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Topic: [Warning] Don't use changenow.io - page 2. (Read 252 times)

sr. member
Activity: 644
Merit: 260
May 06, 2020, 03:11:04 AM
#5
Honestly the fact that fees are high doesn't make it scam. I once asked an exchange support why their fees are high and he said it's for faster transactions. Well, i dont use such services to convert crypto, I've been seeing changenow but I'm not sure about their reputation (whether good or poor), so why will i jump into it. Thanks for sharing your opinion OP, atleast it creates more awareness on checking fees before using such services.
sr. member
Activity: 2254
Merit: 258
May 06, 2020, 02:10:51 AM
#4
It looks like that the result of amount that already showed in the swap service already included the fees. Let's say that you will get 80k satoshi as the result before the fees and you will get 20k satoshi as your result after the fees (60k)

it's not that service is a scam but it looks like the fees is really high.

Way to high and because of this they are likely to lose a lot of customers, I don't know if the team knows about this and are they comparing this to other exchanges, I'm not going to use this exchange if the other exchange can give a better price.
hero member
Activity: 2268
Merit: 507
May 06, 2020, 01:58:48 AM
#3
It looks like that the result of amount that already showed in the swap service already included the fees. Let's say that you will get 80k satoshi as the result before the fees and you will get 20k satoshi as your result after the fees (60k)

it's not that service is a scam but it looks like the fees is really high.
member
Activity: 742
Merit: 16
May 06, 2020, 01:21:05 AM
#2
It's a necessity to check how much an exchange will be charging you before proceeding, only a foolish person won't bother to check this out first, even changelly do cheat to, some times when Bitcoin hits 9100$ on changelly Bitcoin price will still be at 8880$
hero member
Activity: 1064
Merit: 639
May 05, 2020, 10:58:46 PM
#1
Hello friends, I was in a hurry today and wanted some bitcoin, so I decided to use the instant exchange. Because I wanted to do about 100 XLM to BTC which is a withdrawal fee of many exchanges, However, I intended to use the changenow.io exchange But when I saw their exchange rate, I was surprised.



XLM: 100 _____  Btc: 0.0002003 _____  USD: $1.80



But in reality:


Isn't this Scam? I do not know what it is, I just want to give you a warning that do not exchange by closing your eyes. Before using any exchange, check how much they are charging from you.

Tip:
If you also want to exchange XLM to BTC, then you can use blockchain.com (for a small amount) I used it.
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