Poloniex Removes Trading Fees for USD Coin (USDC)

Starting today and through the end of November, we won’t be charging trading fees for all USD Coin (USDC) trades on Poloniex. We are taking this step for two reasons: To encourage new customers to experience trading USDC on Poloniex and to show appreciation for our current customers. Our customers have been patient with us as we’ve worked to...

Starting today and through the end of November, we won’t be charging trading fees for all USD Coin (USDC) trades on Poloniex.

We are taking this step for two reasons: To encourage new customers to experience trading USDC on Poloniex and to show appreciation for our current customers.

Our customers have been patient with us as we’ve worked to enhance Poloniex’s infrastructure and operations. We’ve made significant progress since acquiring Poloniex earlier this year but know we still have a long way to go. We are dedicated to enhancing the customer experience in the coming months and years.

We encourage existing customers from now through November 30 to take advantage of this offer by starting to trade here and recommend new customers start trading USDC for the first time by going here. The current trading pairs on Poloniex for USDC are BCHSV/USDC, BCHABC/USDC, USDT/USDC (Tether), BTC/USDC (Bitcoin), and ETH/USDC (Ethereum).

You can read here about how Poloniex is the first exchange to offer pre-fork trading for the two tokens at the center of the debate about the pending Bitcoin Cash (BCH) hard fork: Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV).

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USDC, launched in September, has already seen widespread adoption in the crypto ecosystem. More than 50 exchanges, protocols, platforms, applications and wallets have embraced USDC and trading volume, including Circle activity, continues to grow. The circulating supply of USDC has surpassed 130 million. Sign up or sign in to tokenize US Dollars and redeem USDC with Circle’s USDC service here. It’s free to use the USDC tokenization service. Consumers can also acquire USDC via Coinbase.

As always, we welcome feedback. Please reach out to us on Twitter or through our Support Center.

-The Poloniex Team

Source: blog.circle.com