How does Stepn earn money?

Additionally, StepN offers a shoe rental service, which allows users to access sneakers temporarily. For this convenience, StepN charges an 8% fee on all rental transactions. This feature adds another layer of flexibility for users and helps StepN diversify its revenue streams.

While the majority of the profits generated by StepN are shared with its users through various incentives and rewards, the fees and taxes collected from in-app activities play a crucial role in sustaining the platform's operations and development.

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services to cater to the diverse needs of digital asset enthusiasts. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at the current market price.

StepN generates revenue through a unique monetization model that revolves around fees and taxes levied on in-app activities. One primary source of income is the trading of NFT sneakers, where StepN charges a 2% fee on each transaction.

Furthermore, BTCC provides access to futures trading, enabling traders to speculate on the future price movements of various digital assets. This feature offers advanced trading strategies and potential for higher returns, making it a popular choice among experienced investors.