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Their expenses are based on predicted growth in the volume of transactions. They're making money no matter if crypto goes up or down, but they stop making money
by arnvald 4y ago
Their expenses are based on predicted growth in the volume of transactions. They're making money no matter if crypto goes up or down, but they stop making money when people stop trading.
- ineedasername 4y agoThey make money on trading, sure, but it's a % not a flat fee. The same # of trades can occur for the same # of coins but if the market cap of those trades is 50% lower then they're making a lot less money.