Cryptocurrency Exchange Performance: The Good, The Bad and The Ugly
Disclaimer: Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This article is for informational purposes only, and is not financial advice. The information does not constitute investment advice or an offer to invest.
Coin by coin, the top exchanges in the world have been estimated to earn up to $3 million in daily profits, an astonishing amount considering the first cryptocurrency was only born a short decade ago. The majority of these exchanges make profits largely by charging fees on all transactions and trades, as well as charging for the listing of new coins and projects on their dedicated platforms. The staggering numbers which have become associated with crypto exchanges have drawn many more players into the game. However, not all exchanges meet market demands. Asian-based cryptocurrency exchange platforms are currently dominating the global crypto trading industry, proving to be the most consistently popular options with traders and investors alike.
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