Post
Topic
Board Exchanges
Re: Why Crypto Exchanges Should Lower Their Fees and Profit Margins
by
sana54210
on 13/12/2019, 07:16:53 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/
Zero fees? Nah I don't really see that happening. Maybe exchanges will agree to cut their fees by, let's say, half, but to make it a zero fees? That's not going to happen. What you have to know is that these fees are like a source of income for exchanges and they need the money to be able to continue their operation. If they stop the fees and start charging zero for their services, then I wonder where they will get the money to pay their workers and maintain their sites, pay engineers and all that. So they are not going to agree with such an idea.

But the truth is that, whatever you're looking for here , you will always find it. If you need zero fees, since poloniex is offering that, then you should go for it and leave other exchanges. Or if it need fees that is moderate, with better services and security, then there are also those that offer that.