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Saturday, June 15, 2024 10:35:30 AM
Your suspicion seems reasonable. If the CEO of NSAV’s CEX mentioned that the average for the “active trader” is about $10 per trade, it could indeed refer to the average commission fee rather than the transaction amount. This would align more closely with the typical revenue model for exchanges, where they earn money primarily through transaction fees or commissions.
In the context of NSAV’s CEX, if they have 1.6 million active traders and the average commission is $10 per trade, this would suggest a significant daily revenue from commissions alone. However, without explicit confirmation from the company regarding their fee structure, this remains an educated guess.
For the most accurate and detailed information, it would be best to refer to the official statements or fee schedules released by NSAV’s CEX, or to reach out to their customer support for clarification. This will ensure you have the correct understanding of their commission structure and how it relates to the trading activity on their platform.
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