What is a fixed-fee price?
Excuse me, could you please clarify what a fixed-fee price entails in the context of cryptocurrency and finance? I'm interested in understanding how it differs from other pricing models and what advantages or disadvantages it may have for traders and investors. Specifically, how does it impact cost predictability and whether it's more suitable for certain types of transactions or investments?
What is the cost structure of a cryptocurrency exchange business?
Could you please elaborate on the various expenses that typically contribute to the cost structure of a cryptocurrency exchange business? Are there any fixed costs, such as licensing fees or technology infrastructure, that every exchange must incur? Additionally, what kind of variable costs do exchanges face, such as transaction fees or customer support expenses? Understanding the cost breakdown is crucial for aspiring entrepreneurs looking to enter the cryptocurrency exchange market.