I have some bitcoins in an exchange and I found today that, without any transactions being made, the quantity has gone down.
I have contacted the exchange who have said:
the balance varies according to the prices that are floating
Is this correct? In my view the quantity of bitcoins I have should not fluctuate, only the value of said coins. Or am I missing something?
Any explanations would be great!
Maybe the exchange has some hidden fees.I don`t know.
Or maybe the exchange monitors the bitcoin value in fiat money.
If you deposited 100 USD worth in bitcoins and btc price increased,those 100 USD are now worth
less bitcoins.