BlockbasisGeneral Q&A

How does Blockbasis make money?

Blockbasis does not make money on transaction fees nor exchange fees. So how does Blockbasis make money?

We decided early on as part of our mission that we wanted to make digital money – including cryptocurrency – available to the masses. This means that we needed to provide a solution that is not just a little bit better, but a solution that is much better. That was the main reason why we decided to offer no transaction and exchange fees to our users, which is a radically better alternative to current offerings to transact and exchange money.

The way Blockbasis makes money is by earning an interest on the deposits from users. When we do so, we also ensure that your money will be stored in a safe, reliable and risk-free offline wallet (cold storage).