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by TrapLord_Rhodo
939 days ago
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The $80B in profit is a random number the OP through out. Most likely the exchange is making between $2-$4B in profit a year (With bull markets around $12-$14B a year). However, with such a small team and the team being paid is bUSD, i suspect most of their revenue is pure profit. Also, Binance executives are tied to Tether ($87B market cap) with around $8-12B in profit per year, and BNB ($39B market cap) $600-$800M per year, makes it one of the most profitable companies in the world. So although $80B came from no where (And the real number is closer to around $20B a year with a market cap of $110B, $4B is nothing for them.) |
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