Post
Topic
Board Exchanges
Re: Why Crypto Exchanges Should Lower Their Fees and Profit Margins
by
coin-investor
on 12/12/2019, 04:27:16 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/

Part of the article that I find interesting is
Quote
Poloniex is one that has offered zero-fee trading until the end of the year but it remains to be seen yet if it will continue the practice into 2020.
I hope they can continue to do and make it a permanent feature of the exchange, but I have doubt if those industry leaders in exchange will follow suit, because the hacking is a huge issue, and they are securing traders funds in case of a breach.