At this point it is worth asking: Are trading fees too high?
In the market for traditional products, intermediaries get a big slice of the business. According to this CEO's statements and the results of the crypto industry it seems that the same case is being repeated here.
Unlike traditional markets crypto have a solution already available. Decentralized exchanges.
These allow transactions with very low or even zero fees.
If the DEXs are a solution to the high fees maybe it will be demonstrated in the next years.