You are viewing a single comment's thread from:

RE: Cryptopia is robbing my Safex Coins :'( help !!! help !!! help !!!!!!!

in #safex7 years ago

Yes, its unfortunate what happened with Cryptopia. A lot of crypto investors are losing faith in Cryptopia because of the SAFEX and ETN delistings. However, the fee is actually not set by Cryptopia but by the blockchain itself. If I'm not mistaken, SAFEX is built on the BTC blockchain so they share the same fees. That's why the fee is 1500 coins. It really sucks but there's not much you can do about that. I wish Cryptopia at least gave you the option to trade SAFEX for another coin that they do have on their exchange.

Sort:  

There are different transaction fees for different coins on different exchanges, which means the transaction fees are decided by the exchanges.

Sorry Brandon, seems like you have been misinformed by someone on how exchange fees works!
In blockchain technology only cost for any transaction is mining cost paid to miners which is hardly noticeable and thats the whole reason why blockchain technology is currently implemented in monetary system.

Cryptopia is one exchange trying to look innocent by giving out lame stupid excuses for its actions! I have bought Safex from tradesatoshi and transfer fee was just 350 safe coins, which was clearly explained by exchange including their profit!

So now you can guess what short of profit margin Cryptopia is working on, specially when delisting a coin they should have informed in advance to users. But its very clear what their intensions were behind just delist it without informing users like other exchanges does in advance!

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.030
BTC 65266.27
ETH 2639.14
USDT 1.00
SBD 2.84