According to Bloomberg, Luxembourg-based Bitstamp is backtracking on its plan to introduce a €10 “inactivity fee” for its users, citing a statement from the firm’s CEO JB Graftieaux. According to the CEO’s statement, Bitstamp’s community reaction to the charges prompted a rethink of the initiative. Graftieaux reportedly said, “We have heard the response from our…
Bitstamp introduces ‘inactivity fee’ to shore up revenue
Crypto exchange Bitstamp has announced it will start charging an inactivity fee of €10 per month from August 1. The fee will not apply to users in the U.S. or those with an account balance of over €200. Bitstamp clarified that most customers are not affected by the new “inactivity fee.” The exchange said that affected…
Report: Coinbase is least risky crypto exchange to trade on
Market data aggregator CryptoCompare has named Coinbase the most transparent and accountable crypto exchange in the world, per the firm’s latest report that ranked 150 trading platforms. According to CryptoCompare’s researchers, the Brian Armstrong-led exchange is closely followed by crypto platforms such as Gemini, Binance, and Bitstamp. /1 Today, we are delighted to release our #ExchangeBenchmark…