Like any well functioning market, it should track the actual cost of goods, in this case, the actual cost of facilitating the transaction. I have a hard time b

Like any well functioning market, it should track the actual cost of goods, in this case, the actual cost of facilitating the transaction. I have a hard time believing that a fixed 0.25% has anything to do with the real costs. It doesn't appear that CoinBase is even making that argument.