|
December 06, 2013, 06:53:37 PM |
|
It does seem like Cavirtex is going through some growing pains. Currently the registration backlog is around two weeks.
Moreover, I sent them some money by direct withdrawal, and while it came out of my account the next day, it has been over a week and it still isn't showing up in my account.
Their fees also seem excessive: 1.5% trade fee for buying or selling, which means that they make 3% on every trade. With the volume they advertise doing, this is around $45k/day in fees. There's also a $30 fee for sending them money by direct withdrawal, a fee for withdrawing money, and a fee of 0.001BTC for sending bitcoins.
Some other glitches as well: Right now their site is down. And a couple of days ago, BTC sending was disabled for about half a day.
I hope they are able to improve quality of service and also bring the fees in line with what other exchanges charge.
|