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Author Topic: Latoken will charge you 5USD monthly, if you are not active.  (Read 520 times)
iamaruf
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August 24, 2020, 11:43:00 AM
 #81

Then they will lose a lot of traders. Actually I am not a fan of LAtoken Exchanger but I think 5$ fee rule is a bad move. One more thing to ask ( I don't have an account on Latoken that's why asking) inactivity means if you don't trade on LAtoken or if you don't log in Latoken for a long time? Would you please clear me.

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August 25, 2020, 05:50:48 PM
 #82

I guess they do not want inactive people on their website which could be understandable however there is also the fact that any business that can hold other people's money on their behalf could use that money to make money without really having to worry about charging anyone anything.

Look at insurance companies and banks, they are still charging people for having money as well but there are now some that do not because honestly they have enough money from the customers to actually use that money to make more money whereas it is not even theirs, it is ours.

Same could be done by latoken as well, it is your crypto that they are holding but they could definitely use that money to make more profit, such as masternodes or proof of stake coins which could help them earn even more.

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August 26, 2020, 12:40:10 AM
 #83

unbelievable  Huh
ice18
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August 26, 2020, 07:31:32 AM
 #84

Sounds funny and ridiculous charging you for inactivity lol Im not using this exchange since liquidity is too low and trading volume looks fake new altcoins that listed on this exchange has very low liquidity much better decentralized exchange with huge liquidity.   

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August 26, 2020, 02:38:23 PM
 #85

Latoken will never charge 5 USD monthly It seems like a lot of scams. There are many exchange sites in the crypto market so it doesn't seem like much to believe. Most of the tokens here do not come in the market and they are scammed and also the transactions are much slower. That's why the safer fees for exchanging at other sites are much lower and the monthly charges are less it's depth is much easier to determine.
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August 27, 2020, 07:09:47 PM
 #86

But from the photo you have posted, it’s clearly stated that they won’t charge you that amount, unless you have been inactive for over six months. And moreover it’s not advisable to leave funds on an exchange if you’re not trading with those funds. If you don’t want to trade it’s best that you move your funds to your personal wallet than keeping it on an exchange.

Apart from that I think this is a way for them to make inactive users to be active and start trading, instead of just leaving those funds on their exchange without doing anything at all. I don’t really see anything wrong with it, but it’s all your choice, you can still find another exchange or just move it to your personal wallet.

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August 28, 2020, 05:33:11 AM
 #87

Sounds funny and ridiculous charging you for inactivity lol Im not using this exchange since liquidity is too low and trading volume looks fake new altcoins that listed on this exchange has very low liquidity much better decentralized exchange with huge liquidity.   
So far, I have also avoided using this exchange. however, if deducting is inactive in that regard, cutting off the asset by $ 5 is an odd thing to do. This isn't the first time I've heard anything negative from Latoken. Therefore, I avoided using latoken as an exchange.
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August 28, 2020, 06:02:54 AM
 #88

Latoken business model is simple: money, money, money

Any shitcoin can IEO on Latoken and pump/dump themselves using their market maker as long as they pay the listing fee.

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August 28, 2020, 08:40:32 AM
 #89

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.
What?are they out of mind?traders will trade whenever they thing it is profitable and if they have enough time to keep focusing in trading,but if not they will at least leave the funds in exchange(in which i totally disagree from the start though there are many traders doing this still).

this is not fair for those not active in trading and thinkingthat their money is safe in LaToken and suddenly when they come back after a year or 2?what will they find is no balance because of this continues charging monthly?

This is shame in Trading exchange,maybe with this LaToken will lose many traders since Binance is the best home for them now.
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August 30, 2020, 03:02:46 PM
 #90

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.

i'm so sorry,
I don't recommend Latoken and p2pb2b market exchange,
according to my experience:
1. fake volume of most bots.
2. WD fee is quite high compared to other markets
3. the WD process is quite long, sometimes you even have to chat support first.
4.The promised airdrop value was est. 10 $, but in fact it was less than 1 $ (my experience)

and maybe you all want to add. ; D; D

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