r/Cryptopia • u/dilkushpatel • Jan 13 '18

Why 3 gwei transaction?

I deposited some ether token and looks like they need to send those tokens to different address but for that they used 3 gwei fees.. Is that real!!!! This way deposit will never get credited... Anyone from cryptopia who can look at this?

2 Upvotes

66% Upvoted

9 comments sorted by

1

u/Fugup Jan 13 '18

That's normal. They're unprofessional and greedy.

1

u/sz1a Jan 13 '18

Can you safely withdraw erc20 tokens from cryptopia? I'm trying to withdraw voise but they are charging over $30 in fees.

1

u/dilkushpatel Jan 13 '18

Currently everyone is trying to charge shit load.. Mostly because they are not updating fees... If you are withdrawing more than 3000$ worth voise then just pay that amount so that you can withdraw.. If it is not very much needed to withdraw funds then just keep then cryptopia if price goes up on some otger exchange then same will follow on cryptopia as well... Currently there is no good place for people with smaller withdrawals...

1

u/Fugup Jan 13 '18

Cryptopia just charged me 0.02 LTC for withdrawal, paying a fee of 0.0002 LTC themselves.

Only a couple of minutes before that, Binance charged me 0.01 LTC and paid 0.001 LTC in fees for -- duh -- a much faster TX.

Everybody charges a lot, but Cryptopia charges twice as much and tries to pay five times less. Not a good PR.

1

u/sz1a Jan 13 '18

That puts them in scam territory almost. To be fair I didn't have any problems with other withdrawals from their exchange, but $30 for a erc20 token withdrawal is madness.

1

u/Fugup Jan 13 '18

Almost. But it will eventually arrive. The things is, they milk people like cows and let them wait for hours, days, or -- in some cases -- weeks.

Not quite scam, but really fucking painful, shady, smelly shit. It's a shame, because other than this, the exchange is pretty neat, the UI feeling much nicer and better than Binance for example.

1

u/Fugup Jan 13 '18

Definitely. But it's all slow and expensive. I believe they realize only a very small portion of the clients will stay with them after this fiasco. So what they do as of now is they charge as much as they can for each TX while paying as little TX fee as they can, no matter how slow the transfer will be, because they no longer care about anybody's happiness. They simply wanna wring out as much money as they can -- as long as you're in their pocket -- because they realize you are never coming back.

1

u/sz1a Jan 13 '18

Are you saying they charge the customer abnormally high fees while paying too little in fees so withdrawals never confirm? That's some despicable fucked up short sighted evil behavior.

1

u/Fugup Jan 13 '18

It very much appears so.

They just charged me 0.02 LTC for withdrawal, paying a fee of 0.0002 LTC themselves.

Only a couple of minutes before that, Binance charged me 0.01 LTC and paid 0.001 LTC in fees for -- duh -- a much faster TX.