The crypto market is ushering in a major announcement. Bitfinex, a well-known exchange, has just announced a bold adjustment to its fee policy—all Maker and Taker fees across all trading categories will be set to 0.

This adjustment covers a wide range of services: including spot trading, margin trading, derivatives trading, Bitfinex Securities, and OTC trading, among others. In other words, whether you're trading spot or leverage, derivatives or OTC, this change applies to all.

As a sibling company of Tether, Bitfinex's move has caused quite a stir in the industry. What does a zero-fee strategy mean? For traders, trading costs are directly minimized; for the platform, it’s a battle for liquidity and market share. This significant fee adjustment reflects the intense competition among exchanges and prompts a reevaluation of the entire market’s pricing logic.

It’s important to note that in the crypto trading space, transaction fees have always been a major source of revenue for exchanges. Dare to completely eliminate them, and there must be a deeper business logic behind it.