Post
Topic
Board Service Discussion
Re: Bitstamp TX Fee Exploit - Charge 1.16% instead of 0.2% without your consent
by
dreamspark
on 09/05/2014, 10:31:12 UTC
They are still going to charge much higher than the posted fees in some cases. The minimum is $5, that's great. But what about $5.01? The fee should be $0.01002 but instead you will be charged $0.02. Okay the breakage seems capped at double now, but that's still a lot.

Their base fee is .5%.
If you place a $5 order you should be charged $0.025, but instead you will be charged $0.03.

In other words, even with their "fix", you'd get charged 20% more than advertised.

I see folks cheering because their answer to the situation was fast...
It's as if the people here would be happy to be served a plate of steaming shit in a restaurant, instead of actual food, as long as the waiter's fast.

so lets close our accounts in Bitstamp and start using your shitty exchange right ? because you've got it all figured out....

It doesn't matter whether he has an exchange thats worse or better he's demonstrating that there is still an issue. Rather than attacking him why don't you raise some valid counter points?