What are the strategies used by brokers to generate revenue in the digital currency market without commissions?

1 answers

• Oluchi MuogharaJan 10, 2024 · 2 years ago
  At BYDFi, we believe in transparency and providing value to our users. While we do charge commissions on trades, we also offer a range of additional services that can help users generate revenue. For example, we provide staking services, where users can earn rewards by holding certain digital currencies in their wallets. We also offer a lending platform, where users can lend their digital assets and earn interest. These additional revenue streams allow us to provide competitive trading fees while still generating revenue to support our platform. It's important to note that different brokers may have different strategies, and it's always a good idea to research and compare the offerings of different platforms before making a decision.
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