Crypto exchange Binance to roll out zero-fee trading for ethereum

Binance, the world's largest cryptocurrency exchange by trading volume, will enable users to trade ethereum (ETH-USD) without having to pay any fees, according to a release dated Tuesday.Starting on August 26, users will be able to trade ether (ETH-USD) against Binance's native digital token binance coin (BNB-USD).The company's move, which aims to retain its user base and attract more customers, comes ahead of ether's (ETH-USD) long-awaited transition to a Proof-of-Stake consensus mechanism from Proof-of-Work.Towards the end of June, Binance.US to offer zero trading fee on bitcoin.