Quote from: wtfvanity on November 08, 2013, 05:00:41 PM

Quote from: danone2001 on November 08, 2013, 04:58:07 PM

Hello everybody.
As a new forum member I am resorted to posting it here rather than in Cavirtex (Canadian bitcoin exchange) thread.
Recently Cavirtex, introduced an absolutely ridiculous new fee: inactivity fee.
They will be charging 50$ a month if you do not perform transactions during a year period.
For some people who created an account with them with a strategy to hold for a long term, that might spell very expensive bad news.

Cavirtex, are you out of your mind? Are you desperately trying to loose your customers?

If you are a Canadian and a Cavirtex customer, please express your opinion.
Also if you are a Canadian please let us know what alternative exchanges do you use?

$50 a month with no money in the account, or if it is funded?

My question to you, is are you out of your mind if you are holding funds, especially BTC with a third party? Bitcoin is made so YOU can control your funds. WTF are you doing leaving coins on their exchange?!?

If I've misunderstood, my apologies. What's the problem with keeping a couple bucks on there and once a year buying $1 worth of coins?

I do not plan to hold any equity with them. BUT - they force most of their customers to verify themselves and to sign a "pre authorized debit" form which effectively lets them into your bank account, similar to how you allow your utility bill to be charged directly from your bank account. So when they fill like charging you 50$ a month, they simply charge your bank account. Funding an account with cavirtex costs 30$ and buying of small amounts of BTC is forbidden to prevent market manipulation.