🚀 GasHawk Secures $1.6 Million Pre-Seed Funding to Expand Services
#GasHawk #Funding #PreSeed #Cryptocurrency #TransactionFees #Investors #Expansion #AtomicUnit #Fintech #RetailUsers #InstitutionalUsers
According to Foresight News, transaction fee service provider GasHawk has successfully raised $1.6 million in a pre-seed funding round. The investment was led by 3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy, and several angel investors. The newly acquired funds will be utilized to further expand GasHawk's transaction layer IP and develop new services centered around the Atomic Unit in the cryptocurrency space.
GasHawk's model is designed to predict and execute the lowest base fees within any given time interval. Both retail and institutional users can set time sensitivity for their transactions (TX) and seek the best execution method within that period.#GasHawk #Funding #PreSeed #Cryptocurrency #TransactionFees #Investors #Expansion #AtomicUnit #Fintech #RetailUsers #InstitutionalUsers
🚀 ZA Bank Launches Cryptocurrency Trading Services for Retail Users
#ZABank #CryptocurrencyTrading #RetailUsers #Bitcoin #Ethereum #HongKong #InvestmentAccount #Cryptocurrency #TradingServices #FinancialInnovation #BTC #ETH
According to BlockBeats, ZA Bank in Hong Kong has announced its position as the first bank in Asia to offer cryptocurrency trading services to retail users. Starting November 25, the bank's app will facilitate the buying and selling of Bitcoin and Ethereum using Hong Kong dollars and US dollars.
Hong Kong residents can access these services by opening an investment account with ZA Bank and completing a risk assessment process. The entry fee for trading is set at $70 or HKD 600, with a transaction commission of $1.99 or HKD 15 per trade. Additionally, a platform fee of 1.5% of the transaction amount is applied, with a minimum charge of $1.99 or HKD 15 per transaction. However, the bank has announced a waiver of the commission fee and a reduction of the platform fee to 0.8% of the transaction amount until the end of June next year.#ZABank #CryptocurrencyTrading #RetailUsers #Bitcoin #Ethereum #HongKong #InvestmentAccount #Cryptocurrency #TradingServices #FinancialInnovation #BTC #ETH
🚀 Binance Futures to Launch Retail Price Improvement Feature on November 20
#Binance #Futures #RetailPriceImprovement #RPI #Liquidity #MarketConditions #Trading #RetailUsers #PostOnlyOrders #MakerOrders #TakerOrders #API #TradingFeature #Cryptocurrency #FeeStructure #MarketLiquidity #BinanceAnnouncement
According to the announcement from Binance, the platform is set to introduce the Retail Price Improvement (RPI) Order feature on November 20, 2025. This initiative aims to enhance market liquidity and provide retail users with improved execution quality. The RPI Orders are designed to be post-only, ensuring they always add liquidity to the order book as maker orders, rather than executing as taker orders. This mechanism is intended to support deeper liquidity and improve trading conditions for retail participants.
The RPI Orders will exclusively match with non-algorithmic taker orders, creating a more balanced trading environment for retail users. These orders will not be visible to or accessible by API takers, further supporting a fair trading landscape. All users eligible for Binance Futures will have access to the RPI Order feature, although API users are advised to review integration details and update their systems accordingly to support the new order type.
Initially, the RPI feature will be available on selected symbols, accompanied by a special fee structure designed to incentivize participation and enhance liquidity. Binance plans to complete the full launch of the RPI function by November 20, 2025, although users may not have access to this function until after this date. The announcement notes that products and services mentioned may not be available in all regions. For detailed information on RPI Orders, including eligible symbols, trading behavior, and fee schedule, users are encouraged to refer to the FAQ section provided by Binance.#Binance #Futures #RetailPriceImprovement #RPI #Liquidity #MarketConditions #Trading #RetailUsers #PostOnlyOrders #MakerOrders #TakerOrders #API #TradingFeature #Cryptocurrency #FeeStructure #MarketLiquidity #BinanceAnnouncement
🚀 Binance Reduces USD Withdrawal Fees via SWIFT Bank Transfer
#Binance #USDWithdrawal #SWIFT #BankTransfer #TransactionFees #UserExperience #FinancialServices #CostEffective #Inclusivity #RetailUsers #CorporateUsers #FeeReduction #FinancialOperations #PlatformEnhancement
According to the announcement from Binance, the platform has implemented a significant reduction in transaction fees for USD withdrawals via SWIFT bank transfer. This change is effective immediately and applies to both retail and corporate users. The withdrawal fee for direct USD transfers through SWIFT has been lowered from $60 to $25 per transaction. This adjustment reflects Binance's ongoing commitment to enhancing user experience and accessibility.
Binance has emphasized that USD deposits via SWIFT bank transfer will continue to incur no fees on their platform. However, users should be aware that local banks may still impose their own fees on these transactions. This initiative is part of Binance's broader strategy to offer more cost-effective and seamless financial services to its users. The reduction in fees is expected to benefit users by making transactions more affordable and accessible, aligning with Binance's goal of improving financial inclusivity.
The announcement also highlights Binance's dedication to providing efficient services, although it notes potential discrepancies between the original English content and any translated versions. Users are advised to refer to the original English version for the most accurate information. This fee reduction is part of Binance's efforts to streamline financial operations and enhance the overall user experience on its platform. The company remains focused on delivering value to its users through strategic adjustments and improvements in its service offerings.#Binance #USDWithdrawal #SWIFT #BankTransfer #TransactionFees #UserExperience #FinancialServices #CostEffective #Inclusivity #RetailUsers #CorporateUsers #FeeReduction #FinancialOperations #PlatformEnhancement