Crypto Trading Revenue May Double in 2018, Research Suggests Read more: https://cryptovest.com/news/crypto-trading-revenue-may-double-in-2018-research-suggests/

in #crypto • 6 years ago


Despite the recent market downtrend, income generated by cryptocurrency exchanges could more than double and hit $4 billion in 2018, new research from the investment management firm Sanford C. Bernstein & Co. suggests.

The paper, titled ‘Crypto Trading — the Next Big Thing is Here?’ and first reported by Bloomberg on Friday, found that cryptocurrency exchanges brought in an estimated $1.8 billion in income from transaction fees in 2017. While representing just about 8% of the income seen on traditional exchanges, the figure surpasses those of all other financial assets apart from global cash equities.

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6 years ago in #crypto by
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