Post
Topic
Board Exchanges
Re: [ANN] SPECTROCOIN.COM Bitcoin Exchange, Wallet, Debit Card and Merchant solution
by
SpectroCoin_support
on 04/02/2017, 23:08:30 UTC
For Lithuanians (gonna type it in english for everyone just in case) :

1) Depositing cash to BTC using Foxbox terminal Spectrocoin charges ~10-11% hidden fee which they do not disclose when selecting a deposit method on their website.
It's a huge fee. On Foxbox page is written that there are 0% commission for deposits - http://www.foxbox.lt/?page_id=1969, so fees goes to Spectrocoin I think.
I think that someone from Spectrocoin have to explain situation, because 10-11% fee is way too much, especially when fee is hidden.
Foxbox is charging the fee from us, there is no commission fee for client, but the merchant (us) has to pay foxbox for money collection. It is the same as shops are paying to process VISA or MasterCard cards while the payer is not affected by these fees.