Market Dynamics and Fee Strategies in Cryptocurrency Trading

6/26/2024 8:18:02 AM

According to BitMEX Research, the progression of market dynamics in cryptocurrency trading follows a predictable pattern: initial ignorance, ridicule, resistance, fee imposition, fee reduction to gain market share, and ultimately, victory for the persistent. This suggests that exchanges might lower fees to attract more traders, potentially leading to increased trading volumes and market share for those who endure. (Source)

BitMEX market dynamics fees trading volumes

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