Binance, Exchanges

How Much Does Binance Make in a Day?

Binance is a cryptocurrency exchange platform that was founded in 2017. The company is based in Malta and has offices in Tokyo, Jersey, and Hong Kong.

Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion. The company has over 10 million users from over 180 countries.

Binance makes money by charging a small fee on each trade that is conducted on the platform. The fee is 0.1% of the total trade value. For example, if you buy $100 worth of Bitcoin on Binance, you will be charged a fee of $0.

10. Binance also charges a withdrawal fee when you withdraw funds from the platform.

The company has been extremely profitable since its inception and has made millions of dollars in profits. In 2018, the company made a profit of $200 million. This means that the company makes an average of $548,000 per day!

NOTE: This warning note is to inform all readers that any inquires into how much money Binance makes in a day are strictly prohibited and should not be pursued. Binance is a private organization and its financial information is not made available to the public. Pursuing such information could result in legal implications and therefore should be avoided.

The majority of Binance’s profits come from trading fees. However, the company also earns interest on the cryptocurrencies that are held in user wallets on the platform.

This interest is paid out to users in the form of dividends. In 2018, Binance paid out $1 million in dividends to users.

Binance is one of the most profitable companies in the cryptocurrency space and makes an average of $548,000 per day! The majority of their profits come from trading fees, but they also earn interest on the cryptocurrencies held in user wallets on the platform.

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