How do Online Wallets Survive ??

[zenitzz]

I do not know why they can survive possible from ads that are installed on their website and it being their income.

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[sbtctalk]

Alternatively, they are burning their cash and waiting for buy outs from VCs ?

[GregH37]

I do not know why they can survive possible from ads that are installed on their website and it being their income.

of course they are getting revenue from ads. they have huge sponsors for their sites. but in the other side they do various things to  survive. like above guy said all wallets have their on exchange where people can buy sell bitcoins.
and one more thing is the transaction fees. they will gain huge money with daily transactions.

[salmanahmedone]

Most operate under mining pools and the fees made during online wallet transactions are used for the mining pools, so they are certainly making a profit.

[zenitzz]

Many of the online wallets services (like coinbase, blockchain, xapo, etc.,) having their own exchanges and they'll have some fees. OR if  wallet doesn't have its own exchange (blockchain.info) there will be some ads on that website. I think this is the way that they're live (?).

I think their income not come from fees but from other we never know as we know if the fee transaction is for the miner.

[TastyChillySauce00]

Many of the online wallets services (like coinbase, blockchain, xapo, etc.,) having their own exchanges and they'll have some fees. OR if  wallet doesn't have its own exchange (blockchain.info) there will be some ads on that website. I think this is the way that they're live (?).

I think their income not come from fees but from other we never know as we know if the fee transaction is for the miner.

definitely not the fees,when you input a fees all the fees that you're just input is not being cut off by the online wallet,it's all to pay the miner fee for the transaction,for proof,if you use blockchain,copy the transaction id (tx) and then explore it in another blockchain explorer and then the fee will remain the same as you input before

[zenitzz]

Many of the online wallets services (like coinbase, blockchain, xapo, etc.,) having their own exchanges and they'll have some fees. OR if  wallet doesn't have its own exchange (blockchain.info) there will be some ads on that website. I think this is the way that they're live (?).

I think their income not come from fees but from other we never know as we know if the fee transaction is for the miner.

definitely not the fees,when you input a fees all the fees that you're just input is not being cut off by the online wallet,it's all to pay the miner fee for the transaction,for proof,if you use blockchain,copy the transaction id (tx) and then explore it in another blockchain explorer and then the fee will remain the same as you input before

I know about it but he tell if online wallet get income from fees transaction so from where online wallet get income by run this business.

[ivanst776]

There are many online wallets like Xapo and Coinbase that do not charge any transaction fees or they pay that fees by themselves. I want to know that how would they profit from paying for their user's transaction fees ?
If no fees is charged then the transaction take a much long time or even might get cancelled !

If they had only one feature to offer the service of an online bitcoin wallet then they couldn't survive by covering the fees.

But as we know they have other services like exchanges for usd/btc and ethereum recently (coinbase) so they take fees on every exchange.

Xapo besides exchange service they have also the bitcoin debit card which they take a fee as well.