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Binance Revamps Fee StructureCoinGape
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79% Informative
Binance cryptocurrency exchange will revise its fee structure effective July 1 .
This marks a significant shift away from favorable conditions previously offered to prime brokers.
Prime brokers like Bequant will need to reconsider their business strategies as they lose the ability to offer lower trading fees.
The change aims to streamline trading fees, which could diminish the competitive edge brokers held and encourage traders to deal directly with Binance .
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