Post
Topic
Board Exchanges
Re: Why Crypto Exchanges Should Lower Their Fees and Profit Margins
by
acdc
on 11/12/2019, 11:19:54 UTC
The crypto industry has yet to evolve from exchanges which are nothing more than digital banks in reality. A couple are taking bold moves to slash their fees but how many others will follow and how will it affect the wider crypto industry.

https://bitcoinist.com/why-crypto-exchanges-should-drop-their-fees-and-profit-margins/
https://poloniex.com/fees/
poloniex still prioritizes promotional objectives until the end of the year, they also cannot be used as a benchmark. if they really intend to be serious, the same promotion must also be conducted for poloniDEX. In general, we all think a lot of things have changed, but their services have proven popular, even users don't always see the fees set, in the end the business must still benefit the owner.
Polo deleted my friend's account, they don't have any notifications. He tried to contact support but just received silence. At the present time the email that he uses to register for the polo exchange can create a new account.
Therefore, transaction fees are not as important as reputation. Even when the polo brings the transaction and withdrawal fees to zero I never use the polo exchange, it's too dangerous for my assets.