Binance Overhauls Fee Structure, Forcing Prime Brokers to Reevaluate Strategies

Binance increases broker user fees, impacting prime brokers’ competitive edge and encouraging direct trading on its platform. Binance will overhaul its fee structure starting July 1, impacting the favorable conditions previously available to prime brokers. Prime brokers like Bequant will need to reconsider their business strategies as they lose the ability to offer lower trading

Source: CoinOtag