We worked very hard for several weeks to launch in beta the first mastercoin real exchange :
https://masterxchange.com/
We are open to all suggestions and remarks !
https://masterxchange.com/
We are open to all suggestions and remarks !
2% trade fee and 0.01 to 0.02 withdrawal fee? Exhorbitant much.
i think they have a right to charge whatever they want. these folks took time out of their life to make this happen without anyone paying them anything to do this.
i think people deserve to get paid for their hard work.
And I have a right to criticize the exorbitant fees. He's stated that the fees are high because they don't know how long the exchange will be useful. Sounds like a self-proclaimed cash grab. If a proper high frequency exchange is built it will always be useful as Decentralized exchange can't do high frequency trading. The fees are ridiculous. Might as well call it visaexchange. I'n not really seeing the benefit. With all the messing around because the poor/lack of proper tools to transfer MSC and security concerns of a centralized exchange, users might as well just continue to trade OTC for a small escrow fee. If the fees were reasonable, I could see some utility.
Everyone has the right to criticize their fees, but the most effective way to show your dissatisfaction is probably by not using their service - perhaps forming a group with that express statement.
Like buymastercoin, they should charge whatever people are willing to pay. If people decide not to use their services because of their fees, they will either lower them or be unsuccessful. I don't see the problem.
For my part, I am just happy to see more competition enter the ecosystem.
i just waiting wallet.