Cryptocurrency exchange Bitstamp will start charging monthly fees from some inactive account holders. The platform announced this in a blog post.
The “inactivity fee” will start to apply from 1 August and will cost €10 per month. Applies to customers with an account balance of less than €200 and who have not traded, deposited or withdrawn their assets to Bitstamp within a year.
You can avoid additional fees:
- buying or selling cryptocurrencies (minimum amount $25, EUR or GBP);
- deposit or withdrawal (similar minimum amount);
- Staking with Bitstamp Earn.
The site team explained the innovation with the cost of maintaining inactive accounts.
Recall that in April, Bitstamp asked customers for information about the source of their crypto assets. Users reported that the exchange closed withdrawals for EU customers who did not verify the source of the deposit.
In May, the site announced the appointment of a new CEO.
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Source: Fork Log
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