Cryptocurrency

Huobi Announces Zero Fee Trading For XRP, ADA, LUNC, ETC, SOL, DOGE, EOS. Here’s the Significance

Huobi Global, the Seychelles-based crypto trading platform, has recently announced zero-fee trading for a number of cryptocurrencies, including XRP, Cardano (ADA), Terra Classic (LUNC), Ethereum Classic (ETC), Solana (SOL), Dogecoin (DOGE), EOS, among others, as the exchange launches spot trading for 12 USDD pairs.

The new development was announced a few hours ago via Huobi Global’s official Twitter handle. This free trading is introduced by the exchange to encourage the adoption of the newly launched USDD trading pairs.

Read Also: Terra Classic (LUNC) Outshines Bitcoin On KuCoin, Wins Huobi’s Support For 1.2% Tax Burn

According to the report, the 12 assets paired with USDD include Cardano (ADA), XRP, Terra Classic (LUNC), Dogecoin (DOGE), Solana (SOL), EOS (EOS), Polkadot (DOT), NEAR Protocol (NEAR), Ethereum Classic (ETC), Filecoin (FIL), and ApeCoin (APE).

The report added that the zero-fee trading for the pairs listed above will last till December 31, 2022. This implies that users have less than two months to benefit from this opportunity.

The detailed arrangement as seen in the blog post captioned in the announcement is as follows:

  1. ADA/USDD [open pair at 07:00(UTC) November 8th, 2022].
  2. APE/USDD [open pair at 07:00(UTC) November 8th, 2022].
  3. DOGE/USDD [open pair at 07:00(UTC) November 8th, 2022].
  4. DOT/USDD [open pair at 08:00(UTC) November 8th, 2022].
  5. EOS/USDD [open pair at 08:00(UTC) November 8th, 2022].
  6. ETC/USDD [open pair at 08:00(UTC) November 8th, 2022].
  7. FIL/USDD [open pair at 09:00(UTC) November 8th, 2022].
  8. LUNC/USDD [open pair at 09:00(UTC) November 8th, 2022].
  9. MATIC/USDD [open pair at 09:00(UTC) November 8th, 2022].
  10. NEAR/USDD [open pair at 10:00(UTC) November 8th, 2022].
  11. SOL/USDD [open pair at 10:00(UTC) November 8th, 2022].
  12. XRP/USDD [open pair at 10:00(UTC) November 8th, 2022].

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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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