1. Transaction fees
General transaction fees are between 0.1% and 0.3%. For example, 1 yuan is charged for every 1,000 yuan traded, and 10 yuan is charged for 10,000 yuan. Although the single transaction fee is not high, as the number of users and transaction volume increases, the daily fee income can reach millions of dollars. Taking Huobi Pro, a large domestic exchange, as an example, the average daily handling fee is about US$3.12 million, and Binance also has more than US$2.67 million, and this is under non-bull market conditions.
2. Coin listing fees
The listing fee is equivalent to the "admission fee" of a digital exchange. The exchange provides platform and traffic support and needs to pay maintenance and operating costs. Large exchanges adopt strict security measures to reduce the risk of currency theft and ensure the safety of user assets. For example, the listing fee on the Matcha Exchange on New Coin is about 3 Bitcoins, equivalent to about $200,000.
3. Coin withdrawal handling fee
Withdrawal fees are fees incurred when digital assets are transferred from an exchange to a user's wallet, similar to the fund withdrawal procedure. This fee covers complex on-chain operations and handling fees. For example, the currency withdrawal rate of Fubit Exchange is 1%, which is only charged when withdrawing currency, and there is no charge for pure transactions.
4. Income from savings
Although digital exchanges are seemingly centralized, user assets are actually hosted in exchange accounts, and exchanges can use these funds for other investment projects to obtain additional income without paying interest. It is similar to the fund management model in which e-commerce platforms temporarily store buyers’ funds.
The most important profits of digital exchanges are probably composed of these four parts, which is why there is such a rush to develop exchanges. Of course, it is also difficult to build a large and influential digital exchange, which requires certain financial support.
Finally, if you need digital exchange development, you can directly contact Pingtouge Blockchain. Pingtouge Blockchain has taken over more than a dozen exchange development projects since its establishment, and they are all in good operating condition.
Helped over 500 clients develop projects.