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1721  Economy / Exchanges / Re: How exchanges like localbitcoins make profits? on: June 05, 2017, 05:18:49 PM
One of there major income is from the fees they charge which is 0.5%. The also have profit from trading or buying and selling bitcon because they have different buying and sellingrates of bitcon. We buy bit coin at higher rate and sell it at lower rate so it give them an extra large ammout of income other than fees the charge and the gain much income than we think ..
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