Cryptocurrency swaps billions of dollars: kings of Crypto

in #busy6 years ago

Trade in digital goods is emerging as one of the biggest winners of the cryptocurrency boom.

According to estimates compiled by Bloomberg, the Top 10 generates $ 3 million in fees per day, or more than $ 1 billion a year, using the volume of transactions reported on the CoinMarketCap.com data tracker and information about fees on the scholarship websites. Fees in the lowest range of the trading scale were used for the calculations.

Projections are a rough estimate because it's almost impossible to know exactly what low-fee companies charge, including discounts for their most active traders. Based on the daily trading volume and fees listed, the annual turnover for the top 10 is in billions of dollars. Although the figures are not accurate, the order of magnitude shows that the boom of virtual currencies generates very real money.

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They make a lot of money with those fees!

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