Does any one know any methods cryptocurrency exchanges earn their money? It cant be only fees for widrawal/deposit and operation comissions. There should be something more obscure. Can someon eshed some light on the topic.
For bigger exchanger with high daily trading volume even 0.20% trading fee will be enough to pull 100s of bitcoin in profit daily. But for new and low volume trading platform, they try to cover their running cost offering ICO service for new coins taking some % of collected ICO amount or offer to list just launched coins in their platform for certain fees.
Could you explain what "ICO service for new coins taking some % of collected ICO amount" means?