Quote from: diazepam666 on December 11, 2019, 06:28:48 PM

Quote from: todiboa on December 11, 2019, 06:19:10 PM

Quote from: erricducducan26 on December 10, 2019, 07:35:17 PM

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

If they does not reduce the fees for teh traders obviously the people who give the lesser fee than them will be capture the trading volume on their platform.
We just need focus on the good exchange also at the same time because the users are looking for good exchange first and then they want to have the fee also as a matter of it.

The reputation of the exchange, reliability, honesty are more important to me even if the fee is high. It will pay off because otherwise, an exchange with a low fee may turn out to be a scam or have weak protection and I will lose everything