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    Saturday, December 18, 2021

    Litecoin Warning: Abra has (HIGH) hidden fees

    Litecoin Warning: Abra has (HIGH) hidden fees


    Warning: Abra has (HIGH) hidden fees

    Posted: 17 Dec 2021 03:16 PM PST

    I did my first deposit in BTC on Abra last week (about 30eur) to get the referral bonus.

    A few days ago I deposited an amount of almost 400USD in BTC and I traded them to USDT to check the best option to withdraw them.

    I did this because there are no fees, as stated in the website, however if you check the " * " it says:

    *There will be no transaction fees for exchanging between currencies, although Abra will make money on the exchange spread.

    The stated fees were 0 also at the checkout, however if you convert the amounts in usd/eur you will find that the btc bought are less than the usdt sold: the amounts do not match.

    Here a screenshot about the price difference between buy/sell, almost 8eur as fees.

    They also offer a cashback program payed in cprx but I have never received them.

    submitted by /u/Warm-Sun-7038
    [link] [comments]

    LVL (never heard of them before today) had some choice words for litecoin

    Posted: 17 Dec 2021 06:42 AM PST

    Litecoin
    Our first priority is always our customers. In this case, our customers' actions indicate they do not greatly care about Litecoin. It is our least used, held, or traded asset. In addition, it is a clone of Bitcoin which bitcoin's own improvements have since made mostly irrelevant. So, we have decided to delist and remove Litecoin. No customer funds will be negatively affected, and we will share a strategy for this soon.

    https://www.lvl.co/blog/why-bitcoin

    submitted by /u/Grabow
    [link] [comments]

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