Commission in favor of the largest clients.
The largest cryptocurrency exchange in the United States, Coinbase Global Inc., is revising its fee structure, which may result in higher expenses for some users and cheaper costs for some of its biggest clients.
Changes in Global Cryptocurrency Trading Volumes
In a statement, Coinbase claimed that adjustments had been made to take into account asset prices and trading volumes for cryptocurrencies around the world.
Even with the new schedule, institutional clients continue to pay lower fees than retail investors because Coinbase has always charged them significantly greater fees than these large clients.
In less than a year, the cryptocurrency market has experienced a recession that has decreased the market value by roughly $2 trillion and significantly decreased volume on numerous exchanges.
The largest cryptocurrency exchange in the world, Binance, which has reduced costs to zero on most trading pairings, has already surpassed Coinbase in market share.