Latoken will charge you 5USD monthly, if you are not active.

[Lorokan]

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.

This will only happen it people allows that, charging people not using exchange platform is against the blockchain and against every thing the blockchain stands for.
The best solution is to boycott latoken, its shit anyways, and remember, your funds are important than any exchange platfom

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[alan2here]

I think this is a marketing strategy for them to force their users to use their exchange, This is a very bad move especially they are not that big and reputable exchange. The users will more likely avoid this exchange because of this forceful act. They are just making their users run away from them 

To think of that they aren't a big exchange, They are possibly not making such a decent amount of profit and commission from their exchange so they are forcing users to use their exchange. This is a very bad move for them.

If they do this, the investor will surely feel this exchange is very bad, and traders here will tend to choose a better exchange to invest.

I think losing money without trading is ridiculous, and it certainly only makes Latoken lose more customers. Personally, I have never traded here and will never choose because this exchange will only make you more frustrated.

[alkuluku]

If they do this, the investor will surely feel this exchange is very bad, and traders here will tend to choose a better exchange to invest.

I think losing money without trading is ridiculous, and it certainly only makes Latoken lose more customers. Personally, I have never traded here and will never choose because this exchange will only make you more frustrated.

It will also be an bad move for small inverters.

[Lizzylove1]

Who will leave their fund on Latoken exchange? An exchange that sells scam IEO to its customers and and cause customers huge financial losses, they expect same customers to be actively patronizing them? They are a joker.

[BitcoinTurk]

Yesterday I received such an e-mail, but even though it was sent from the official e-mail address, I did not consider it because I no longer use this service. If I have to use it in a possible situation, I am thinking of opening and using a new account because I do not want to pay a fee of 5 USD each month for such nonsense. Moreover, the service is poor quality and transaction volumes are also quite bad. As someone who does not like the mentioned service anyway, I will never use it anymore because this has been extremely ridiculous. Instead of doing this, things could be done, such as deactivating inactive accounts after a while or identifying and closing multiple accounts users' accounts. But we see that the Latoken team will again lose their users with a ridiculous decision.

[CaVO32]

Who will leave their fund on Latoken exchange? An exchange that sells scam IEO to its customers and and cause customers huge financial losses, they expect same customers to be actively patronizing them? They are a joker.

Such move is their loss actually. Small traders will not leave their funds on them aside from the fact that there are other allegations thrown to them. This is the first crytpo exchange that I encountered charging their clients monthly fees. I hope others will wake up and not use this exchange anymore. If traders will not use their platform, I don't think they will impose such fees. Or they need to shut down their services forever so they will not victimized other traders.

[BuNga_cute]

This is the wrong step taken by Latoken exchange, by giving a 5 USD monthly charge for those who are inactive too much
in my opinion. And of the many exchanges only Latoken applies it, this will make users uncomfortable. And the worst thing
that will happen is that many Latoken users will move to other exchanges. If this happens, bad impact for Latoken exchange
itself.

[Twinkledoe]

This is the wrong step taken by Latoken exchange, by giving a 5 USD monthly charge for those who are inactive too much
in my opinion. And of the many exchanges only Latoken applies it, this will make users uncomfortable. And the worst thing
that will happen is that many Latoken users will move to other exchanges. If this happens, bad impact for Latoken exchange
itself.

What I am thinking with this unreasonable move from them? They just kill themselves.  A lot of exchanges are still alive because of those small time traders and if they will have this monthly fee, I don't think small traders will ever use their exchange again. Time to pack up and get all your funds from them. I don't think paying such monthly fee is worth it while other reputable exchanges are not charging anything.

[Baoanhbmt]

Lots of airdropped or small projects altcoins are often traded on Latoken. Sometimes altcoins value is so small, than it is impossible to withdraw them. Now these funds can be officially "taken" from users account. $5 every month from many subscribers who are not active in trading could be a lot.Latoken exchange is famous for fake volume and fake IEO. Now with this new policy I'm sure Latoken exchange increasingly avoided by investors. You should only use big exchanges. At Binance they have low fee, high volume and lots of potential alts there.

[Dart18]

Oh crap! They are going to eat my dust there. 

Ain't this a great move from LAToken?
To avoid traders making their exchange like a wallet.
Also, it would keep them safe if ever a hacking incident will happen.

[dragon695]

This is the wrong step taken by Latoken exchange, by giving a 5 USD monthly charge for those who are inactive too much
in my opinion. And of the many exchanges only Latoken applies it, this will make users uncomfortable. And the worst thing
that will happen is that many Latoken users will move to other exchanges. If this happens, bad impact for Latoken exchange
itself.

Right! I don't know what their reasons are, but this is not a wise move. I prefer to use other exchange platforms such as Bittrex, Binance, Kucoin,.. than LAToken exchange! Their token is not worth that much, guys!

[Shallow]

This is funny coming from an exchange which doesn't have good reviews from a number of users. However, people have been warned to store assets off exchanges maybe with this step, those holding on their exchange will have to withdraw, because I don't think it makes sense when there are other better exchanges. Normally I would say it is not my concern because I have no business with them but I think people need to understand that Latoken isn't a good exchange and with this, many people will likely take their leave.

[cryptothreads]

This is funny coming from an exchange which doesn't have good reviews from a number of users. However, people have been warned to store assets off exchanges maybe with this step, those holding on their exchange will have to withdraw, because I don't think it makes sense when there are other better exchanges. Normally I would say it is not my concern because I have no business with them but I think people need to understand that Latoken isn't a good exchange and with this, many people will likely take their leave.

After they started charging users, I withdrawal all my assets from this exchange, I don't usually trade here, but there are some coins I earn from bonus campaigns, and only Latoken can be sold.

Of course, after losing $5 monthly without trading, it is best to switch to Binance or Huobi because these two exchanges are more reliable for investors.

[lucky80]

The problem is that I don't receive any warning about inactivity. They never even send me an email about the inactivity fees. Taking the user's coins without notification is premeditated theft, lol.

We are very busy and desperately need notification. Even this forum has notifications. I realized this when I logged in today. They really want to go bankrupt. I have lost my IMT token which I bought for 50 bucks. Damn, I love that token lol.

Edit: The IMT token is even not in Top 100 CMC. They announce that in their website https://latoken.com/fees (archive: http://archive.is/jgQnP )

[Shasha80]

I haven't used Latoken for trading in a while, but I still have some tokens that I got from the bounty campaign. But after getting
a notification regarding the new policy, I finally decided to withdraw the assets I have at Latoken. I feel the new policy imposed
by Latoken is very burdensome, having to pay 5 USD because inactivity is a bad policy. The steps Latoken takes will make users
switch to other exchanges. I don't understand the purpose of Latoken in issuing the policy, it will only have a negative impact on
the Latoken exchange itself.

[Maestro75]

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?

I think the loss will not be the old clients. It will be with those who will want to have the urge to patronise them. It will discourage newcomers from registering on Latoken. It is not even a top exchange to start with so why make a tough rule to cost it have a bad reputation. Thank you to the OP for bringing this to my notice too.

[djmixen]

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.

Form the very start, Latoken is not that good exchange for my own perception. I've seen it many of their coin listed became a piece of shit in the end. And charging 5$ each inactive users is too much, to be honest with you. Unless if La token is like Binance, Okex, Bittrex but it's not!
So, I don't care about their rules anyway.

[Slow death]

When I looked at the title of this thread, I thought: will all exchanges in the future follow the same path? minutes later i remembered that the other day i received an email from skrill informing me that they would charge $5000 because my account has been inactive for more than 1 year, but funny Is that skrill himself blocked my account without any convincing reason. If all the services keep putting these crazy rules I highly doubt that they will have customers

[hulla]

When I looked at the title of this thread, I thought: will all exchanges in the future follow the same path? minutes later i remembered that the other day i received an email from skrill informing me that they would charge $5000 because my account has been inactive for more than 1 year, but funny Is that skrill himself blocked my account without any convincing reason. If all the services keep putting these crazy rules I highly doubt that they will have customers

There's chance that others exchange will enforce the rules of charging their users who's inactive for years in other to strengthen their business but I'm still surprised the OP account was charged $5 monthly for not been active cause I have an old account on Latoken which i usually use to sell shit token/coin and I havent such charges OP must have signed up for some features.

[cheezcarls]

Last year, my colleague told me to avoid LAToken exchange because of their shady tactics, wash trading, etc. Despite that I had a good friend who is working there and been doing consistent virtual events, I just don’t want to engage in their activities anymore. They invite a lot of speakers and having pitch competitions as well.

I didn’t have any assets stored on LAToken despite that I have an account. I wouldn’t trust storing my assets in an exchange where I don’t have the full custody of them.

For me, it seems that they are losing revenue, that’s why they’re charging $5 USD monthly. Although that it’s just a price of a Starbucks frappe, it’s not ideal for an exchange to do that.