Re:Coinbase S-1
by ayewo on Thursday February 25, 2021 @01:50PM
(#26266543)
> Coinbase's trading fees are outrageous compared to what we're used to in the world of normal equity/option/future/fx trading.
I'm guessing their fees draw heavy inspiration from price skimming [0] (which is used heavily by AWS), as it allows them to maximize revenue while consumer demand is high in cryptocurrencies.
I'm guessing their fees draw heavy inspiration from price skimming [0] (which is used heavily by AWS), as it allows them to maximize revenue while consumer demand is high in cryptocurrencies.
0: https://www.investopedia.com/terms/p/priceskimming.asp