$COIN: The Bad News Gets Worse

Binance sticks a dagger in the heart of Coinbase, which makes its $$$ off trading fees in crypto, but there’s no mention of this in this short article. And it’s not just $COIN. I have to think about the $FUTUs, El Toros, and other fintech businesses which make their bread off user trade volume. The next question to ask is, “How will Binance make money off commission free trades in Bitcoin? Will Binance have a Robinhood moment?”

Binance.US Launches Zero-Fee Bitcoin Trading
The exchange plans to eliminate the charges for more tokens in the future.
By Shaurya Malwa
AccessTimeIconJun 22, 2022 at 8:35 a.m. EDT