Search
Synthetix looks to turn off the SNX money printer once and for all
26.8.2022
If the proposal were to take effect, Synthetix would much more closely resemble a traditional business by simply generating fee revenue and distributing the proceeds to SNX holders
Binance Waives Trading Fee for ETH/BUSD Spot Trading Pair
24.8.2022
Binance has announced to waive the trading fee of 0.1% on the spot trading pair of ETH/BUSD by officially launching Zero-Fee ETH Trading. Users will not have to pay any fee while trading the pair. The trading fee waiver is applicable from August 26, 2022, 00:00 UTC, to September 26, 2022, 00:00...
Coinbase Boss Says Transaction Fee-based Revenue Model Won’t Work Long-term
24.8.2022
The crypto exchange giant Coinbase wants to ditch its reliance on transaction fees as its main source of income – and is concerned that the fees that traders pay when they exchange tokens cannot provide a sustainable form of income.
Speaking in an interview with CNBC, the firm’s CEO Brian...
Average Bitcoin transaction fee drops under $1 as network difficulty recovers
22.8.2022
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
22.8.2022
GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue
Poloniex Exchange Initiates Zero-Fee USDD Trading
9.8.2022
The reputable and authorized cryptocurrency exchange, Poloniex, serves both seasoned and novice traders. It provides a variety of crypto market presence, complex transaction kinds, and leverage trading to traders from different backgrounds. Placed among the world’s biggest cryptocurrency exchanges...
Binance P2P Brings Zero Maker Fee for Trade in LKR
9.8.2022
Binance P2P has brought the model of zero maker fees for advertisements that will be traded in the fiat currency of the Sri Lankan Rupee. The zero maker fee will apply upon successful trade on the pairs. Makers who post new advertisements traded with Sri Lankan Rupee will enjoy the benefit of zero...
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay
4.8.2022
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations...
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block
16.7.2022
Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will...
DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive
15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market
Binance users support 0-fee trading despite CZ's wash trading concerns
9.7.2022
CZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
Binance Volume Surges After Zero Trading Fee Policy Goes Live
8.7.2022
The spike forced Binance to quickly announce that the 13 zero-fee spot pairs will not factor into VIP volume calculations
Bitstamp cancels ‘inactivity fee’ plans after huge backlash
7.7.2022
Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move
Bitstamp Drops Inactivity Fee Following Massive Backlash From Community
7.7.2022
Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.
The exchange announced today that they are scrapping the idea, saying:
"After listening to our community’s response, we’ve changed...
Bitstamp Inactivity Fee Canceled After Outcry
6.7.2022
Bitstamp was going to charge about $10 to some customers that weren’t actively using their accounts
Binance Extends Zero-Fee Bitcoin Trading Globally
6.7.2022
Binance is to eliminate fees on bitcoin (BTC) trading from July 8 as it seeks to step up competition with its fellow cryptocurrency exchanges
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
6.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Ethereum average gas fee falls down to $1.57, the lowest since 2020
3.7.2022
For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....