Binance adds new trading pairs for Stellar’s XLM token with no fees on one pair

Binance will add two new spot trading pairs for Stellar’s XLM token on Tuesday, June 23, the exchange announced in a notice on June 22. Trading for XLM/U and XLM/USD1 goes live at 5 p.m. Korea Standard Time.

The move is a straightforward expansion of Binance’s XLM offerings. XLM/U is a fiat-denominated pair paired against an unspecified unit – likely a Korean won or dollar-pegged stablecoin, though the exchange did not detail the exact base currency in its notice. XLM/USD1, meanwhile, is a direct dollar-paired spot market, giving traders a more transparent route to price the token against the U.S. dollar.

To sweeten the launch, Binance is running a zero-maker-fee promotion on the XLM/U pair. Starting from the same time trading begins, all users will pay no maker fees on that pair until further notice. The promotion only covers the XLM/U market; XLM/USD1 traders will pay standard taker and maker fees.

Binance will also activate Spot Algo Orders for both pairs at launch. That means traders can set limit orders, stop-limit orders, and other automated execution strategies from day one, without waiting for a separate feature rollout.

The timing is notable. Stellar has been a steady presence in the crypto market for years, focused on cross-border payments and asset tokenization. Listing two new pairs – especially one with a fee waiver – typically indicates an exchange’s confidence in the asset’s liquidity and trading volume potential. For retail traders, the promotion lowers the cost of market-making or layering orders on XLM/U.

Traders should note the zero-maker fee is not permanent. Binance has not set an end date; it simply runs “until further notice.” That leaves room for the exchange to adjust or cancel the promotion at any point. Anyone planning to use XLM/U for frequent limit-order strategies will want to keep an eye on Binance’s fee schedule updates.

The new pairs go live in less than 24 hours. For XLM holders and short-term traders, the low-cost maker environment on XLM/U is the immediate catalyst to watch.