[초점]Market size and accessibility…it was time to think about rationalizing transaction fees

[블록미디어] You have to invest. There is 1 million won. If you buy Samsung Electronics, the fee is 150 won, and if you buy Bitcoin, it is 2500 won. What is the difference?

“Is the cryptocurrency fee okay?” After the article went out, I heard a surprising response. He was an analyst at a securities company who knew cryptocurrency well and did analysis. He is a so-called’expert’ who has experienced both markets.

First, the market size. The two markets are different. The market cap of the domestic stock market is 2300 trillion won, and the market cap of the’global’ cryptocurrency is 1370 trillion won. It has risen to 60% of the stock market. I grew up a lot.

Why is the comparison target domestically and globally? But is Bitcoin living in Seoul different from Bitcoin living in New York? Bitcoin is transacted 365 days a year, 24 hours a day across borders.

From the’investor’s point of view’, not the’expert’ Let’s think about it. Already, the market size is not too difficult to compare with stocks or bitcoins. At least 60%. However, the difference in fees is 10 to 15 times. It doesn’t seem reasonable.

Second, market accessibility. To buy Samsung Electronics, you can open an account with a securities company, install HTS or MTS, and buy Samsung Electronics worth 1 million won with a few clicks.

There is Corinne who has just started investing in bitcoin. Open an account non-face-to-face, access the exchange via web or mobile, and buy 1 million won worth of Bitcoin with a few clicks. Those who do a little bit of old people and players have accounts on overseas exchanges, and they also trade leverage margins.

Are there any special services provided by domestic exchanges, or are there any physical restrictions that prevent investment?

Third, regulatory risks. Regulations on domestic cryptocurrency exchanges have just come out. Will you get a high commission because you don’t know what will happen to the exchange business due to regulations? Then, I would like to ask if the special payment law goes into effect and the fee will be lowered after September.

It’s time for exchanges to think seriously. The institutionalization market is in full swing, and there are many investors who want to put virtual assets into their investment portfolios.

There are LVL (level) exchanges in the US. We have declared a fee free. I only get a $3 withdrawal fee. Coinbase charges a 1-5 dollar withdrawal fee. It means to trade bitcoin without commission. We’ll catch up with Coinbase. How do you make money? It is earned by issuing a cash card in connection with MasterCard, premium membership fees, and preferential liquidity providers.

Four feet. When bitcoin continues to hit an all-time high, I wonder how much domestic exchanges would have earned only with fees, not with fees, listings, and marketing fees.