Binance, Exchanges

How Much Binance Makes a Day?

Binance is a cryptocurrency exchange that was founded in 2017. The company is headquartered in Malta and has offices in Singapore, Tokyo, and Dubai.

Binance is the largest cryptocurrency exchange in the world with a daily trading volume of over $1 billion.

The company makes money by charging a trading fee of 0.1% on all trades.

Binance also has a native cryptocurrency called Binance Coin (BNB) which is used to pay the trading fees. holders of BNB receive a 50% discount on trading fees.

In addition to the trading fees, Binance also earns interest on the cryptocurrencies that are deposited on the exchange. Binance pays out this interest in the form of dividends to BNB holders.

Binance also has a referral program where users can earn a commission for every new user that they refer to the exchange. commissions are paid out in BNB.

Assuming that all of these revenue streams are equally profitable, we can estimate that Binance makes around $10 million per day. This is a very rough estimate and does not take into account any expenses or other factors.

So how much does Binance make a day? It is estimated that the company brings in around $10 million per day from various revenue streams such as trading fees, interest on deposited funds, and commissions from referrals.

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