Post
Topic
Board Bitcoin Discussion
Re: Why Crypto Exchanges Should Lower Their Fees and Profit Margins
by
todiboa
on 11/12/2019, 18:19:10 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/

I do not think that something can be expected from other exchanges after one exchange has reduced a fee. This is absolutely unprofitable because this is the main earnings of the exchanges is a fee, a decrease of a fee to zero will greatly reduce income