Bitstamp Drops Inactivity Fee Following Massive Backlash From Community
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Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community.
The exchange announced today that they are scrapping the idea, saying:
"After listening to our community’s response, we’ve changed course. There will be no inactivity fee."
Bitstamp announced last week that, starting August 1, they would charge non-US customers who had balances of less than EUR 200 a 10-euro monthly fee if they hadn't been active for the last 12 months.
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