Axekay
02-13

Curious but anyone knows how does crypto exchange like $Coinbase Global, Inc.(COIN)$  operates? On the platform, who does the willing buyers purchase their desired cryptocurrencies from? From willing sellers? Or, from a pool of crypto available for public to trade? What are the revenue streams for such crypto exchange company, apart from commission fees for trade execution? [Doubt]  [Smug]  

Those who are familiar with crypto exchange and crypto trades, appreciate it if you can enlighten me with your expertise [Cool]  [Miser]  

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Comments

  • JackQuant
    02-14
    JackQuant
    its the largest exchange, it earns free from every trade, its basically like any stock exchange too earning fees was the largest part of revenue. you buy crypto from the one willing to sell just the same as stock market just different instruments.
    • Axekay
      awesome, thank you so much for explaining!
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