How the Top 3 Exchanges Make Money?

  • Trading fee — this ranges from 0.02% to 0.1% with traders earning discounts when using BNB to pay. Trading fees apply to Spot, Margin and Futures trades.
  • Withdrawal fee — this is a dynamic and auto adjusted fee depending on the market.
  • Margin borrow interest — traders are charged margin borrow interests depending on the cryptocurrency involved and their VIP level.
  • Cross collateral interest — Binance charges daily interest rates based on cryptocurrency involved, amount borrowed and VIP level.
  • Listing of Coin/Token — owners and/or developers of cryptocurrencies pay certain amounts before their coins or tokens are listed on Binance exchange.
  • Trading fee — there is 0.2% Maker and 0.2% Taker fee that is charged. However, traders with high trading volume and holders of the Huobi Token can enjoy trading fees as low as 0.1%.
  • Withdrawal fee — this fee is dependent on the particular crypto asset you are withdrawing from Huobi.
  • Trading fee — Coinbase charges a trading fee of 0.5% for each transaction made on its platform.
  • Crypto Conversion fee — allow traders to convert one currency to another. The fee charged for this transaction is 2% of the amount that is converted.
  • Credit transaction — traders who borrow money from Coinbase are charged a flat fee of $2 by the exchange.
  • Coinbase card — a transaction fee of 2.49% is charged for every ATM withdrawal made on Coinbase.
  • Variable fees — which include fees for credit/debit card buys, standard buys/sells, and instant buys, ranging from 1% to 3.99%.

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