Replying to Avatar TheBitcoinManual

Yet another short story of not your keys not your coins playing out #JPEX limiting withdrawals and hiking withdrawal fees to encourage people to hold their bags and get rekt along with the company

Imagine being stuck with funds on an exchange charging you $1000 to withdraw, they are literally trying to tax a bank run to keep themselves afloat.

No matter how good an exchange looks, how great their marketing is, how many awards they've won, make sure you remove you #bitcoin from it and put it into cold storage, trust no one!

https://cointelegraph.com/news/jpex-increases-withdrawal-fee-to-almost-1k-after-warning-from-hong-kong-s-watchdog

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DJ Valerie B LOVE🩷 2y ago

Ugh.

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TheBitcoinManual 2y ago

30% APR got them in 999 tax on withdrawls gets you out, we are doomed to repeat this mistake a few more times aren't we?

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Hoshi 2y ago

Interesting! Letting the small fish bleed while the influential once can get away. Did they fear revenge? Sudden „accidents“?

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