Cryptocurrency Q&A
How does Newton crypto make money?
How does Newton crypto make money?
CryptoPioneer
Sat Nov 09 2024
|
5 answers
1013
I'm curious about Newton crypto's business model. How does it generate revenue or make money, specifically through its crypto-related operations and services?
5 answers
KimonoElegant
Mon Nov 11 2024
To understand the total cost associated with a trade, investors need to multiply the per-side fee by 2. This will give them the total bid-ask fee for the transaction.
Was this helpful?
147
71
CryptoKnight
Mon Nov 11 2024
Newton's trading fee structure is designed to be transparent and easy to understand. By charging a fee on both sides of a trade, Newton ensures that it can generate revenue while still offering competitive pricing to its clients.
Was this helpful?
223
91
GalaxyWhisper
Mon Nov 11 2024
BTCC is a leading cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets.
Was this helpful?
185
59
benjamin_brown_entrepreneur
Mon Nov 11 2024
Newton operates on a commission-free model for its clients, but this does not mean it does not generate revenue. Instead, Newton earns money through a trading fee structure.
Was this helpful?
278
41
ZenHarmony
Mon Nov 11 2024
This trading fee is calculated on a per-side basis, meaning that a fee is charged for both the buy and sell sides of a trade. The fee amount is determined by the difference between the midpoint price and the bid/ask price.
Was this helpful?
180
81
