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Upbit cuts Bitcoin and USDT trading fees 80% amid exchange fee war

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  • Upbit cut Bitcoin and USDT market fees to compete with Korbit and Coinone.
  • Fees fell 80%, from 0.25% to 0.05%, beginning on the 29th.
  • Korbit’s RLUSD volume reached 93.5% of its trading value, raising wash-trading suspicions.
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