tldr; Polymarket, a decentralized prediction market platform, has introduced trading fees on its US app and short-duration cryptocurrency price markets. Takers on the Polymarket US app will pay 1 basis point (0.01%), and fees are also applied to 15-minute crypto markets. This marks a shift from its previous zero-fee model and establishes Polymarket’s first direct revenue stream as it expands into mainstream trading markets. The US app is currently in private beta.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Brunosaurs4 on
So its basically becoming like most trading apps
holiquetal on
so with spread + fees + poor liquidity, you would have to be a moron to use these things
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tldr; Polymarket, a decentralized prediction market platform, has introduced trading fees on its US app and short-duration cryptocurrency price markets. Takers on the Polymarket US app will pay 1 basis point (0.01%), and fees are also applied to 15-minute crypto markets. This marks a shift from its previous zero-fee model and establishes Polymarket’s first direct revenue stream as it expands into mainstream trading markets. The US app is currently in private beta.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So its basically becoming like most trading apps
so with spread + fees + poor liquidity, you would have to be a moron to use these things