EOSFINEX Will not have zero fees like the BTS DEX.

in #eos7 years ago (edited)

The EOS DEX powered by bitfinex will have higher fees than the BTS dex. They will not offer zero interest loans either.

Bitfinex is a for profit corporation, BTS is a decentralized open source self funding organization.

The most powerful feature of BTS, is the ability of coin owners to vote on a fee structure or on an upgrade schedule.

EOS FINEX DEX will be a for profit corporation on the bockchain.

There is huge potential for BTS, as it is unlike any other exchange in the world.

If you were to trade 100,000 in crypto on a centralli exchange it would cost 2,500 in fees

Do traders realize while they are paying thousands of dollars on centralized exchanges in fees, and margin loans, they could trade on the BTS dex with zero interest loans, and a flat fee of one penny?

If a trader were to trade 100,000 in crypto on a centralized exchange it would cost 2,500USD to trade in, and trade out. On the BTS DEX - that same 100,000 trade would cost one cent in and one cent out!

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One major advantage EOSfinex will have is volume from Bitfinex markets.

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