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161  Economy / Trading Discussion / Re: Latoken will charge you 5USD monthly, if you are not active. on: May 28, 2020, 10:58:18 AM
~

I see it the same way, and I am frankly surprised that Exchanges did not start covering their running costs through user fees (apart from trading fees) much earlier.

They did, latoken is not the only one:

coindirect
https://www.coindirect.com/terms

Quote
You must not use your Digital Currency Wallet for the purpose of storing Digital Currency. Where any Digital Currency in your Digital Currency Wallet is not used for a period exceeding 90 (ninety) days, Coindirect may charge and obtain from you an Inactivity Fee of EUR 5.00 per month (or the equivalent in your Local Currency), which shall be collected from the Digital Currency held in your Digital Currency Wallet.

coinsbank
https://coinsbank.com/fees

Quote
Inactive account maintenance
49.95 EUR (or equivalent) per month

crypto.com
Quote
Inactivity fee 12 months  5Ģ

And.......drumbeats.... Grin

Bitfinex
https://www.bitfinex.com/legal/terms
Quote
9. Inactivity Fee: Where you have not traded on the Site or engaged in any funding activity on the Site for an uninterrupted period of one year, Bitfinex thereafter reserves the right to charge and obtain from you an inactivity fee of $5.00 per month, with or without notice to you.


But as I said before, nobody reads the terms!

Well, that is crazy. They think that there are not many competitors so they can do that without loosing their clients... but this will not lead into any action, people will move their funds to another exchange and thats all.
162  Economy / Trading Discussion / Re: Latoken will charge you 5USD monthly, if you are not active. on: May 27, 2020, 12:19:28 PM
I do not see any reason why I should start using Latoken exchange. I do not trust them at all, look how they behave, fake IEOs, fake volume and now charge for nothing?

Neither do I but you're the one receiving emails from them.

Binance is the biggest and most safest exchange and its free!

There is no such thing as most "safest", and I wouldn't trust Biannace with a satoshi, especially after their flight from Japan and then from Malta when they couldn't abide the laws, nor will I trust any exchange with anything, I go by the principle "not your keys not your coins".

That is why we should read first the "TERMS OF USE AGREEMENT" in every exchange platform.

Funny thing is that the fee is not mentioned anywhere in their Terms or in the Fee panel.
https://cdn-new.latoken.com/common/files/terms-of-use-v2.pdf
https://latoken.com/fees

But let's be serious, who read the terms before signing up? 0.0001%?
I was an early ICO investor, glad to see that my LA tokens worth less than 5USD, so I don't have to do anything.  Grin
And I forgot about their never ending LA airdrop, how they secure free advertisement... Many problems conected with this exchange.
163  Economy / Trading Discussion / Re: Latoken will charge you 5USD monthly, if you are not active. on: May 27, 2020, 11:56:13 AM
I think that they officially bury themselves.

Im seeing their platform will go down soon or will close eventually due to this move.

Why do you guys think so?
Who are they going to lose, clients that are not making a trade/deposit/withdraw fro 6 months? How can you even call them clients?
From the start, why would you leave money there for more than 6 months and do nothing, why leave coins on an exchange for that long?

Its like they imposing some ground for not being actively trading there, so by any chance that you not logged in to do some trade, they will automatically deduct $5 fee every 6months?

It's 5$ per month, every month after the 6 inactivity months. And only if you have a balance.





I do not see any reason why I should start using Latoken exchange. I do not trust them at all, look how they behave, fake IEOs, fake volume and now charge for nothing? Binance is the biggest and most safest exchange and its free!
164  Economy / Trading Discussion / Latoken will charge you 5USD monthly, if you are not active. on: May 27, 2020, 10:41:24 AM
Be careful guys, those who hold funds on Latoken exchange and not trading, you will be charged 5USD monthly.
Look they officially send it through email and confirmed on Telegram.





I think that they officially bury themselves.
165  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinmarketcap or Coingecko? on: May 26, 2020, 03:25:12 PM
These website provide basic informations about cryptocurrencies such as price, total coin supply, circulating coin supply, website, news but I do not see any diffrence between both platform. Only coingecko listed more cryptocurrencies, so when the coin is listed on Coinmarketcap, it makes it little bit more worthy.
166  Alternate cryptocurrencies / Altcoin Discussion / Re: Samsung Galaxy S20 Smart Phone will Support Bitcoin, Ethereum and TRON on: May 26, 2020, 01:30:31 PM
For sure it is good for massive crypto adoption, but we have to ask if their wallet will be transparent, I mean cryptocommunity is paranoid and that is okay when it comes to money.
167  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you doing now? on: May 25, 2020, 05:25:04 PM
How do you survive in the current market situation?
If the bounty project is no longer profitable, what do you do now?
Guys, do you remember when Miracletele managed two phase of its bounty campaigns? The first mobile operator on the blockchain! How it ends up? Same as with every ICO, they just re-send mobile cards to the ICO investors  Cheesy.
168  Economy / Trading Discussion / Re: Are you using a trading bot? on: May 25, 2020, 03:58:17 PM
I'm using BitUniverse's Grid Trading Bot, and I think it's really good to buy low and sell high everyday for me, cause the market is fluctuating recently. More importantly, it's totally free and supports 20+ exchanges like Binance. Any more bots are you using? Please recommend.  Huh
The only thing what this bot done is sell a token when it grows and buy when it falls down, but this you can do without a bot too. But, I am finding something that actually trades by signals, but in most cases these signals are useless because it is something like betting tips half/half win/lose ratio.  Smiley
169  Economy / Trading Discussion / Re: Margin trading. Where to start? on: May 24, 2020, 06:07:16 PM
Margin trading could be very profitable tool, but it is very dangerous. Why do you think that Bitmex genereated such profit? From margin trading, I do not know about anyone who really trade with leverage on daily basis. You can loose your whole portfolio in few seconds!  Embarrassed
170  Economy / Trading Discussion / Re: When to buy - question to Hodlers on: May 24, 2020, 05:48:53 PM
If you are going to buy BTC right now, be careful because it doesnīt look like that the market will go up. Trading volume is decreasing and there is a big drop on hashing power, it dropped by tens of percents, last time that hashing power dropped so much, price followed it.  Cry
171  Alternate cryptocurrencies / Altcoin Discussion / Re: Enough of bounty scam, you can help to stop it too. on: May 24, 2020, 02:48:28 PM
But at first you need to realize that even the bounty is not well-managed it doesnīt mean that the project what you are promoting is a scam. But they just hired a bad bounty manager, secondly even the bounty campaign is well-managed you can promote a scam and someone could loose a real money, so be careful and do not forget about the others.  Wink
172  Alternate cryptocurrencies / Altcoin Discussion / Re: Token been sent to 0x0000000000000000000000000000000000000000 on: May 23, 2020, 01:03:31 PM
It was probably sent by a smart contract to the burning address.  Wink But, I thought that it is not possible to send it from the wallet you donīt have a private key, I thought that you can burn only tokens that are in your wallet from which you have a private key.
173  Alternate cryptocurrencies / Altcoin Discussion / Re: Exchanges Tokens on: May 23, 2020, 12:12:57 PM
Do not fall into an idea that exchange tokens will bring you profit. They claim that you will get a passive income when you hold the tokens, but never forget about the fact that a lot of exchanges has very small trading volume, so they do not earn enough money and that means very weak reward.  Smiley
174  Alternate cryptocurrencies / Altcoin Discussion / Re: About Privacy Coins on: May 21, 2020, 04:09:48 PM
The problem with privacy coins is the Lightning Network because it is a smart way how to send instantly Bitcoins with a privacy feature, so for me now almost all privacy coins doesnt make a sense in my opinion.
175  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency for Casino Games on: May 21, 2020, 03:49:39 PM
EarnBet is a great casino with its own token and I really like the idea, more you play more you earn because all players are receing tokens for playing and this tokens entitles to passive income that come from company's profit.
176  Alternate cryptocurrencies / Altcoin Discussion / Re: Coins for 2020 on: May 21, 2020, 02:43:15 PM
There are two opinions, some say that more you diversify more potential profit you get with a minimal risk, others say that it is better to focus on one thing and completely understand it and after that you can get the profit.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about investing in Eos on: May 20, 2020, 05:06:48 PM
Why would you invest into EOS, when you can invest into an original Ethereum and not into a copy-paste project.
Ethereum now announced three big updates, so it would be better than anytime before, plus VISA is going to create a stable coin solution on Ethereum network!
178  Alternate cryptocurrencies / Altcoin Discussion / Re: Help! Sent BCH to a BTC Address! on: May 20, 2020, 04:37:10 PM
Yes, probably you will not see your Bitcoin Cash coins because both chains are not compatible and the transaction reversal is not possible. Also I think that the private key from Bitcoin Cash network will not generate same address on Bitcoin network.
So next time, be more careful.  Wink
179  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is safer, USDT or Binance USD? on: May 20, 2020, 12:17:19 PM
Tether is much bigger company than Binance, but also Tether has much more problems than Binance. Also Tether is not completely backed 1:1 with real USDs, so my choice would be definetely BinanceUSD, but the problem is, that if something happen to Binance, it will also affect the token.  Roll Eyes
180  Economy / Trading Discussion / Re: Your Best trading platform is? on: May 19, 2020, 04:11:09 PM
Have you heard about the recent case regarding Bitmex? They are accused of money laundering amounting to three billion US dollars! If it is true, that would be a huge problem for Bitcoin because still Bitmex belongs among the biggest crypto-exchanges and and its closure would mean a huge drop in trading volume.
 
More informations in this article: https://www.theblockcrypto.com/post/65618/bitmex-accused-of-money-laundering-market-manipulation-in-new-lawsuit
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