Post
Topic
Board Bitcoin Discussion
Re: Satoshis left on exchanges
by
cointinflas
on 04/02/2016, 01:11:16 UTC
I already have a lot of satoshis lost around several bitcoin exchanges. I can't withdraw those satoshis because they don't even worth the fees.
Like me there's thousands of others in the same situation which would make a lot of BTC. So I take it that exchanges keep these satoshis for them.

What do you think? Should exchanges be responsible for the fees and return every satoshi to their owners?

Good question.  If one Satoshi would ever become valuable then people would deeply regret keeping even a few satoshis on an exchange.  There would be no recourse because I am sure there is an agreement made when using the exchanges service that there is a fee. Maybe if exchanges had a pop up, prior to depositing, that there is a withdraw fee because for some you dont know until you have to withdraw.

If the remainings are smaller than the fees, why bother? I don't understand this discussion. Fees are the price to pay for the confort of having an exchange at one's disposal...