How much does an exchange( for eg) coinbase, which is no where near the biggest.
BitcoinUSD runs about 20000 traded per day
each traded of the 20000 at top rate sees the coinbase get around 45usd
I don't understand how they can charge so much.
And then they have numerous other pairs traded.
The reason why coinbase have such high fee structure means it was an regulated exchange so they need to pay taxes for their earnings which also included in the trading fee of every trade.It is one of the best place we can buy bitcoins and some other cryptos using fiat or other buying methods without risks so paying such fee will be worth. BitcoinUSD runs about 20000 traded per day
each traded of the 20000 at top rate sees the coinbase get around 45usd
I don't understand how they can charge so much.
And then they have numerous other pairs traded.
