Tag: fees

Ethereum Surpasses 700,000 Ether in Total Network Fees

May 28, 2020 Crypto
ETH Looks Stable
Every individual cryptocurrency network has many different statistics worth keeping an eye on. The Ethereum network recently surpassed 700,000 Ether in total fees paid, which marks a rather interesting milestone. No one can deny that there are very few successful crypto projects out there. An Interesting Milestone for Ethereum Based on user adoption, transaction values, and fees, only a handful of crypto assets make a real impact. Ethereum certainly belongs …
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OpenLedger Suddenly Raises Withdrawal Fees to 5%

December 20, 2019 Crypto
transaction fees
Centralized exchanges have been both a blessing and a curse upon the crypto industry. OpenLedger recently introduced some odd changes that don’t sit well with its users. When an exchange increases withdrawal fees for no apparent reason, there will be some dismay. What is Going on at OpenLedger? Those fees now sit at 5% of the total withdrawal amount, at least where OpenLedger is concerned. Interestingly enough, it appears that …
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Canadian Cryptocurrency Exchanges Suffer From Rather High Fees Right Now

April 26, 2018 Crypto, News
TheMerkle Canada Police Scam Bitcoin ATM
A lot of cryptocurrency enthusiasts rely on centralized exchanges to buy and sell Bitcoin or altcoins. In Canada, there are a fair few trading platforms to use, although they are all seemingly rather expensive. An interesting comparison put together by a Reddit user shows how Canadians are rather shafted when it comes to buying and selling cryptocurrency. Something will need to change in this regard to make cryptocurrencies more appealing in that country. Canada’s …
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JPMorgan Chase Customer Files Lawsuit Over Cash Advance Fees on Bitcoin Purchases

April 13, 2018 Crypto, News
TheMerkle JPMorgan Bitcoin Futures
Justice is often a dish best served cold. In the world of Bitcoin and other cryptocurrencies, it seems a major victory has been scored. More specifically, JPMorgan Chase faces a lawsuit for charging customers a cash advance fee when they attempted to buy cryptocurrency from certain exchanges. It was only a matter of time until that “change of heart” resulted in negative press for the bank. JPMorgan Chase has a big …
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