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The trade-off is the following. If serious traders don't make any profit on a platform but make it on another one, they will leave. That is the primarily reaso
by account73466 7y ago
The trade-off is the following. If serious traders don't make any profit on a platform but make it on another one, they will leave. That is the primarily reason for an exchange to steal money at a reasonable rate instead of doing some super greedy stuff.
- spookthesunset 7y agoTheir target isn’t “serious traders” like folks on Wall Street. Most bitcoin people think they are the “serious traders” but in fact they are the very rubes that get scammed by these exchanges. With most things bitcoin you are either the one doing the scamming or the one being scammed. Often you can even play both roles! It is what keeps the ecosystem interesting!