The profit of the South Korean Bithumb grew 171 times in the last year
Source:In late January, the main cryptocurrency exchange USA shared the results of the work. According to the management, in 2017 Coinbase one billion dollars. Business near the site of South Korea is also going well. In comparison with last year, earnings increased 171 times.
theEarnings on Bitcoin. Master class Bithumb
A Key feature of the work Bithumb — flat fee. The company picks up 0.15 percent of each order as the operating cost, the Commission is the main income of the site. It is reported .
Profit of 2017 ahead of the indicators in 2016 171 times. To achieve such results especially helped the fourth quarter of last year, during which the courses have grown by leaps and bounds.
Net profit Bithumb amounted to $ 420 million, while revenue amounted to 330 million. Investors were surprised by the numbers because in most cases profit less income. This is possible when the company receives a significant income outside of core business.
What will be the situation this year, given the sagging of the courses is unknown. I hope to update the record of Bitcoin 20 thousand dollars and a corresponding increase in altcoins.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
Portopia: what cryptocurrency billionaires want to do with Puerto Rico?
They say that the building Portopia (Puerto + utopia). But then someone told them in all seriousness that puertopia translates as "Playground of the eternal boy" in Latin. So they change the name. Now this place will be called Sau...
Why Bitcoin doesn't rise above $ 7,000. The experts
Yesterday, the course of the main cryptocurrency for two hours fell from 7178 to $ 6784. After the incident, the coin was fixed at this level and did not rise above $ 6809$. A view of the situation shared by the analysts. the Fore...
The owner of the NYSE: people trust Satoshi more than the Federal reserve system of the USA
on the Eve of the desire to gain a foothold in the niche cryptocurrency representatives of the Soros Foundation and employees of the venture capital company of the Rockefeller family. Organizations plan to invest not only in coins...
In Penza the man lost 100 thousand rubles when trying to buy coins via Telegram
the Initial placement of tokens TON, which makes the Telegram messenger is a popular theme for fraudsters. Attackers already send potential investors a letter on behalf of the company and collect the money through the fake website...
What will happen to Bitcoin exchange rate. Version of the trader
Two weeks ago, a trader and expert analysis portal TradingView Dmitry Lavrov the us dollar the main currency. The analyst admitted the possibility of growth coins only when you roll back to 7000 dollars. In the end what happened, ...
Europol has arrested drug traffickers laundered profits through bitcoin
Officials and bankers regularly talk about the main sin of Bitcoin and other cryptocurrencies — they actively launder money. And although some analysts, the share of such transactions is insignificant, occasional high-profile case...
CEC head: the electoral system on the blockchain will appear in Russia in the next four years
Soon after the presidential elections, the head of the Central electoral Committee Ella Pamfilova plans to conduct the following using the blockchain. In the near future it intends to propose the idea of Vladimir Putin. Now offici...
The South Korean authorities will test three of the six banks working with cryptocurrencies
South Korea refers to the digital currency skeptical and stronger every day presses on the industry. Last week the police of the founder of the exchange Coinnest Kim IK-hwan on charges of fraud. Area takes the fifth place on volum...
Nano investors demanded to hold the fork of the coins through the court
70% of the cryptocurrency exchanges for the users. In their identification systems there are bugs that can cause hacking accounts and stealing money, the report said startup Dashlan. An example of this is a group lawsuit against ...
The South Korean authorities will test three of the six banks working with bitcoin
South Korea refers to the digital currency skeptical and stronger every day presses on the industry. Last week the police of the founder of the exchange Coinnest Kim IK-hwan on charges of fraud. Area takes the fifth place on volum...
How to choose the right pool for mining. Walkthrough
If you decide pamineti something exotic or for 15 minutes sit in the pool with a zero balance, you need to change the approach to its choice. The rules described below. the Compare Hasrat pool with the complexity of the coin Befor...
The people of India are fighting with the Central Bank for the right to use cryptocurrencies
the Fifth of April, the main Bank of India has stopped servicing the accounts related to cryptocurrency. The next day, the investor Tim Draper called the decision "a big mistake", and the inhabitants of the country decided to figh...
Billionaire mark Kubran: Bitcoin and gold will not replace conventional money
last week, the co-founder of Fundstrat Tom Lee that the peak incidence of Bitcoin will happen on April 17. On the day of judgment the first cryptocurrency drops to 4 thousand dollars. Billionaire mark Kubran not too in the prospe...
Twitter has blocked the account @Bitcoin. Roger Ver speaks about the death of freedom of speech
Twitter for better relations with cryptocurrency. The platform has banned the advertisement of coins and ICO, but is still unable to cope with kamerami. For example, during a failure Telegram scammers from unsuspecting users 59 th...
Course Neo grew by 18 percent during the day. What happened
In March we about the collapse of the Ripple, the rate of which since the beginning of the year fell by 86 percent. The reason was the centralization of the platform and coins XRP, the actions of the South Korean regulators and co...
What will happen to Bitcoin this week. Analysts forecast
Over the past seven days, Bitcoins managed to reach $ 7,500, and then declined to 6595 and again increased to 7100. Such a swing has divided experts into two camps. Some see the conditions for the continuation of the fall, while o...
Pakistan after India imposed a ban on transactions with cryptocurrency and ICO
In February, India's Finance Minister Arun Jaitly the intention of the government to tighten the regulation of cryptocurrency in the country. The objective of the measures is to prevent illegal financial transactions. A month lat...
CRYPTOMACH / Antminer E3 for Ethereum, cryptocurrency Buzova and date of the maximum fall of Bitcoin
Today, believers celebrate Easter. Work seems to be impossible, but the tradition has not been canceled. We continue to summarize the week in one article. Seven days remember unexpected issue ASIC miner for Ethereum, starting Buzc...
The Spanish regulator has asked 60 companies names and data Bitcoin traders
the Largest cryptocurrency exchange in USA Coinbase in February the Tax authority of the country data on transaction 13 thousand of its customers. The Agency received full name, date of birth, place of residence, the individual n...
Exchange Monex has confirmed the purchase of a hacked exchange Coincheck for 33.6 million dollars
this week Bloomberg, citing sources , that the Japanese stock exchange Monex intends to buy a platform Coincheck, which in January had been broken. Now, the company confirmed the information about the transaction Mainichi. the J...
Comments (0)
This article has no comment, be the first!