CoinDCX co-founder Sumit Gupta criticized WazirX's new 55/45 fee structure, stating that it might not be sustainable in the long term. WazirX, a popular cryptocurrency exchange in India, introduced a plan where 55% of the trading fees are distributed to users, while the platform retains 45%. Gupta argued that such a model could lead to potential issues and might not align with the best interests of the crypto community. He expressed concerns about the long-term viability and implications for the broader market. CoinDCX and WazirX are both key players in India's crypto ecosystem, with different approaches to fees and user engagement.
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GRAM
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Mkt Cap $2.28T
BTC Dom 56.60 %
BTC
$64,308.00
▼ -0.30%
ETH
$1,899.48
▼ -0.20%
USDT
$0.999167
▲ +0.00%
BNB
$593.74
▼ -0.10%
USDC
$0.999555
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.68
▼ -1.40%
TRX
$0.327471
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.64
▼ -1.40%
DOGE
$0.069258
▼ -0.60%
USDS
$0.999859
▲ +0.00%
RAIN
$0.012556
▼ -0.30%
LEO
$9.75
▼ -0.20%
ZEC
$504.13
▼ -0.60%
ADA
$0.200323
▲ +4.90%
XMR
$367.68
▲ +0.60%
WBT
$55.66
▼ -0.40%
LINK
$8.19
▲ +0.80%
XLM
$0.161402
▼ -0.20%
DAI
$0.999948
▲ +0.00%
BCH
$213.10
▼ -0.20%
USD1
$0.99956
▲ +0.00%
USDE
$0.999452
▲ +0.00%
GRAM
$1.34
▼ -2.70%
BTC
$64,308.00
▼ -0.30%
ETH
$1,899.48
▼ -0.20%
USDT
$0.999167
▲ +0.00%
BNB
$593.74
▼ -0.10%
USDC
$0.999555
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.68
▼ -1.40%
TRX
$0.327471
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.64
▼ -1.40%
DOGE
$0.069258
▼ -0.60%
USDS
$0.999859
▲ +0.00%
RAIN
$0.012556
▼ -0.30%
LEO
$9.75
▼ -0.20%
ZEC
$504.13
▼ -0.60%
ADA
$0.200323
▲ +4.90%
XMR
$367.68
▲ +0.60%
WBT
$55.66
▼ -0.40%
LINK
$8.19
▲ +0.80%
XLM
$0.161402
▼ -0.20%
DAI
$0.999948
▲ +0.00%
BCH
$213.10
▼ -0.20%
USD1
$0.99956
▲ +0.00%
USDE
$0.999452
▲ +0.00%
GRAM
$1.34
▼ -2.70%
Mkt Cap $2.28T
BTC Dom 56.60 %
BTC
$64,308.00
▼ -0.30%
ETH
$1,899.48
▼ -0.20%
USDT
$0.999167
▲ +0.00%
BNB
$593.74
▼ -0.10%
USDC
$0.999555
▲ +0.00%
XRP
$1.03
▼ -2.20%
SOL
$72.68
▼ -1.40%
TRX
$0.327471
▼ -0.50%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.64
▼ -1.40%
DOGE
$0.069258
▼ -0.60%
USDS
$0.999859
▲ +0.00%
RAIN
$0.012556
▼ -0.30%
LEO
$9.75
▼ -0.20%
ZEC
$504.13
▼ -0.60%
ADA
$0.200323
▲ +4.90%
XMR
$367.68
▲ +0.60%
WBT
$55.66
▼ -0.40%
LINK
$8.19
▲ +0.80%
XLM
$0.161402
▼ -0.20%
DAI
$0.999948
▲ +0.00%
BCH
$213.10
▼ -0.20%
USD1
$0.99956
▲ +0.00%
USDE
$0.999452
▲ +0.00%
GRAM
$1.34
▼ -2.70%
