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RE: How profitable it is to run a cryptoexchange and some thoughts on charts

in #money7 years ago

When you compare it to the casino, they are the house and the house always win. with the volume of trades they are getting everyday and the wide spreads on cryptocurrencies they surely make a lot of money. That 425 million dollars they can surely recover within a month...

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Definitely. I hear big banks have even funds specifically for that, when they mess up.

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