Cryptocurrency Q&A
How do dexes make money?
How do dexes make money?
SsangyongSpirited
Mon Nov 04 2024
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7 answers
1307
I'm curious about how dexes, these decentralized exchanges, generate revenue. I want to understand the mechanisms and strategies they employ to make money in the crypto market.
7 answers
SakuraWhisper
Wed Nov 06 2024
However, DEXs generally offer more competitive fees compared to centralized exchanges.
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KatanaSword
Wed Nov 06 2024
The reason for lower fees on DEXs is the absence of intermediary costs, such as those associated with traditional financial institutions.
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CryptoElite
Wed Nov 06 2024
Transaction Fee Revenue is a significant source of income for decentralized exchanges (DEXs).
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CryptoAlly
Wed Nov 06 2024
The attractive fee structure of DEXs helps them garner a larger user base, as traders are always looking for cost-effective options.
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CryptoEnthusiast
Wed Nov 06 2024
DEXs earn revenue by imposing transaction fees on users who conduct trading activities on their platforms.
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