Voyager, found online at Voyager.com, is a new crypto asset broker that promises to offer commission-free trading of over 15 different digital assets.
The company plans to launch in early 2019.
So far, Voyager has been tight-lipped about how they plan to make money. However, they have stated that they will not charge any commissions on trades.
This is a welcome change from the current landscape where crypto asset brokers typically charge between 0.1% and 2% per trade.
It’s possible that Voyager will make money by collecting interest on the assets that are held in user accounts. For example, if you deposit 1 BTC into your Voyager account, they may lend that BTC out to another user at a higher interest rate and pocket the difference.
NOTE: WARNING: ‘Does Voyager Give You Bitcoin?’ is an online platform that claims to offer users the ability to buy and sell Bitcoin. However, it is important to note that this platform is not regulated or endorsed by any government agency and may be subject to fraud or other malicious activities. Users should use caution when dealing with any online platform that offers cryptocurrency services and should conduct their own research before engaging in any transaction.
Another possibility is that Voyager will earn revenue from “spreads”. A spread is the difference between the buy and sell price of an asset.
For example, if Voyager is buying BTC for $9,000 and selling it for $9,100, then their spread would be $100.
Spreads are a common way for traditional brokerages to make money. It’s likely that Voyager will use spreads as their primary source of revenue.
The bottom line is that we don’t know exactly how Voyager plans to make money. However, we do know that they won’t be charging commissions on trades.
This could make them a very competitive option when they launch in early 2019.
6 Related Question Answers Found
Swan is a new way to buy and sell Bitcoin. Swan is different than other exchanges because it is designed to be simple and easy to use. There are no fees to use Swan and you can buy or sell Bitcoin without having to worry about the price.
The cryptocurrency markets are in a constant state of flux. Prices go up and down all the time, and it can be tough to keep track of what’s happening. One thing that’s certain, however, is that when the prices of Bitcoin and other cryptocurrencies start to tumble, there’s always someone there to ask the question: “Are whales dumping Bitcoin?”
The term “whale” is used to describe a large holder of a particular cryptocurrency.
Ray Dalio, the billionaire hedge fund manager, said on Thursday that he had bought some bitcoin, becoming one of the most high-profile investors to embrace cryptocurrency. In an interview with CNBC, Dalio said he had purchased a small amount of bitcoin in recent months as part of a broader exploration of digital assets. He compared buying bitcoin to investing early in Apple or Google shares.
“I don’t understand it well enough,” he said. “But I think it is something that could be used as a storehold of wealth.”
Dalio’s comments come as bitcoin has surged to new highs, propelled by increasing mainstream interest and institutional investment.
NiceHash is a service that allows people to buy and sell computing power. The company has been around since 2014, and it has a good reputation in the cryptocurrency community. NiceHash allows users to sell their excess computing power for Bitcoin.
Yes, NiceHash mines Bitcoin. NiceHash is a Slovenian-based company that provides a cryptocurrency mining marketplace. The company allows users to buy and sell hashing power and offers a multi-algorithm stratum mining proxy.
The simple answer to this question is no, whales are not buying Bitcoin. However, there are a few things to unpack in order to understand why this is the case. Whales, or large investors, typically shy away from Bitcoin because it is such a volatile asset.
