Quote:
Originally Posted by Ferra
Not really into these cryptocurrency thing, but I got curious and google coinsquare..
https://coinsquare.com/funding_options
They charge 2.5% to fund your account (10% if you use credit card) and another 2% to withdraw money!??? 
Is this a normal thing for crytocurrency? Off the bat you already lose 4.5% from the funding & withdrawal fees.
I can't imagine any stock brokerage charging fees like that to deposit and withdraw money.
Hell, most of them will actually give you back money or gift if you deposit a large amounts of funds with them.
This just seems a bit retarded. I thought crytocurrency suppose to be decentralize, no fee, no middle man, etc lol |
The swing on cryptocurrency tends to be much greater than 4.5%. Some of them can go up 700+% quickly. No, I am not joking.