Crypto exchanges charging for inactive accounts . Do you support this ?

[milewilda]

...Right now, they won't feel that, if the top exchange platforms don't have that kind of implementation, then it's not included in the top exchange in the market, always if I'm one of those who have an account there, I'll take out all my money from them, and I'll just switch to binance which is more trusted compared to their platform.

There is no point in transferring your money to another exchange, including on the Binance, if you are not going to use it for trading. And considering that after the collapse of FTX, the risks of losing your money on a centralized exchange increased, the best option would be to minimize your funds on CEX by sending them to your wallet.

I guess now after the FTX incident, many have understood when to keep their Bitcoins or coins in an exchange or not. I mean when to keep, when to not. If your plan is for HODL, then stay far from the exchanges, it doesn’t matter if the exchange is Binance or some new exchanges. If you want to trade then only deposit and do the work.
Moreover regarding the question asked in the OP, I don’t think top exchanges will do this tricks, at least the popular ones. I completely disagree with this type of charges.

We have exchange hacks and other related incidents in correlate with these platforms back in the past.People had been alarmed and learn up their lessons but time passes by then they do forget it out already
and trying out to trust up these platforms again and making it as their main wallet until the same scenario or situation happens again and ending up on a disaster.People never ever learn
and these exchangers are highly centralized and now they are making up some charges into those inactive  accounts? They are just simply too greedy.
Arent they that contented on what they are making on the current market situation or into those users as of this moment?

[uneng]

If Binance starts doing this soon, I'll sure be pulling out most of my funds there even the pennies that I've got or should I just be generous on them and keep it there for a while.

I doubt that an exchange like Binance is going to do this. They are making huge profit from the activity of users there in fees. They will not start charging for inactive accounts, that will in fact give bad name to them that they do not want.
This practice is being followed by small exchanges who are trying to remain profitable in bad times.

binance would never implement such stupid rules. regulations that will only burden inactive users with funds in them. it will just give binance a bad name indeed. Currently, Binance has made a lot of profit from trading fees and that is more than enough. Those who apply fees on inactive accounts are just exchanges that don't have much to gain and are trying to find other advantages. It is better to leave such exchanges and keep them in personal wallets it will be safer and without any cost.

Besides that, exchanges actually make profit from inactive users' funds which are abandoned there. They use this money to lend and generate profit which are partially paid to users who borrow and the other part they get for themselves. It's a very profitable business format already, so exchanges charging from inactive accounts are just being greedy and abusive with their customers. Platforms doing this are going to suffer a very negative impact on long term. There will be lots of users cashing out their funds and deleting accounts. The ones which have friendly features to customers will be the benefited ones.

[LUCKMCFLY]

If Binance starts doing this soon, I'll sure be pulling out most of my funds there even the pennies that I've got or should I just be generous on them and keep it there for a while.

I doubt that an exchange like Binance is going to do this. They are making huge profit from the activity of users there in fees. They will not start charging for inactive accounts, that will in fact give bad name to them that they do not want.
This practice is being followed by small exchanges who are trying to remain profitable in bad times.

binance would never implement such stupid rules. regulations that will only burden inactive users with funds in them. it will just give binance a bad name indeed. Currently, Binance has made a lot of profit from trading fees and that is more than enough. Those who apply fees on inactive accounts are just exchanges that don't have much to gain and are trying to find other advantages. It is better to leave such exchanges and keep them in personal wallets it will be safer and without any cost.

Besides that, exchanges actually make profit from inactive users' funds which are abandoned there. They use this money to lend and generate profit which are partially paid to users who borrow and the other part they get for themselves. It's a very profitable business format already, so exchanges charging from inactive accounts are just being greedy and abusive with their customers. Platforms doing this are going to suffer a very negative impact on long term. There will be lots of users cashing out their funds and deleting accounts. The ones which have friendly features to customers will be the benefited ones.

I will never agree that they charge for inactive accounts, neither in exchanges nor in casinos, this is something that exchanges invent to make profits, this is something I don't like, I have inactive accounts in some exchanges, and I don't I don't even want to enter because if I enter and they are going to charge me then I prefer to make a new account, I will never accept these things.

When an exchange does something like that to me, I think I would not enter again, for now I am only using an exchange and if it does something like that to me, I think I would stop using it, I don't really like these things, I prefer to use my personal wallet and Already.