Post
Topic
Board Development & Technical Discussion
Re: Who determines bitcoin transaction fees?
by
ranochigo
on 02/08/2021, 08:34:40 UTC
It could also be because said exchanges haven't designed an internal mechanism to adjust the fee of a user's transaction in the first place and just assigned a static constant for everybody regardless of network conditions.
Tracking the fee market and the fee rate is quite a simple thing to do and helps their user offset the costs of their transaction as well.

I'm almost certain that it is done for more profits and to a certain extent, helping the exchange to offset the costs of moving the funds within their on addresses as well.