How are the transaction fees determined on different exchanges?

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How are the transaction fees determined on different exchanges?

So, been scratching my head about something lately. You know, there are all these different crypto exchanges and they all have separate transaction fees. Seems like there's no standard at all? Does anyone know how they come up with their fees? Is it just picked out of a hat or are there some specific factors that come into play?

Hmm, I'm not too sure about that. It seems like there could be more to it than what we're seeing on the surface.

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