Uphold impose a new fee for exchange

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Avatar for amani2765
1 year ago
Topics: Cryptocurrency

Hello,

Recently Uphold imposes new users a fee for transactions lower than 250 dollars.

The fee is around 0.99 $ per transaction.

Deposits and exchanges over 250 $ are not concerned by the fee.

To explain more the section:

Let's say someone has exchanged from a USD account to LTC account around 5 $ than when the new regulation receives 4.01 $.

Someone wants to withdraw DOGE from the USD account then he pays the Doge network fee plus 0.99 $.

If someone wants to cash out Dogecoin from a Doge account or ETH from an Ethereum account then no fee is added.

This means even if you want to create a TRX account you need to exchange one from USD and pay 0.99 $ per account.

Then avoid fee deposits for example LTC to TRX account and cash out TRX from it.

This means the end of working opportunities like State Of The Art Mailer that pays commissions from 1 $.

2
$ 0.01
$ 0.01 from @TheRandomRewarder
Avatar for amani2765
1 year ago
Topics: Cryptocurrency

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