Exchanges offer their biggest customers discounted trading fees, treating them like VIPs to boost the odds they'll stick around. Prime brokerages – firms that provide trading services for professional, and often large, investors – could, in theory, funnel several customers' trading through a single account at an exchange, qualifying for those lower fees.
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July 15, 2024 at 11:53PM
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A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange - CoinDesk
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