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The popular Binance exchange has decide to replace its token listing fees with donations. The move follows a recent wave of strong criticism against cryptocurrency exchanges for the supposedly excessive fees they charge projects. Also Read: Binance Wants to Invest in Africa, Reaches Out to African Projects Donations Instead of Fees The Binance exchange has … Read more
“When Binance?” is the refrain from impatient bag-holders in ICO Telegram groups. For investors eager to flip their tokens and move onto the next thing, a major exchange listing is the big event, and the sooner the better. But for beleaguered project teams, with a community to manage, workforce to recruit, and decentralized solution to … Read more
Running a major cryptocurrency exchange is a lucrative business. Coinbase is reported to have made over $1 billion last year, and Binance is on course to pull in $850 million annually. While the bulk of these profits come from trading fees, they’re not the only revenue stream: exchanges are also pocketing millions from the fees … Read more
