Currently, Binance is processing nearly $6 billion in transactions per day. So how much money do they make?

Binance

Cryptocoins Exchanges / Binance 28 Views

Regardless of the market influence in 2022, Binance continues to be among the many prime corporations in the crypto market, with transaction fees accounting for 90% of its enterprise.????

In a current interview with TechCrunch, Changpeng Zhao, CEO of cryptocurrency trade Binance, stated that greater than 90% of revenue comes from buying and selling charges on the platform.????

Presently, Binance is processing almost $6 billion in transactions in just 24 hours. In response to the announcement from Binance, if the waiver mechanisms are usually not used, users can pay 0.1% spot trading charges on the platform. Thus, it can be estimated that Binance's income is about 6 million USD per day. That is 10 occasions the revenue of decentralized change Uniswap (in line with Token Terminal).????

And where will everybody's revenue come from? Crypto works like regular individuals. I work to earn money to buy more RBIF :)))????

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