Topic: Who Earn The Money? (Read 64 times)
yes exchanges are getting satoshis for every transaction made by traders. not the satoshi in person.
the trading fees go to the exchange who else would they want to earn but themselves. they are running a business, they need to earn as they have employees to feed too. there are exchanges however that ask too much of a fee per transaction and also the withdrawal fees.
When we buy BTC from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission?
When we buy an alt from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission? Is the money earned by the developer?
BTC was created by Satoshi. But nobody knows who he/she is. Does Satoshi take any money from whoever buys BTC?
I hope you sleep soundly and on time, for that kind of thing you need to understand are the rules made by the exchange, because the exchange also doesn't want to lose and they also want a profit through the services they provide through the exchange, for example close Just in real life when you sell in front of someone else's shop, you automatically have to pay the rent for the stall. When we buy an alt from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission? Is the money earned by the developer?
BTC was created by Satoshi. But nobody knows who he/she is. Does Satoshi take any money from whoever buys BTC?
Fee plus commission? Where did you find such a scheme? The exchanges I have used have a fee for traders called Maker or Taker fee. That is all.
Fees are paid to the exchange but commission? Never heard of any such term. If you explain it more clearly where you found this, someone might be able to work it out. Nonetheless, if it is a centralized exchange the fee is given to the owners of the exchange.
Satoshi, whoever or whatever it is, has got no role to play here.
Fees are paid to the exchange but commission? Never heard of any such term. If you explain it more clearly where you found this, someone might be able to work it out. Nonetheless, if it is a centralized exchange the fee is given to the owners of the exchange.
Satoshi, whoever or whatever it is, has got no role to play here.
When we buy BTC from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission?
When we buy an alt from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission? Is the money earned by the developer?
BTC was created by Satoshi. But nobody knows who he/she is. Does Satoshi take any money from whoever buys BTC?
When we buy an alt from an exchange, we pay for the fee plus commission. Is the commission earned by the exchange? Who earn the rest of the money other than the commission? Is the money earned by the developer?
BTC was created by Satoshi. But nobody knows who he/she is. Does Satoshi take any money from whoever buys BTC?
Jump to: