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A comment on JPMorgan Extends Banking Services to Bitcoin Exchanges. Parent comment

Re:JPMorgan Extends Banking Services to Bitcoin Exchanges by dd36 on Wednesday May 13, 2020 @09:44AM (#23166811)
Why would they switch? JPM isn’t going to prioritize them.
[ Parent | on HN ]
Re:JPMorgan Extends Banking Services to Bitcoin Exchanges by LatteLazy on Wednesday May 13, 2020 @01:54PM (#23169602)
JPM will offer them 0.5% lower fees. They can do that because they have lower fixed costs. If you're an exchange, 0.5% increases your profit margin by 10%. Hard to say no to that.
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