How can brokers earn money in the world of cryptocurrencies?

1 answers

• Dec 19, 2021 · 3 years ago
  In the world of cryptocurrencies, brokers can earn money through various means. They charge transaction fees for facilitating trades on their platforms. Additionally, brokers can offer margin trading, allowing traders to borrow funds and earn interest on the borrowed amount. Market-making is another way brokers generate income. By providing liquidity to the market, brokers profit from the difference between the buy and sell prices. These strategies enable brokers to capitalize on the growing cryptocurrency market.
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