The dilemma of cryptocurrency exchanges is exactly here. If they raise fees, users will flow to competing platforms. On the other hand, if they keep fees low, the platform's profitability is squeezed. Striking a balance in this tug-of-war is the eternal challenge of exchange management. Should they attract customers with low costs, or ensure sustainability with moderate fees—it's impossible to fully do both.
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LiquidationHunter
· 7h ago
In plain terms, it means you can't have your cake and eat it too.
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CoffeeOnChain
· 8h ago
Basically, it's a dilemma where no matter which way you choose, you're cut down.
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shadowy_supercoder
· 8h ago
Basically, it means you can't have your cake and eat it too.
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GateUser-3824aa38
· 8h ago
Exactly right, working at an exchange is indeed a tough job.
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degenwhisperer
· 8h ago
Basically, it's just that they can't cut anymore; users have already been exploited to baldness.
The dilemma of cryptocurrency exchanges is exactly here. If they raise fees, users will flow to competing platforms. On the other hand, if they keep fees low, the platform's profitability is squeezed. Striking a balance in this tug-of-war is the eternal challenge of exchange management. Should they attract customers with low costs, or ensure sustainability with moderate fees—it's impossible to fully do both.