2026-01-20 20:21:22

The allure of the crypto gateway is strong—buying coins to generate income, selling coins for fiat currency. The entire process feels like opening up the meridians between reality and the chain. But everyone who has truly experienced it knows that transaction fees can soar from 5% directly to 20%, making it more than ten times more expensive than centralized exchanges.

Why dare they charge so much? Machine costs, venue rentals, system maintenance, compliance across regions... the operators' ledgers are indeed complex. The problem is, users aren’t fools—if they really want to trade Bitcoin, who would willingly pay so much more? With over 30,000 devices deployed worldwide, the average daily trading volume hardly even exceeds $5,000. Earning two or three hundred dollars per machine per day is considered lucky.

In simple terms, this creates a vicious cycle: people wanting to buy coins find the prices absurdly high, while those already holding coins are too lazy to bother, and they have to endure various quota restrictions. The only ones left are the "try it out" experimenters, with repurchase rates so low they’re barely visible.

Stories like this are common in Web3 infrastructure. Ambitious projects think they’ve discovered a gold mine—collecting taxes on-chain while lying back—and end up cooling off along the way. In an industry that iterates rapidly, the innovative solutions you see might have already been tried last year and failed completely. Many unseen products aren’t hidden because they’re too new; rather, they’ve already gone cold.

This gives us a lesson: participating in Web3 isn’t just about following hot trends. Instead of chasing flashy infrastructure, it’s better to focus on ecosystems that can truly run—like projects dedicated to on-chain stablecoin yield farming. They don’t do gimmicks; they seriously address users’ needs to generate high-efficiency returns on-chain. This pragmatic, sustainable approach is more likely to gain market recognition.

Ultimately, in a bull market, steady value growth is what ordinary investors truly need to get started.

BTC-1,78%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
6
Repost
Share

Comment

0/400

ReverseTrendSister

· 9h ago

The portal thing I gave up on a long time ago. The transaction fee clearly looks like an IQ tax, and yet some people still jump in. --- Does anyone still believe in the idea of collecting taxes while lying down? I heard similar stories last year, and each one turned out to be even colder. --- Exactly, the low repurchase rate that’s invisible indicates that the fundamental problem can’t be solved. It’s better to honestly play with stablecoins and earn interest. --- Three thousand machines with an average daily trading volume of only five thousand USD—once this data comes out, there’s nothing more to say. The model itself is dead. --- Instead of chasing new narratives every day, it’s better to find something that can actually run smoothly. Following hot trends will only get you cut sooner or later. --- 20% transaction fee? I’d rather wait two more days to use a legitimate exchange. I really can’t use these kinds of machines. --- There are too many projects like this in Web3. They seem innovative, but in reality, they failed once last year. --- Finding an ecosystem that can continuously generate returns is the real key. Don’t be fooled by those superficial infrastructure projects.

View OriginalReply0

AirdropBlackHole

· 9h ago

It's the same old story, high transaction fees to death, and you still have to queue for limits. Truly outrageous.

View OriginalReply0

SneakyFlashloan

· 9h ago

A 20% fee? Dude, are you robbing people or doing business? No wonder no one uses it.

View OriginalReply0

RugResistant

· 9h ago

analyzed thoroughly—these atm ops are classic unsustainable models, red flags detected everywhere. 20% fees? nah, that's a common attack vector on retail users, tbh. infrastructure that can't hit 5k usd daily volume is basically dead code already.

Reply0

InscriptionGriller

· 9h ago

30,000 machines with an average daily revenue of $5,000. I don't even want to bother calculating this broken account anymore. --- A 20% fee? Isn't this just cutting leeks? Old Ma knows the way, everyone. --- It's another dream of lying down and collecting taxes. Wake up, buddy. It's time to cool off. --- If you can't see the repurchase rate, then it's right. Once you've been scammed the first time, there won't be a second. --- If you want steady appreciation, don't mess with these superficial things. Choose a solid track and stick to it. --- Endless cycle after cycle, this is the routine operation of Web3 infrastructure. --- Tried it last year, and now you're daring to show off as an innovator? Impressive. --- Project team: Found a gold mine. Market: Completely cooled off. It's always the same routine. --- Stablecoin interest-earning products are actually the most resilient. Just keep it simple and straightforward.

View OriginalReply0

BtcDailyResearcher