Ninjastic
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Topic
Board Bitcoin Discussion
Re: Where do exchanges get their Bitcoin?
by
BlockEye
on 22/10/2016, 22:40:28 UTC
Quote from: Vikingr on October 22, 2016, 10:26:32 PM
Quote from: Sharma on October 22, 2016, 09:14:14 PM
Quote from: CoinCarrie on June 16, 2016, 03:12:18 PM
Two that come to mind are Coinbase & Circle.  I did a quick google search, possibly wrong terms.  The information I got was useless.  I am sure this has been discussed.  If there is a good article/link on this it would be appreciated.
Fee for selling and buying and enlisting new coins to their exchange.For example purchasing bitcoin with credit/debit card,coinbase charge up to  3.99% service fee.Circle has different fee structure.I have seen some exchanges even have earnings from ads
Not much exchanges have ads on their websites but only those exchanges have ads which will be in the early stage and which will not have much coins to trade and which are unable to get any higher fees from the transactions because of their early stage.
Aside from ads and transaction fee. They get major of their profit on listing fee of a coin. Listing fee cost a lot of bitcoin. C-cex exchange site doesn't have ads and their transaction fee is very minimal so i think that they will not able to continue their site for small fee from transaction.