• 18/06/2024 04:09

Binance has fixed the problem of automatic cancellation of P2P orders

On Thursday, April 4, users of the Binance cryptocurrency exchange from Ukraine complained about the inability to make P2P agreements on the local market. This is reported by ForkLog.

Binance has fixed the problem automatic cancellation of P2P orders

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When creating an order to sell USDT in hryvnia, the system automatically canceled it. The problem persisted for several hours.

Binance has fixed the issue with automatic cancellation of P2P orders

The Binance technical team soon reported that the issue had been resolved. It arose due to the introduction of a fixed commission for takers.

Taker commissions

Previously, the crypto exchange stated that from March 19, 2024, it will begin to gradually apply a fixed taker commission (fee for the purchase/sale of an exposed orders) in the amount of 0.05 USDT to trading pairs with USDT on selected fiat markets in the P2P zone. Among others, this will affect the USDT/UAH pair.

Binance has fixed the problem of automatic cancellation of P2P orders

The implementation of the taker commission will be completed before the end of June 2024.

Maker commission rates (fee for placement of a limit order) in the P2P zone remain unchanged.

minfin.com.ua

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