Topic: Where do exchanges get their Bitcoin? - page 4. (Read 3888 times)
maybe you can try vip.bitcoin.co.id
And the exchange getting the bitcoin for free from the miners?I don't think so, but I believe if the exchanger is already having some funds at starting their exchange site and later we will get more amount if there are a developer is wanna for sign in their coin into the exchange site and they also get their bitcoin from giving a tax for their users.
Why should miners give free bitcoins to exchange. Everybody is doing their business then how come a freebie will come to play here. Miners will need to sell some of their block rewards time to time for managing their mining activities. Then obviously they will hit exchange for the need of running costs for the mining farm. Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I wonder why you never found an answer....
They mine their own and get the rest from buying peoples bitcoin that is why they are called an exchange so they can exchange. That really was a stupid question I mean honestly.
Question is where do exchanges get their Bitcoin?
Well all bitcoin come from miners and all bitcoin distributed to people using exchanges.Some bitcoin goes to cold storage and most of the bitcoin are selling using exchanges.If you told about how they got profited then most of the exchanges got profit transaction fees.Some exchanges also invest on bitcoin and got profited.
Well all bitcoin come from miners and all bitcoin distributed to people using exchanges.Some bitcoin goes to cold storage and most of the bitcoin are selling using exchanges.If you told about how they got profited then most of the exchanges got profit transaction fees.Some exchanges also invest on bitcoin and got profited.
Talking about coinbase, they have trading platform attached so i think when you try to buy bitcoin from coinbase than they will take sell orders from exchange platform and add fee to that price and give you tentetive price per bitcoin. So basically they don't need to hold bitcoin themselves as in exchange platform there will be always sell order, what they earn is those fee above market price.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
People who register accounts at these exchanges deposit bitcoins in order to
buy altcoins.This is how they get bitcoins,i guess.
If all the exchanges buy btc from Coinbase and Circle,then how Coinbase and Circle get their bitcoins?
And the exchange getting the bitcoin for free from the miners?I don't think so, but I believe if the exchanger is already having some funds at starting their exchange site and later we will get more amount if there are a developer is wanna for sign in their coin into the exchange site and they also get their bitcoin from giving a tax for their users.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
People who register accounts at these exchanges deposit bitcoins in order to
buy altcoins.This is how they get bitcoins,i guess.
If all the exchanges buy btc from Coinbase and Circle,then how Coinbase and Circle get their bitcoins?
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
People who register accounts at these exchanges deposit bitcoins in order to
buy altcoins.This is how they get bitcoins,i guess.
If all the exchanges buy btc from Coinbase and Circle,then how Coinbase and Circle get their bitcoins?
They make money off every buy/sell order you have. Also, most of them are restarts of exit scammers, so they have lots of starter cash out of thin air.
Also, the ads that most of them bomb your computer with helps too.
Go ahead, click on the link to that exchange below, I'm daring you to now
(Jokes)
Also, the ads that most of them bomb your computer with helps too.
Go ahead, click on the link to that exchange below, I'm daring you to now
(Jokes)
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I think they got it from many ways. before the did this exchanges business, they need financial capital that probably they got from the seller or from their job incomes, etc.
so when they have this first financial capital, they can open exchange service. so they exchange crypto to fiat or the opposite.
They have a lot of capital on establing an exchange site, We can notice that the buy and sell price they offer is much higher on the normal price of the coin and they also deducting for every transaction we made. I think in that way exchange get there money to continue running their site
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I think they got it from many ways. before the did this exchanges business, they need financial capital that probably they got from the seller or from their job incomes, etc.
so when they have this first financial capital, they can open exchange service. so they exchange crypto to fiat or the opposite.
i think exchangers buying it when the price just seems so profitable,and i think how exchangers could get profit is like when people doing trading,buying at the low price and selling it in the higher price,thing that make it different,exchangers can't sell the bitcoin immediately as traders does
I think exchange does not have to trade to get the bitcoin. It can just get the bitcoin from the trading fees.
an exchange that trades would be not very smart. because nobody can say where the price will go and so there would be the possibility of losing money.
to start an exchange you need some money anyway. a part of this you will invest in a couple of bitcoins to start with, but here is how exchanges usually work.
the bring a seller and a buyer together and just exchange the goods and take a cut. so they can never make a bad deal and the profits just have to be bigger then your cost.
i think exchangers buying it when the price just seems so profitable,and i think how exchangers could get profit is like when people doing trading,buying at the low price and selling it in the higher price,thing that make it different,exchangers can't sell the bitcoin immediately as traders does
I think exchange does not have to trade to get the bitcoin. It can just get the bitcoin from the trading fees.
i think exchangers buying it when the price just seems so profitable,and i think how exchangers could get profit is like when people doing trading,buying at the low price and selling it in the higher price,thing that make it different,exchangers can't sell the bitcoin immediately as traders does
well everyone get them from mining, especially from those first early adopter and when the reward was higher(50 per block) there were many coins in circulation in a shorter time frame
from there you get the current spread
i think that exchanges dont mine it in my opinion they just buy some coins from others for the beginning and that is basically it from there you get the current spread
Where do exchanges get their Bitcoin?
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.
I was always wondering how much exactly a coin creator must pay to Yobit for example for their coin to be listed. I think it's around $200 but Im' not sure.
all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't
That is how they make their bread and butter... from those withdrawal fees.Anybody know how much bitfinex was charging in these fees to their customers?
I know it depends on the amount of the withdraws but still what was the percentage?
I bet it was very high or why else would their customers not want to withdraw their funds in their accounts on a daily basis?
I use the Poloniex, the fee they charge is 0.0001 or 0.06 US dollar. So if you withdraw $2000, it is reasonable fee.
all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't
That is how they make their bread and butter... from those withdrawal fees.Anybody know how much bitfinex was charging in these fees to their customers?
I know it depends on the amount of the withdraws but still what was the percentage?
I bet it was very high or why else would their customers not want to withdraw their funds in their accounts on a daily basis?
I'm sure that the owners of the company had to buildup a large bitcoin balance before they could start selling. They probably borrowed funds for the business. Now they can sell and buy since they have a lot of customers.
you start with an initial investment for your starting money just like any other business. the starting money is usually either from them buying from others, even from other exchanges or asking people to come and become partners by investing in them.
then you start advertising and over time as people come to your exchange and did business there you gather the fees.
I'm sure that the owners of the company had to buildup a large bitcoin balance before they could start selling. They probably borrowed funds for the business. Now they can sell and buy since they have a lot of customers.
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