There is a huge problem with staking BCO on Cryptobridge. Once the period is up it seems your BCO are stuck unless you pay like a 15%+ fee to get them out. I tested with 20 BCO ($35 worth) and the system is asking for 3.47 BCO ($6) to get them back!!!
What is that!!!!!!
Feels like a scam to me
I actually like getting piles of sh*tcoins for my stake, but it said in the docs I'd get my stake back, but you dont you lost 17% of your coins in the process.
Whats worse I've staked another $500 in longer term stakes and now I'm expecting to get ripped off by nearly $100. I cant find what to expect anywhere.
When the period is over, if the coins arent reclaimed do they continue to stake??? I doubt it, but its not clear. Are the coinds dead unless I agree to be ripped by 15% to get them back.
Frankly is stinks.
Staking is a great idea but its totally ruined if its just going to rip me off. I beleive staking is to cut people in on the action not gouge them but I cant see that these charges are anything but a scam.
Am I getting it wrong? I'd be happy if it isn't the way it seems because the ideas are great.
So, in addition to having to pay the fee when staking BCO, we also have to pay some fee after the staking period is over to get the coins back?
Did I understand correctly? If so, this whole system sounds really bad. After all, I wish to have around 10 % yearly ROI but since I invest only small amounts, I end up paying almost 10 % just to stake. I really hope this is not the case.