Post
Topic
Board Altcoin Discussion
Re: Rules are Rules
by
freighttrain
on 26/07/2018, 20:03:11 UTC
Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.

Rules will help you to maintain your boundaries.

I was trying to sell my bounty tokens some days ago but I discovered that there was only one exchange that was trading it. On reading their policies,  I discovered that it is compulsory to complete KYC before withdrawal could be made.  Now,  all my documents are not ready yet.  I was not ready to send my tokens to that exchange and wait forever to withdraw them.
Though the value of my tokens have decreased considerably,  I'm happy keeping them. I cannot lose them to exchanges simply because I was mindful of the rules.
As you've said,  rules are rules.