A Comprehensive Look at Trading Fees Across Spot Exchanges

A cryptocurrency exchange is a marketplace where retail and institutional entities trade cryptocurrencies. Exchanges offer a range of services most suited to the targeted clientele to increase user adoption. Spot trading, margin trading, token listing, Initial Exchange Offering, and OTC deals are the commonly offered services by trading exchanges. Exchanges generate revenue by charging fees to their users for accessing these services, and this framework allows exchanges to have diversified revenue streams.

However, trading fees remain the major contributor to the revenue of exchanges.