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Hi Everyone, I am Gabriele, CEO and cofounder of Coinrule. Happy to answer any of your questions.
by freshmuse 5y ago
Hi Everyone, I am Gabriele, CEO and cofounder of Coinrule. Happy to answer any of your questions.
- mchakravarti7 5y agoHi! This is very interesting - I had a question but more so on the business side. I don't know much about finance, but what made you decide on a fixed fee pricing model than a take rate model like a hedge fund.
- ogiberstein 5y agoGood question - I'll jump in for Gab as its his mum's birthday today :) With fixed fee pricing we are seen by regulators as a Software provider rather than a trading platform. The other point is that user funds sit on the exchanges and we have no withdrawal rights for greater account safety, so it's easier for us to just charge a fixed fee.
- vineyardmike 5y ago> With fixed fee pricing we are seen by regulators as a Software provider rather than a trading platform Is this a well established rule? I had a few startup ideas related to fintech, and this would be a very interesting change in the value proposition.
- ogiberstein 5y agoHm not sure how well established as a rule this is - we got this advice from a fintech-proficient lawyer though