Cryptocurrency exchange Bitstamp has decided not to impose a monthly fee for some inactive account holders from August 1.
Earlier, representatives of the platform warned that they will start receiving €10 per month from customers who have not traded, deposited or withdrawn their assets throughout the year. The amount in their balance must be less than 200€.
Bitstamp’s decision caused a wave of criticism in the community. Some Twitter users described the move as a disappointment.
Others noted that “desperate times call for desperate measures.” According to one of the representatives of the community, this is the first time he encounters “pay for inaction.”
Bitstamp representatives noted that the company does not intend to deviate from its goal of being a safe and reliable platform.
“Thanks for talking, we heard you. As a result, we changed course. […] Customers can continue to use all services regardless of the time and balance since the previous activity.
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.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.