Dr. Violet HowardDr. Violet Howard is a visionary entrepreneur, humanitarian, and corporate leader dedicated to financial literacy, business development, and empowering underserved communities through education, mentorship, and strategic innovation.

How Much Money Do Crypto Exchanges Make?

Name: How Much Money Do Crypto Exchanges Make?
Uploaded: 2018-06-01T13:02:30+00:00
Duration: 1 min 14 s
Channel: Dr. Violet Howard
Description: Short YouTube transcript (June 1, 2018 upload by Dr. Violet Howard) estimating daily fee revenue for a set of cryptocurrency exchanges using open data…

1 Jun 2018 · 1 min

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1:14

Short YouTube transcript (June 1, 2018 upload by Dr. Violet Howard) estimating daily fee revenue for a set of cryptocurrency exchanges using open data from coinmarketcap.com and exchange websites. The speaker lists per-exchange rough daily fee estimates for Poloniex, WEX, Kraken, Bitfinex, GDAX, Bittrex, Binance, Huobi, and Upbit and asks viewers to comment on their favorite exchanges.

Questions this video answers

$171,000

$207,000

$500,000

$1.06 million

$1.34 million

Chapters

How much do crypto exchanges make in fees in one day? We took open data from coinmarketcap.com and the websites of crypto exchanges. The following numbers are a rough estimate. Poloniex, owned by payments firm Circle, $171,000 WEX, the former troubled BTCE exchange $207,000 Kraken, who provides bitcoin prices for Bloomberg Terminal $500,000 Bitfinex, which is known for its close links $1.06 million GDAX, a part of Coinbase, $1.34 million Bittrex, its founders are Microsoft and Amazon alumni $1.47 million Binance, the largest crypto exchange in the world $2.33 million Huobi, once the largest crypto exchange in China before the shutdown, $2.54 million Upbit was launched by KakaoTalk, the largest messenger, $2.62 million what are your favorite crypto exchanges among these winners? Comment below. Cointelegraph, like subscribe and Hodl.