1/ Anyone who charges based on a percentage basis is going to fall. That's fee terrorism. Thanks to Blockchain. The fee has to be based on the actual cost and should be transparent.
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1/ Anyone who charges based on a percentage basis is going to fall. That's fee terrorism. Thanks to Blockchain. The fee has to be based on the actual cost and should be transparent.
What's the percentage they are charging?
I am not using them anymore since 2019. But at that time it was roughly 3 to 4.5%.
I am still using Skrill, they charge 1.45%. They were charging 2%, but after the popularity of crypto, they reduced it to 1.45%.
Ouch! 3 to 4.5% is a bit much.
Glad there are alternatives!