LocalBitcoins introduces deposit fees

in #bitcoin • 7 years ago

Bitcoin fees are getting out of hand. After Kraken introduced a high fee for withdrawing Bitcoins, LocalBitcoins (the peer to peer Bitcoin sales platform) has introduced a fee for depositing Bitcoins.

This means that sellers now have to pay a fee to deposit their money into the service and pay a fee when selling, which results in higher fees than usually. I have personally sold on LocalBitcoins before, and their 0.2 BTC minimum for selling is pretty high (which isn't a fee), and now we have to pay even more fees. 

Read more about it on Cointelegraph: https://cointelegraph.com/news/network-costs-bite-as-localbitcoins-introduces-deposit-fees

#btc #segwit
7 years ago in #bitcoin by
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