Bitstamp exchange introduces subscription fee for inactive accounts – Bits Media

Cryptocurrency exchange Bitstamp said, that the subscription fee will be automatically introduced for accounts with assets amounting to less $200, who have not made any transactions during 12 and more months.

maybe, With the help of this commission, the management of the exchange is trying to get at least some profit against the backdrop of a fall in the cryptocurrency market and trading volumes. The subscription fee will begin to be charged from 1 August this year, and its amount will be 10 euro. Interesting, that US users will be exempt from paying fees.

"The majority of users will not be affected by this inactivity fee. Nobody likes subscription fees and commissions (and we don't like it either!). However, there is a cost associated with maintaining inactive accounts.. AND, to ensure we continue to provide high quality services to all our clients, We have made this difficult decision.", – said in a statement from the exchange.

The trading volume on cryptocurrency exchanges in June of this year amounted to $622 billion. Platforms are looking for various opportunities to generate additional income. for instance, Coinbase exchange launched testing of the Coinbase One subscription last fall, which will allow commissions for traders to be zeroed out.