Attention, retail traders! Binance Wallet, the former Binance Web3 Wallet, is launching a six-month zero-fee swap promotion that’ll have you rolling on the floor laughing! 🤣
That’s right, folks! Binance is trying to attract you with this amazing offer, but there’s a catch: you need to have a backed-up keyless address within Binance Wallet. No imported wallets with manually entered private keys or seed phrases allowed! 🔑
But wait, there’s more! Even though Binance is waiving its own trading fees, you may still have to pay network gas fees. 💸
“During the Promotion Period, trading fees for all swaps are waived. However, users will still need to pay for network gas fees.”
Binance
Binance first announced its crypto wallet in November 2023, claiming it “eliminates tricky seed phrases” and is better than a self-custodian crypto wallet with support for multi-party computation tech. However, shortly after the launch, Russian users started reporting losing access to the wallet. 😱
Binance later addressed the issue, stating that access to the wallet was restricted for “regulatory reasons.” The restriction came after Binance’s decision to exit Russia in September 2023, when it announced plans to sell its local business following a series of limitations, including restrictions on peer-to-peer trading for Russian users. 🇷🇺
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2025-03-17 14:24