Crypto Wallet Unveils New Features and Plans for Black Friday Discount

Crypto exchanges often face immense costs when offering their services — with regulatory compliance, marketing, staffing, security, legal issues and processing fees all contributing to their overheads. That’s even before they’ve made a single satoshi in profit.

This resultantly means that purchasing cryptocurrency can be expensive for consumers — notably for those who might be seeking to convert their fiat by making a deposit using their credit card or bank account. Although the fees may seem relatively small, they do add up over time, especially for crypto enthusiasts who complete transactions on a regular basis.

That said, there is some good news for consumers on the horizon. Costs are beginning to fall as markets gain liquidity, and as the infrastructure for making fiat–crypto conversions becomes more prolific. The sheer number of exchanges out there also means there’s healthy competition for the business of consumers and traders alike, with platforms working overtime…