Currency Exchange Fees: Are They Fair?

[Jsoliu004]

How many hours did you spend online today, have you spend like 4 hours,or more than that, also how much have you make at there, when did you start this online program,and what have you achieved at there

 

[Josemendez]

The exchange fee is a medium through which these wallets get money to cover up for their operation ,however this doesn't mean that they should charge high fee for processing transaction.i have stopped using these electronic wallets because of these high fees

 

[Grandeur]

Payer, perfect money, Skrill, PayPal and the host of others, I don't even really like making use of those payments platforms, why use them when I can easily transfer for way lower in my crypto wallet

 

[Jsoliu004]

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[Sincerem]

Lolz, the ethereum cryptocurrency we are criticizing now have done almost 10% with my 2 hours today, they actually called the signal but I wasn't even interested to enter the trade because of fear of uncertainty.

Those who are in love with this coin, knows about its potential well, they don't doubt it, that's why they kept faith on the coin, hoping it keeps on moving.

 

[Sotherefore]

Those who are in love with this coin, knows about its potential well, they don't doubt it, that's why they kept faith on the coin, hoping it keeps on moving.

I think ethereum has a big event that is coming up this month, that is why if you can observe it, the prices is going up. this event is something that will push the price of ethereum to 5000 and 10.000 dollars.

 

[Setho]

This is actually a ridiculous amount of money that you should be because of transaction fees. This is one of the reasons why I always encourage my clients to switch to cryptocurrencies if it doesn't inconvenience then.

 

[Mayox25]

The high fees they charge is ridiculous and and exploitative in nature. They are taking advantage of the fact that so many people are embracing the option of using their services.

 

[Sincerem]

I think ethereum has a big event that is coming up this month, that is why if you can observe it, the prices is going up. this event is something that will push the price of ethereum to 5000 and 10.000 dollars.

Hmm, that will be whopping indeed if the price of the coin will surge high with this saga of the event that will take it yo that point which we craved for.

 

[Tolumi]

Recently, I wanted some balance on my Skrill account. I used an exchange service. I sent 70 USD via Paypal to the exchange service and then received 62.3 USD on my Skrill account. Skrill converts balance to Euro and charges currency conversion fees and well as receiving fees. I ended having 52 Euro. I wanted funds on my Skrill account in order to fund my mobile wallet. Therefore, I sent Skrill balance to my mobile wallet and had to pay 1.11 Euro. When I received money on my wallet, I spend total $15 as exchange fees.

A couple of days ago I had also exchanged funds using Payeer and lost just about $10 while trying to exchange $80 worth of Litecoins

What do you think about the currency exchange fees charged by payment gateways?

This is highly ridiculous and outrageous. The fees have always been high with most exchanges and whenever any new exchange come onboard they promise little or zero fee only to be popular and follow the same route as others.

 

[Kingstone]

It's very painful to see them deducting heavy charges for conversion. They are the definition of don't catch your chicken before they are hatched. These charges are just too much to bear. I have also lost some money especially getting the money into my bank account.

 

[Bousine123]

Recently, I wanted some balance on my Skrill account. I used an exchange service. I sent 70 USD via Paypal to the exchange service and then received 62.3 USD on my Skrill account. Skrill converts balance to Euro and charges currency conversion fees and well as receiving fees. I ended having 52 Euro. I wanted funds on my Skrill account in order to fund my mobile wallet. Therefore, I sent Skrill balance to my mobile wallet and had to pay 1.11 Euro. When I received money on my wallet, I spend total $15 as exchange fees.

A couple of days ago I had also exchanged funds using Payeer and lost just about $10 while trying to exchange $80 worth of Litecoins

What do you think about the currency exchange fees charged by payment gateways?

Its simply outrageous. There is no better way to describe it. Although Cryptocurrency is volatile, I'll prefer making payments with it.

 

[Hena101]

I think there are factors that are considered in the financial market before setting the price exchange of every currency if I'm not mistaking.

 

[Dowenship]

Recently, I wanted some balance on my Skrill account. I used an exchange service. I sent 70 USD via Paypal to the exchange service and then received 62.3 USD on my Skrill account. Skrill converts balance to Euro and charges currency conversion fees and well as receiving fees. I ended having 52 Euro. I wanted funds on my Skrill account in order to fund my mobile wallet. Therefore, I sent Skrill balance to my mobile wallet and had to pay 1.11 Euro. When I received money on my wallet, I spend total $15 as exchange fees.

A couple of days ago I had also exchanged funds using Payeer and lost just about $10 while trying to exchange $80 worth of Litecoins

What do you think about the currency exchange fees charged by payment gateways?

That's why crypto currency is going to take over all of them unless they adopt crypto just like PayPal accept bitcoin as means of transaction. The fees are just annoying.

 

[Richard92]

Lolz, the ethereum cryptocurrency we are criticizing now have done almost 10% with my 2 hours today, they actually called the signal but I wasn't even interested to enter the trade because of fear of uncertainty.

Most times people who criticize the currency exchange fee and say it is not fair and people now ck2 currency has a very fast means of sending money from one person to another.

 

[Sotherefore]

Hmm, that will be whopping indeed if the price of the coin will surge high with this saga of the event that will take it yo that point which we craved for.

Well we are just expecting to see how is going to be ,because tomorrow is the event and we are expecting the price to give a continuous rise, people who have been on the trade will be making some profits by now.

 

[Sincerem]

Well we are just expecting to see how is going to be ,because tomorrow is the event and we are expecting the price to give a continuous rise, people who have been on the trade will be making some profits by now.

The event is today, I heard about it when Bundle Africa brought the information that ETH withdrawals will be shut down together with USDT coin and one other coin. Cos they're undergoing hard fork at that time.

 

[Sotherefore]

The event is today, I heard about it when Bundle Africa brought the information that ETH withdrawals will be shut down together with USDT coin and one other coin. Cos they're undergoing hard fork at that time.

I just believe this will not affect the price of ethereum negatively because the price has been increasing consecutively for a whole week now, what is hard fork ? Do you really know more about it ?

 

[mcjerry]

Recently, I wanted some balance on my Skrill account. I used an exchange service. I sent 70 USD via Paypal to the exchange service and then received 62.3 USD on my Skrill account. Skrill converts balance to Euro and charges currency conversion fees and well as receiving fees. I ended having 52 Euro. I wanted funds on my Skrill account in order to fund my mobile wallet. Therefore, I sent Skrill balance to my mobile wallet and had to pay 1.11 Euro. When I received money on my wallet, I spend total $15 as exchange fees.

A couple of days ago I had also exchanged funds using Payeer and lost just about $10 while trying to exchange $80 worth of Litecoins

What do you think about the currency exchange fees charged by payment gateways?

That is too high. That is why I don't use exchange services. What they deduct as there fees is always too high. That is why I prefer to receive payment I'm crypto currency for it I want to exchange to any other coin, the fees is low and it is easy to exchange online PayPal and others that we will need the service of those high fee exchangers

 

[jeff87]

That is raising alarm around Cryptocurrency, I don't like the hefty charges around some top coins, especially BTC and Ethereum. The charges need to be reduced and bring back to normal so other lower traders can transact with them regularly.

I agree with you. There is a raising sounding alarm around cryptocurrency. I also do not like the very high charges on top 2 cryptocurrency coins. I agree that the charges needed to be reduced and bring back to normal so that the traders can transact with them regularly. You can also use lite coin or or other cryptocurrency with very low charges.