The Bennes American platform has reduced its costs to levels close to its net after the American market has decreased to 0.20%. According to an official platform article on X today, the manufacturer’s costs were 0.0%, 0.01% on more than 20 pairs of digital currencies, in particular Ethereum-Eth, Solana-Sol, Binance Coin-BNB and Cardano currency (Cardano -Ada), without any requirement linked to subscriptions to the platform or the volume of negotiation.
Despite these enormous discounts, trading volumes through the platform are still very low, because its share has decreased for the size of the US dollar which is negotiated by around 10% in the past to around 0.20% in August.
The current daily negotiation volume of the platform is around $ 15.5 million, compared to $ 2.9 billion for the Coinbase and $ 1.3 billion for the Kraken platform – if we consider the regulatory negotiation volume – according to Coininecko data.
The largest US Stoke platform now has some of the lowest costs.
TRADE ETH, SOL, BNB and 20+ Traffic active on certain USD / USDT pairs with negotiation costs of 0% *.
Build your conviction and exchange with Confense. Only on https://t.co/azwoboh0gq.– Binance.us
(@Binanceus) September 10, 2025
From pioneer of zero graphics to a secondary idea on the market
The latest graphic discounts are the second major attempt by the American Pinns platform to increase its market share thanks to radical changes in its pricing system, after initially authorized the Bitcoin-BTC trading at no cost in June 2022.
This immediate trading included four pairs, which are the pair of Bitcoin / Dollar currencies (BTC / USD), Bitcoin / BTC / USDT, Bitcoin / USC / USDC and Bitcoin / BTC / Busd, and Ethereum Currency was added (Ethereum) in December 2022.
The negotiation volume decreased by 99%, from around 5 billion dollars per week in March 2023 to around 40 million dollars in September 2023, following the complaint of the American Committee on Securities and Exchanges (SEC) against the platform.
In June 2023, the American Committee on Securities and Exchanges (SEC) accused 13 accusations of the Bennes platform, the CEO Chengpeng Zhao and the American Pinns platform linked to the exploitation of the platform as an unregistered goalkeeper and market manipulation.
Within 24 hours following the trial, the platform underwent total losses of $ 1.43 billion, while traders fled for fear of freezing their money. Immediately, the banking partners reduced their links with the platform, forcing them to suspend the deposits of the US dollar and warn customers not to withdraw their dollar before the services stop completely.
The platform continued to operate as a digital currency negotiation platform only for 19 months until February 2025, when it restored the deposit and withdrawal services with currencies via banking transfers via the Automatic Compensation Network (ACH). Even after the American Committee on Securities and Exchanges (SEC) abandoned them against the platform voluntarily in May 2025, its traffic activities were not considerably recovered despite the major legal risks.
@Secgov And @binance The legal shock ends while the American regulator abandons the trial. #Binance #SECONDhttps://t.co/qlz11yog4n – cryptonews.com (@cryptonews) May 30, 2025
After that, the platform added more than 20 currency pairs to the new low-cost model, and all the currency pairs are now subject to 0.01%, while maintaining market costs at 0%.
Can the pricing system alone help recover the affected platform?
Thanks to the structure of current costs, the American Pinns platform has become the lowest costs on the American market, higher than the Coinbase platform-which reduced the costs of manufacturers / adopted by 0.40% / 0.60% respectively-and the usual Kraken platform fees of 0.16% / 0.26%.
However, competing platforms have established their place on the market during the period of organizational difficulties that the Bennes American platform suffered, because the Québis platform maintained its American market share of around 60 to 65%, and recorded a trading volume of $ 393 billion in the first quarter of 2025.
For its part, the Krakin platform ranked second with a negotiation volume of $ 186.8 billion in the second quarter of 2025, and it recently acquired the Ninjatrader platform for $ 1.5 billion to extend its financial derivative offers.
Similarly, observers in the sector have indicated that discounts on the costs are not sufficient to overcome the drop in confidence and the fears of liquidity which occurred during the 19-month period, during which the platform did not provide cash in cash.
The proportion of the institutional adoption of the American Pinns platform remains low compared to its competitions such as Abis, which manages more than $ 400 billion in assets and provides considerably guardianship services.
Above this, the platform is linked to the Global Company of Pinns to raise questions about organizational compliance with potential institutional customers, even after the question of the American securities committee and exchanges and the change of management.
On the other hand, organizational uncertainty has led to the reluctance of institutional investors to risk in platforms that had previously been subject to application procedures, whatever the results of these problems. For its part, the temporary CEO Norman Reed said in December 2024: “I think that 2025 will be a special year for the American Pinns platform, because our team is doing their best to restore the platform its previous glories.”
Consequently, the platform plans to launch new features and expand its products throughout 2025, in order to restore its position inside the market in light of favorable organizational conditions after the position of the Trump administration supporting digital currencies.
The post, the American platform Binance US, reduces its graphics for zero rapprochement after its market share reduced to 0.20% appeared first on Arab Cryptonews.