As far as I know, there are three ways stock exchanges usually make money. Listing fees, trading fees and market data feeds. Trading fees literally means that w

As far as I know, there are three ways stock exchanges usually make money. Listing fees, trading fees and market data feeds. Trading fees literally means that when you trade stocks, small part of that goes to the stock exchange, quite literally the same as handing money over to NYSE itself. At least (AFAIK) most cryptocurrency exchanges don't have listing fees, where cryptocurrency projects would pay the exchange for listing their cryptocurrency.