rosemary4u
Jr. Member
Offline
Activity: 392
Merit: 1
|
|
June 01, 2018, 05:32:05 PM |
|
The exchanges deserve to earn much money from trading activities since they provide a platform for trading. Cryptocurrency exchanges are integral part of the world of cryptocurrency, exchange sites play a crucial role in the successful functioning of the various assets or tokens used. Hence I think it is really cool if they earn much money from their hard work
|
|
|
|
Babylon
|
|
June 01, 2018, 06:01:50 PM |
|
Yes exchange have a huge earning from people who are using their website to trade , But they are also using that money to improve their website or to keep their website trustworthy, They need money to keep their transaction smooth and to upgrade their system and security from time to time to keep their clients safe.
|
|
|
|
doublecoins
Newbie
Offline
Activity: 154
Merit: 0
|
|
June 01, 2018, 06:12:22 PM |
|
Bitcoin exchange earnings are now compared to 150 years old Bank called deutsche bank and binance profits are same
|
|
|
|
mikki14
|
|
June 01, 2018, 06:28:10 PM |
|
I also thought about that. It makes me want to gather all my IT friends and make an exchange with lowest posible gas/transaction fees, haha. Or at least an app, but we are lacking of connections, dedications, and resources. Also most of them were not into crypto so it's burried plan.
|
|
|
|
Veterock
Member
Offline
Activity: 238
Merit: 15
|
|
June 04, 2018, 02:51:27 PM |
|
Yes, the percentage that takes the stock exchange is simply predatory! I hope the new OAX exchange breaks this tradition)
|
|
|
|
Dico88
|
|
June 07, 2018, 11:39:46 PM |
|
Nothing can get in the way of others to open their own exchanges and this should be able to get the reputation it needs to participate in such a pass. Of course you can have the knowledge to be able to do such a thing later.
|
|
|
|
Financial Freedom 4U
Member
Offline
Activity: 98
Merit: 31
Stable coin to make charity free for everyone
|
|
June 08, 2018, 05:15:55 AM |
|
Believe it or not but Binance makes more profit than Deutsche Bank
|
╔══// PixelCharity // Stable coin to make charity free for everyone // Pixel Charity // ══╗ ╠═════════ Telegram ─── Bitcointalk ─── Bounty ─── Join Here ══════╣ ╚ Maybe the easiest way to help those in need without spending money! ╝
|
|
|
Bruce | Atomine Support
Newbie
Offline
Activity: 28
Merit: 0
|
|
June 08, 2018, 05:38:09 AM |
|
People are just insatiable. They should be helped to learn.
|
|
|
|
viewpaker
Newbie
Offline
Activity: 98
Merit: 0
|
|
June 08, 2018, 05:42:21 AM |
|
Crypto Exchanges now are more profitable than banks
|
|
|
|
boy130
|
|
July 09, 2018, 06:55:23 PM |
|
Bit of a necrobump, but thought I'd contribute this. Binance are currently making over $1m per day in transaction fees. However lot of the money from an exchange (any that offer referrals) is actually handed back out to the exchange users via referral schemes. Still, they probably end up with at least 50% of the number that you described. It's a wonder how these exchanges ever go bankrupt, or even when they get hacked they should easily be able to refund their customers out of the millions they've made.
|
|
|
|
gamechangers
Member
Offline
Activity: 392
Merit: 10
|
|
August 01, 2018, 07:40:30 PM |
|
Good analysis from the OP. I thought I was the only one thinking same thing. No wonder several exchanges are emerging day after day. That is why I marvel each time I hear of big exchange hacking. I think these exchanges are buoyant enough to be able to secure the platform.
|
|
|
|
Marko Freud
Newbie
Offline
Activity: 2
Merit: 0
|
|
August 08, 2018, 09:37:17 AM |
|
Not crazy trading volumetric Binance is much higher
|
|
|
|
Maritza Evans
Newbie
Offline
Activity: 9
Merit: 0
|
|
August 08, 2018, 09:55:06 AM |
|
The more people are interested in the cryptocurrency market, the volume of trading will increase day by day, I am not surprised.
|
|
|
|
CharityTerry12
Newbie
Offline
Activity: 28
Merit: 0
|
|
August 08, 2018, 09:56:00 AM |
|
I do not assume they're loopy in any respect they had been supposed to be an area where you may get cozy with your advertising talents and in change of all this the web site proprietor or i'm able to say the trade proprietor will get a commission from every of your movements. regardless of what you do even in case you are training together with your money then also this object is going to earn cash from your movements. trading works and desk to the whole thing so you can pick their trade for all of your transactions. however is pretty herbal if you could gather like a hundred thousand makes use of and you may say all of them to position 100 satoshis that you're going to get a lot of cash.
|
|
|
|
|