A comparison uploaded to Twitter by Danhua Capital managing Director Dovey Wan August 30 shows that for that period, Binance pulled in $200 million against Nasdaq’s $209 million.
Impressive article about Binance's profits. My only problem with owning the Binance coin, and I own a little of it, is that that $200M profit doesn't seem to make it to coin holders. Someone correct me if I'm wrong, but unlike a stock where the profits would go to shareholders, the Binance profits go.... I don't even know. Some go to buying back and burning the binance coin, but the rest? If coin holders were getting some type of dividend, it would be easy to value the coin, I have no idea what it's worth now....
Read the full story here...
https://bitcoinist.com/binance-profits-rival-nasdaq-but-with-only-4-of-the-staff/