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syedfawadh
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#CryptoFees101 Irrespective of whether your crypto portfolio is up or down, itโs certainly making someone else rich. When Coinbase went public, they were valued higher than the three largest stock exchanges in the world, combined. These exchanges are so richly valued because they charge more than 50x as much in fees as traditional financial exchanges. Thatโs real money out of your pocket and why we are going to breakdown these fees to help you understand the main costs of trading, holding and using crypto. To make it easier to understand, we are going to split the fees into ones assessed by the exchange you are using, and the ones assessed by the blockchain ledger itself.
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