- No withdrawal fees: Binance launched a limited-time promo allowing zero-fee USD1 withdrawals on BNB Smart Chain starting May 23, 2025.
- USD1 gains traction: Launched in April, USD1 has already reached a $2.1B market cap, becoming the 6th largest stablecoin.
- More Binance perks: The exchange also slashed trading fees on select tokens and introduced one-second charts for futures traders.
Binance (BNB), the world’s biggest crypto exchange by volume and users, just kicked off a fresh promo — and it’s all about USD1, one of the newer stablecoins making waves.
Zero Fees for USD1 Withdrawals
As of May 23, 2025, Binance is running a limited-time campaign where users can withdraw USD1 on BNB Smart Chain without paying any fees. Yup, it’s free. This perk is open to all users on the BNB Smart Chain (BSC), Binance’s own smart contract network.
The move follows Binance’s recent listing of USD1 on its spot and futures trading platforms just the day before — May 22. This is part of a broader push by Binance to ride the current bullish sentiment in the crypto market.
More Perks and Upgrades
Binance has been busy lately. It recently dropped trading fees to 0.01% on a bunch of tokens like B2, AGT, PRAI, FAIR3, and a few others on its Alpha DEX. They also rolled out one-second charts for futures traders — giving users a sharper edge on fast-moving price swings.
USD1’s Rapid Rise
USD1, created by World Liberty Financial, is climbing the ranks fast. In just 30 days since its April 22 launch, the stablecoin has racked up over $2.1 billion in market cap — placing it as the sixth-largest stablecoin already.
To break into the top five and overtake DAI, it’ll need to cross $3.6 billion. Still, the growth has been crazy quick, and Binance backing it with zero-fee withdrawals could fuel that momentum even more.
So for now, if you’re using Binance and working with USD1 on BSC — enjoy those zero fees while they last.
