On Cryptsy Cinni is almost through 22k! Mintpal is lagging! And frozen @ 25k on poloniex!
Why does Poloniex freeze Cinni? Why would any exchange "freeze" a coin?
Maybe because they are a fractional reserve exchange so they may not have enough Cinni in their wallets to back up a large number of users making withdrawals. And because of poor security and hacks they have to sweep user deposits to other addresses, making it difficult for public to see proof that all the coins present in user accounts and on markets are equal to what are in the exchange wallets.
Its different at Atomic, its very open and transparent with a liquidity page to prove exactly how many coins are held by the exchange, and where coins do get held hostage by the owners. This is possible because of the high level of security in its design that other exchanges do not have.
All my Cinni withdrawals from Atomic have immediate after confirming, I know this as i used it to set up my wallet for micro staking and every time it was 1-3 seconds for my wallet to notify me of it. All other Cryptsy, Mintpal, Polo, Bittrex would show irregular delays going into the minutes at least if not longer.
And they overcharge on Cinni and other altcoins tx fee and they keep the difference for themselves!
Withdrawal/TX fee should is min.
0.005 CINNI and charging 0.1 CINNI (Cryptsy) or 0.2 CINNI (Bittrex) from each withdrawal is too much - Its even more then Cinni faucet pays out when someone uses it
Mint also charges more but its not unreasonably higher at this time then the minimum amount set for Cinni.
Atomic Trade always charges specified minimum tx fee required and nothing more
