Issued by Banking Circle S.A., this stablecoin aims to complement the company's existing payment systems and ensure compliance with the strict standards set by EU regulatory authorities. The MiCA regulations safeguard consumer protection, transparency, and financial stability, making EURI a trustworthy and compliant choice.

Important Restrictions and Regional Limitations

Not all users will have access to these trading pairs. Users from Canada, Japan, the United States, and specific 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 with these pairs.