BREAKING
317d 19h ago

BNB Chain Extends ‘Zero Gas Fee Carnival’ for Stablecoins Until June 2025

BNB

BNB/USDT

$697.84
-8.47%
24h Volume

$1,638,552,094.59

24h H/L

$765.33 / $686.00

Change: $79.33 (11.56%)

Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$691.28

-0.86%

Volume (24h): -

Resistance Levels
Resistance 3$855.803
Resistance 2$736.5647
Resistance 1$693.4267
Price$691.28
Support 1$686.4333
Support 2$653.347
Support 3$565.3544
Pivot (PP):$693.4267
Trend:Downtrend
RSI (14):21.4

In a significant development for the crypto community, BNB Chain has decided to extend its highly anticipated “Zero Gas Fee Carnival” event until June 30, 2025. Official sources confirm that this initiative aims to encourage the adoption of stablecoins, facilitating seamless transactions with gas fee waivers. The current selection of eligible stablecoins includes leading options such as USDT, USDC, and FDUSD. Since its inception in September last year, the Carnival has successfully absorbed over $3 million in gas fees for stablecoin transfers.

Centralized exchanges like Binance, Bitget, and MEXC are prominently endorsing this event, while wallets such as SafePal and Trust are also on board. Notably, users can now transfer assets to the BNB Chain via cross-chain bridges like Celer and cBridge without incurring any cross-chain fees. Additionally, the Carnival encourages participation in various DeFi protocols available on the BNB Chain, potentially enhancing stablecoin yields for users.

Share News:
Don't Miss Breaking News