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smabie
on May 14, 2022
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Luna Cryptocurrency Collapse: How UST Broke
Why do think that? It's not like crypto dot com would benefit if everyone was trading at a higher price vs a lower price.
shawabawa3
on May 14, 2022
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A likely answer is that as historically Luna was trading at 50-100$ it had a minimum price specificity of $0.01 or something, so the exchange might have converted lower buys/sells to $0.01 when it was trading below that
CryptoBanker
on May 14, 2022
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They take their fees as a percentage, so yeah of course crypto.com would benefit from a higher price?
smabie
on May 15, 2022
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What does fees have to do with price? If I trade a $100 worth of a coin at $5 vs one at $10, the fees captured by the exchange is the same.
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