June 6, 2023

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Justin Sun Working With Binance To Reduce Tron’s Withdrawal Fees By CoinEdition

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Justin Sun Working With Binance To Reduce Tron’s Withdrawal Fees

Binance recently increased the Tron network withdrawal fee on its platform. The fee hike ranged from 160% to 1400% per withdrawal. Tron founder Justin Sun has assured users that he is working with Binane to reduce the withdrawal fees.

Justin Sun, the founder of Tron, has addressed the recent hike in the withdrawal fees from Binance on its platform. The increase in withdrawal fees was promoted by the approval of proposal 83 by the Tron community, which changed the energy charging mechanism to dynamic energy model.

We are working closely with #Binance and actively exploring solutions that would reduce withdrawal fees of #TRON stablecoins and tokens on the exchange.

We remain committed to making crypto trading more affordable for everyone.

— H.E. Justin Sun₮ (@justinsuntron) February 11, 2023

In a Twitter thread posted earlier today, Justin Sun, who also leads the popular crypto exchange Huobi, informed his followers that he was working closely with fellow crypto exchange Binance and actively exploring solutions that would bring down the withdrawal fees of Tron stablecoins and tokens on the exchange.

“At TRON, we are dedicated to building a netwo…

The post Justin Sun Working With Binance To Reduce Tron’s Withdrawal Fees appeared first on Coin Edition.

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