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Are there now two cryptocurrency exchanges in Indonesia? CFX and ICEx? Are you kidding?
Could this become healthy competition? Or if trading is done on local CEX platforms, will both platforms charge fees separately, meaning users will be double-charged?
This fee structure issue really needs to be looked into carefully. With both exchanges operating simultaneously, the impact on market liquidity and user costs still needs to be observed.
If everyone charges fees, users can't escape, and in the end, they still get cut.
Dispersed liquidity is actually not good for anyone.