View Single Post
Old 04-20-2018, 12:03 PM   #2302
Ferra
I don't like cheese but I love milk!
 
Ferra's Avatar
 
Join Date: Nov 2002
Location: Van
Posts: 1,980
Thanked 895 Times in 243 Posts
Failed 105 Times in 49 Posts
Quote:
Originally Posted by Manic! View Post
This is for https://www.quadrigacx.com

Flexepin Voucher Min $20CAD - Max $500CAD $2,500CAD Instant 2.5% required
INTERAC® Online Min $50CAD - Max $2,000CAD $4,000CAD Instant 1.5%, Min $5CAD required
Bank Wire Min $50,000CAD - Max $500,000CAD $500,000CAD Within 5 Business Days 1% required
Crypto Capital Min $500CAD - Max $500,000CAD $500,000CAD Next Business Day Free required
QCX Voucher Min $5CAD - Max $5,000CAD $5,000CAD Instant Free --


The fees are from sending money from your bank to the exchange and getting money from the exchange to your bank. Everytime you use a bank card or credit card the store gets charged also bank wires, money orders and e transfers are not free.
Not really, the recipient of E-Transfer does not to pay any fee, merchants who accept interac pays about $0.10 per transaction
(If they are charging 2-3% to accept credit card, that's perfectly fair since merchants are charged 1.5-2.5%, but they are charging 10% to accept credit cards..)

Why there is a 2% fee just to accept money is beyond me... (And then another fee to withdraw money later)
The brokerage should make their money from the trading transaction fee...not from funding and withdrawal.

These cryto brokerage seem like a very shitty casino where they give you $98 in casino chips for every $100 cash, then when you want to cash out your they give you $96 cash for their $98 casino chips lol
Ferra is offline   Reply With Quote