@TeamWinMiner
I know you guys are swamped. Trying not to pester support, but really would like some clarification on the payout fees.
I withdrew $150 the other day. PayPal fees were 7.27, and your fees were 4.50.
I'm not complaining about the fees, but I want to understand them. I'm assuming the PayPal fee a percentage, but is it the same percentage regardless of the amount transferred? Same question about your fees. Is it a flat 4.50 no matter how much is transferred, or is a percentage as well?
Please explain, or point me to where this is posted.
Thank you!
from personal experience withdrawing 20$ a week ago just to check how it worked, the Paypal fee seems to be linear because they charged me 0.97$ (0.97x7.5=7.27, your fee), and the Winminer fee is 3%, also linear. I paid 0.6$ when I withdrawed 20$ and you paid 4.50 (150x3%=4.50).
Thank you for the info. So we're looking at just under 8% to withdraw via PayPal. Hurts, but I guess it is just part of the game.
Personally I am hoping for some larger Amazon gift card options since the percentage will likely be less, and Amazon gift cards are as good as cash around my house...
(Currently it looks like $20 cards with a $1 fee are all that is offered. I know that is 5%, but it actually ends up being 10% for me. See, everything I buy at Amazon I normally purchase with their 5% cash back credit card. If I shop with a gift card that cost me 5% to acquire I also lose that 5% discount. Hence, for me the Amazon option effectively costs me 10%, so I'll stick with PayPal until better options present themselves.)
Thanks again.