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RE: Newcomers in the crypto industry face several challenges
According to me, another hurdle for newcomers can be trading fees. Although the fee is nominal, the newcomers are more interested in a constant profit, even if it's small in amount. Since they start with low capital, $1 is also a big deal to them (Myself including where 1 dollar is a lot in my country). However, at present, there are many platforms that offer free trading for promotional periods and trading vouchers as well ( received some of them since I entered crypto)
Yes, Newcomers face challenges with trading fees due to limited capital. Even small fees can impact their profits. However, I have seen some exchanges frequently organizing events for new users, distributing crypto and trading vouchers as rewards. This significantly reduces their fees. For instance, I've recently noticed an exclusive event on Bitget for AU users called "Lucky Wheel" where users can spin to win prizes like a MacBook or a trading bonus voucher.
Yeah, I also noticed that event. This is probably the only platform currently organizing such exclusive events for Australia. Perhaps this offer aims to secure the Australian market.
With 100k prize pool for Australian users who joined this event, I think each winner will get something big out of it.
"Hey Ridwanrz, mind sharing the deets of the event you're talking about? Or maybe a link where I can find all the details?"