Bitfinex has increased the fee for withdrawal. Now exchange is not profitable PayPal

Date:

2018-11-13 17:45:08

Views:

3153

Rating:

1Like 0Dislike

Share:

Bitfinex has increased the fee for withdrawal. Now exchange is not profitable PayPal Source:

To Convert the crypto to Fiat is not cheap, at least on Bitfinex. This Sunday the Hong Kong stock exchange updated its policy regarding commissions. Now traders will have to pay three percent of the frequent insights from the trading floor. Guide Bitfinex says that the new rules will affect only those who prints Fiat on a regular basis. According to them, such clients Bitfinex only one percent.

the

Pay

A user will shoot three percent, if its activity coincides with one of two conditions:

the

    He led the Fiat more often than twice in any 30-day period; the

  • the total withdrawal amount exceeds a million dollars for any 30-day period.

It is Noteworthy that the increase in fees put Bitfinex in one row with the payment system PayPal. According to NewsBTC, if a trader wants to withdraw from the stock exchange a million dollars, he will have to pay almost $ 30,000.

Many of the traders have not received notification from Bitfinex on time. Some even began to accuse the marketplace in a deliberate freezing of the funds of the users. They blame the stock exchange that it has turned into a Bank due to restrictions on withdrawal.

Twitter also discuss the conspiracy theory that is associated with . Perhaps by raising commissions Bitfinex trying to artificially raise the demand for the tokens of his main partner, because the users will withdraw their money mainly in USDT.

Other traders complain of silent support. Their withdrawal requests are not processed, so the forums is growing dissatisfaction with the service Bitfinex. On the stock exchange even complained to one of the whales that did many deals with digital assets, the total amount of $ 100 million.

The instructions for the cryptocurrency exchanges on the example of Cryptopia is . Inside the screenshots and stepwise description of the process.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Hasrat of Bitcoin fell by 13 percent. Blame

Hasrat of Bitcoin fell by 13 percent. Blame "Satoshi"

on the Eve of Hasrat Bitcoin experienced the most serious decline in this year. In just 24 hours it has dropped from 54 to 47 aksaka per second. The average value Hasrat 7 days start to decline rapidly from 4 November. The exact c...

The investigation into the hacking NiceHash. There are new details

The investigation into the hacking NiceHash. There are new details

NiceHash, along with law enforcement US, EU and LIFARS are still investigating the break-in site, which happened on 6 December 2017. Then the hackers stole . Recently, they have been able to determine the origin of the hacking, so...

NEM has grown by 25 percent. The cryptocurrency has again added to Coincheck

NEM has grown by 25 percent. The cryptocurrency has again added to Coincheck

In the vastness of the stock market held a regular pump. This time the coin for became the New Economy Movement (NEM), which is displayed under the Ticker XEM. Just a couple of hours the price of bitcoin has increased by 25 percen...

Resourceful miners found a way a substantial reduction in price bitcoin mining

Resourceful miners found a way a substantial reduction in price bitcoin mining

bitcoin is always fraught with honest costs in terms of money and environment. Representatives of the Northern Bitcoin claimed that they managed to reduce the costs due to inactive metal mining mine in Norway. The company expects...

"The first cryptocurrency state" Detention was 100% Scam

Our work draws on all sorts of adventures, which promise untold riches. It would seem that only died down a funeral volleys -2011, 2012 and even MMM-Global, as everyone rushed to get into a new one . We never stopped believing dou...

FAQ: everything you need to know to the beginner about cryptocurrency exchanges

FAQ: everything you need to know to the beginner about cryptocurrency exchanges

the crypto currency exchange is the natural habitat of the majority of investors and traders in digital assets. According to Coinmarketcap, their number has already exceeded 15 thousand and continues to grow every day. Today we wi...

Anonymous bought a million litecoin. Now he owns the biggest LTC wallet

Anonymous bought a million litecoin. Now he owns the biggest LTC wallet

last week, the Litecoin network has processed one of the largest transactions in its history. Someone bought 1.15 million coins LTC totaling $ 61 million. It is noteworthy that amounted to only 50 cents. The news appeared on Twitt...

Joe Lubin: on the distribution of the blockchain will take more time than on the Internet

Joe Lubin: on the distribution of the blockchain will take more time than on the Internet

Creator and co-founder of Ethereum Joe Lubin told the journalists of the German t3n resource about the similarity of development of blockchain and . However, the situation with the first technology is a bit more complicated, so th...

Cryptopia: no attack 51% was not. Then where did the money go?

Cryptopia: no attack 51% was not. Then where did the money go?

Team AurumCoin argues that the exchange will never recognize where 16 thousand AU token was sent to someone else's wallet. At the time of writing, the amount was equivalent to 334 thousand dollars. Theft token-caused the community...

Another attack: Bitmain has lost $ 5.5 million because of an unknown hacker

Another attack: Bitmain has lost $ 5.5 million because of an unknown hacker

in Addition to the difficult financial situation, Bitmain also has serious problems with hackers. Recently in the district court for the Western district of Washington there was a lawsuit in the case of an anonymous hacker who sto...

How to prepare for the hard forks of Bitcoin Cash. Four tips

How to prepare for the hard forks of Bitcoin Cash. Four tips

If you're worried about hard forks Cash and their savings in BCH, I advise you to first understand a couple of important terms. The procedure itself is not so terrible as it seems at first glance. Today we will clarify four things...

John McAfee has no doubt in Bitcoin for a million dollars until 2020

John McAfee has no doubt in Bitcoin for a million dollars until 2020

John McAfee is not going to give up — he's still in for a million dollars. Not sometime in the future, but strictly up to 2020. It is noteworthy that now the main digital asset is trading at a 72 percent below the famous « Mc...

The opening of the week: is it worth the long trades Ethereum right now?

The opening of the week: is it worth the long trades Ethereum right now?

the Price of Ethereum moved into the consolidation phase after the recent rise to $ 220. We will remind, on the eve of the cryptocurrency managed to break through some major resistance levels, but it failed to gain a foothold abov...

BAT fell to 28 percent. What is Coinbase?

BAT fell to 28 percent. What is Coinbase?

on November 8 for a 48-hour period Basic Attention Token (BAT) fell by 28 percent after the listing on Coinbase. A sharp drop althena began on Friday, the chart of the asset has formed a clear downward trend, which still remains i...

Typical China: the principal was fired for illegal mining

Typical China: the principal was fired for illegal mining

the BBC reported on the dismissal of the Director of the Chinese middle schools in Hunan province. Lei Hua in the period from 2017 to 2018 installed in the school by eight stands for mining. This was told by the staff of the insti...

CRYPTOMACH / Distribution of $ 125 million in XLM, hidden farm in Balashikha, Antminer S15 and the revolution in mining from AMD

CRYPTOMACH / Distribution of $ 125 million in XLM, hidden farm in Balashikha, Antminer S15 and the revolution in mining from AMD

Sunday Evening is the best time to summarize the week. Remember the last loud new products from Bitmain, the forecasts for the exchange rate of Bitcoin and adventure mountain-millionaire from California. Also militiamen found the ...

Savings in Bitcoin and Ethereum on Binance is constantly growing. Holders are waiting for market reversal

Savings in Bitcoin and Ethereum on Binance is constantly growing. Holders are waiting for market reversal

co-Founder and CEO of Binance in an interview with CNBC talked about the growth of BTC, ETH and other cryptocurrencies that users store on Binance. In addition, he shared his thoughts on the possible price catalysts. According to ...

Analyze graphs: Ripple will grow, if Bitcoin will stay above $ 6000

Analyze graphs: Ripple will grow, if Bitcoin will stay above $ 6000

Over the last couple of weeks two of the most discussed coin in cryptosuite steel Bitcoin and . And if from the main cryptocurrency depends on the position of almost all altcoins, because of the Ripple arguing for a different reas...