It is worth noting that the spread fees are hidden, which means that users won’t be able to see the spread they are paying for a specific trade. In order to make sure they are getting a fair price, users are advised to compare the quote with other crypto exchanges. The “convert” button near-instantly turns one crypto asset into another at the current exchange rate for that trading pair. Unlike many of its competitors, Kraken charges conversion fees. The actual fee schedule is hard to find, but seems to vary based on prices and various market factors. In a Thursday announcement, Attorney General Letitia James revealed that it has secured $4.3 million for Coin Cafe users after the company charged “exorbitant and undisclosed fees" for storing crypto on its platform. https://directoryarmy.com/listings12870513/buy-internet-computer-copyright So can anyone make money with Bitcoin? The answer is yes, and we’ll show you how That’s a complicated way of saying bitcoin miners today don’t make as much as they used to. However, a lot of miners think the profitability will swing back around. Getting started today might mean higher potential earnings in the future. Everyone gets into the cryptocurrency field to make money, but not all end up doing that. A lot of people either simply give up along the way or fall into some sort trap with the rising cases of crypto scams. Price volatility. While Bitcoin's value has risen dramatically over the years, buyers' fortunes have varied widely depending on the timing of their investment. Those who bought in 2017 when Bitcoin’s price was racing toward $20,000, for example, had to wait until December 2020 to recover their losses. More recently, Bitcoin’s price began 2022 slightly over $47,000 per coin. After a tough year for cryptocurrency in general, Bitcoin has slumped to its current price of just under $17,000.