Traders who move the most volume on the exchange, such as market makers, are unlikely to voluntarily choose the 1.2% fees, crypto trader Ogle pointed out in a Twitter post. Binance’s burn scheme “is almost totally useless to LUNC folks, but they don’t realize it,” he told CoinDesk.
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last...