mert(@mert):pisses me off how CEXes rinse new retail on basic stable conversions I've had multiple friends new to crypto msg me asking where their cash went when you convert your USDC to USD for "no fees", you are getting bent over on the spread literally 98 cents on the dollar

mert

@mert

ceo @helius — Solana RPCs, APIs & data: — cyphercapitalist

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mert@mert

2026.07.23 22:52

pisses me off how CEXes rinse new retail on basic stable conversions I've had multiple friends new to crypto msg me asking where their cash went when you convert your USDC to USD for "no fees", you are getting bent over on the spread literally 98 cents on the dollar