Crypto Has Supplanted Banks with New Intermediaries: Here's the Breakdown

Hidden Costs in Cryptocurrency Transactions: Despite the promise of low-cost transactions, users face significant hidden fees in cryptocurrency transfers, including gas fees, withdrawal charges, and transaction spreads, which can rival traditional banking costs.

Growing Frustration Among Users: Many users express frustration over the high fees associated with crypto transactions, with some costs exceeding those of traditional services like PayPal or bank transfers, leading to calls for greater transparency and regulation in the crypto space.