Asian crypto-exchangers earn millions of dollars per day

Crypto-exchangers are the most profitable element in the ecosystem of the cryptocurrency market: according to Bloomberg analysts, the largest crypto-exchangers can earn more than $ 1 billion a year. At the same time, more than half of the world trade in cryptocurrencies occurs on Asian exchanges.

For example, two leaders – the Tokyo Binance and the Hong Kong OKEx carry out transactions amounting to about $ 1.7 billion each per day. The Binance commission is 0.2%, so that the Tokyo crypto-exchanger daily earns about $ 3.5 million. The OKEx exchange with a lower commission earns more than $ 1.2 million.

The Huobi, Bitfinex, Upbit and Bithumb exchangers are also in Asia. They process from $ 600 million to $ 1.4 billion with an average commission of 0.3%. At the same time, Urbit’s profit is almost equal to Binance, while Huobi is estimated at about $ 1.9 million.

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