Binance US has reduced fees to near-zero as its U.S. market share plummeted to just 0.20%. Despite the fee cuts, trading volumes remain low, with the platform’s share of U.S. dollar-supporting exchange volume dropping significantly. Binance.US’s current daily trading volume is only $15.5 million compared to competitors like Coinbase and Kraken. The exchange’s regulatory troubles have led to a sharp decline in market share and trading activity. Binance.US plans to rebuild its market position in 2025 with new features and products under more favorable regulatory conditions.

Read more at Yahoo Finance: Binance US Cuts Fees to Near-Zero as Trading Volumes Collapse to 0.20% Market Share