Quote:
Originally Posted by Haupt_234
Really? Do they list these fees anywhere? I have never noticed any losses from Blockchain -> Circle.
They buried them in the FAQ, check it out for yourself
Here is an example, for some reason Circles value of BTC is usually higher than most markets. So I once moved like $2400 (first time I used circle) from BLOCK there and it turned into $2460 or something.
I thought this was awesome because the cashouts had no fees from circle to bank etc. so I was gaining a little.
Then I moved mid to high 4 figures a couple of times and here is an example of what happened.
Lets say I moved $8300 from CB to circle that $8300 was now like $8100 when it hit circle (the second time this happened I investigated). Had I done multiple amounts under $3000 one day at a time I would have actually gained money in the end.
So basically they bury this in the FAQ and rob you blind over and over until you figure it out.
There should be a warning about this somewhere that is not buried in the FAQ but there is not