Bybit to Follow Binance by Introducing Zero Fee Trading
Trading companies are moving to waive trading fees to attract more customers and to make crypto as accessible and inclusive as possible. Bybit, one of the biggest derivative exchanges, has introduced a feature that will have zero fees for all spot trading. It is a move seen as too good to be true, and investors are questioning whether they are rebalancing profits elsewhere.
The announcement, which has been viewed as a marketing strategy to attract more customers, will also reward new customers seeking to use the spot trading feature with up to $600 as a thank you for signing up. Among other perks the company has introduced, include zero-fee promotion and this will not be applicable to pending order fees incurred before the promotional event which begins on September 6.
Source
https://t.me/DeFi_Ethereum
