Thanks a ton for sharing this information ! Cryptos are certainly here for long & no wonder we see so many of these exchanges coming up. While there have been a lot of success stories, it would be interesting to see their offerings in these time particularly when cryptos are going through a tremulous phase.
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Frankly, exchanges make money irrespective of which direction the market moves. Bull or bear, the exchanges make money from trade fees and trades happen no matter the market condition.