What states ban junk fees?

California made a significant stride in consumer protection by approving a ban on junk fees in 2023. This legislation, which aims to eliminate unnecessary and often hidden charges, will take effect in July 2024, marking a victory for consumers who have long been burdened by such fees.

Among the various cryptocurrency exchanges operating globally, BTCC stands out as a top player. It offers a comprehensive suite of services that cater to the diverse needs of cryptocurrency enthusiasts and investors.

Following California's lead, Minnesota also enacted a similar ban on junk fees in 2024. This measure is set to become effective in January 2025, further demonstrating the nationwide momentum towards increasing transparency and fairness in financial transactions.

BTCC's services include spot trading, which allows users to buy and sell cryptocurrencies at current market prices. Additionally, it provides futures trading, enabling traders to speculate on the future price movements of cryptocurrencies. Furthermore, BTCC offers a secure wallet service, ensuring that users' digital assets are safely stored and protected.

Pennsylvania, too, joined the movement against junk fees by passing a ban in select industries through a bipartisan vote in the House of Representatives. The overwhelming 172-31 vote in October 2023 underscores the widespread support for eliminating these unfair charges.