The exchange has lifted the table, Bitfinex has started offering free hanging and trading services, Directly following the core artery of the exchange. one ⃣ Binance: Estimated fee revenue for 2025: 14-15.5 billion US dollars (total revenue of approximately 17-17.5 billion US dollars, with fees accounting for 80-90%). two ⃣ OKX: Estimated commission revenue for 2025: $1.2-1.8 billion (total revenue of approximately $1.5-2 billion, with commission accounting for 80-90%). Summary: Binance's fee income is about 10 times that of OKX, mainly due to a larger user base and transaction volume. A large part of this should be the quantification of the company's volume, and transaction fees are the largest expense in quantification, just like the maximum expense for mining machines is electricity. In this way, it is estimated that at least 30% -60% of the quantification will switch to this exchange. It will definitely force top exchanges to start free or limited time free trading. A suggestion for Binance and OK is to open a free window every day and waive transaction fees for users who make regular investments at fixed times, which can also be seen as mutually promoting the coin circle. @cz_binance @star_okx @binance @okx