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30% app-store fee for games and crypto projects
Curious how the 30% app =-store fee works for games and crypto projects. Do crypto apps like Binance and Crypto.com really pay 30% of all transactions to apple? They are only charging about 1% fees on transactions so this seems impossible. If a game has an in-app currency e.g. gems, can users freely purchase using this without fees? Then maybe they could redeem it on their website for crypto/cash rewards? Any info or links to learn more would be greatly appreciated! Thanks.
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Sep ’22