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Saturday, June 25, 2022 5:13:13 PM
https://nomics.com/exchanges/gemini
As you can see, Maria, Gemini has executed 169,845 transactions in last 24 hours.
169,845 transactions per day X 365 days because crypto never closes, that's 61,996,425 transactions a year using the average. Using your numbers of $2.99 per transaction, that's $185,360,341 in transaction fee's a year. Also Maria, if you are familiar with crypto, you'd know that the initial transaction of buying the crypto is not the only transaction fees charged by exchanges, a lot of times when you move crypto from your wallet to another exchange or wallet, there can be additional fees for that, one exception is from Gdax, which is operated by Coinbase, that's free, but Coinbase sucks. My point is that there are other small transaction fees other than the initial purchase that was not even considered in your "math". So, as you can see, that $20 million number is easily attainable in my opinion, and BitGift would only have to do almost 1/10th of the transactions of Gemini to hit $20,000,000. I hope this helps you, Maria. I'm just glad that that whole NH theory that we all had to endure for 2 years is over as it was all proven and confirmed to be complete BS even tho it's still in the IBOX lolz Have a great day, Maria.
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