Post
Topic
Board Scam Accusations
Re: coinpayments.net
by
HCP
on 22/07/2018, 22:54:10 UTC
Quote
Refund Policy - Tiny Amounts
For a refund to be honored it must be at least the network transaction fee (TX fee) for that coin times two, otherwise it will be forfeited.
pffft... given current fee levels of 1 sat/byte, the transaction fee shouldn't be any more than maybe 500-1000 sats... even if they use a "premium" rate to get quick confirmations.

I note that they're quite happy to accept that amount as a payment and then forward it on to a merchant. Surely, with their "fee rates", they wouldn't be able to send the money to the merchant either! Roll Eyes


Quote
We currently subsidize Bitcoin withdrawals so you pay a flat TX fee of 0.00050000 instead of the full TX fee.
WTF??!? seriously?? Shocked LOL... Another service that is out of touch with reality. Roll Eyes

While their ToS is a bit shit, they do clearly spell everything out... So, I guess you just learned a $4 lesson... Undecided Sad