{"id":64062,"date":"2022-07-07T12:01:55","date_gmt":"2022-07-07T09:01:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=64062"},"modified":"2025-09-06T12:16:48","modified_gmt":"2025-09-06T09:16:48","slug":"bitstamp-backs-away-from-monthly-inactivity-fee-under-community-pressure","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitstamp-backs-away-from-monthly-inactivity-fee-under-community-pressure\/","title":{"rendered":"Bitstamp backs away from monthly inactivity fee under community pressure"},"content":{"rendered":"<p>The cryptocurrency exchange Bitstamp has decided not to introduce from August 1 a monthly fee for certain inactive account holders.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce3 We are not implementing the monthly \u20ac10 inactivity fee.\u202f <\/p>\n<p>Thank you for speaking out, you have been heard.\u202f <\/p>\n<p>And we&#8217;ve changed course as a result.\u202f\u202f <\/p>\n<p>Read more \ud83d\udc47 <a href=\"https:\/\/t.co\/SqXmYyaeSY\">https:\/\/t.co\/SqXmYyaeSY<\/a><\/p>\n<p>\u2014 Bitstamp (@Bitstamp) <a href=\"https:\/\/twitter.com\/Bitstamp\/status\/1544768355042746369?ref_src=twsrc%5Etfw\">July 6, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, platform representatives warned that <a href=\"https:\/\/u1f987.com\/en\/news\/bitstamp-to-levy-e10-monthly-inactivity-fee-on-some-inactive-accounts\">they would start charging \u20ac10 per month<\/a> from clients who had not traded, deposited or withdrawn assets for a year, and whose balance was under \u20ac200.<\/p>\n<p>Bitstamp&#8217;s decision drew a wave of criticism from the community. Some Twitter users called the move disappointing.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This is so disappointing BitStamp <\/p>\n<p>-It\u2019s actually pathetic.<\/p>\n<p>You\u2019re charging the lowest holders approx 5% of their account balance so they are \u201cforced\u201d to trade or stake with you!!??<\/p>\n<p>How is this even legal \ud83e\udd2f<br \/> <a href=\"https:\/\/t.co\/DeBicjMIF3\">https:\/\/t.co\/DeBicjMIF3<\/a><\/p>\n<p>\u2014 Crypto Bitlord (@crypto_bitlord7) <a href=\"https:\/\/twitter.com\/crypto_bitlord7\/status\/1543554963565076489?ref_src=twsrc%5Etfw\">July 3, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Others noted that &#8216;desperate times require desperate measures&#8217;. One member of the community said he had first encountered an &#8216;inactivity fee&#8217;.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitstamp?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitstamp<\/a> used to be one of the best exchanges between 2011-2017. <\/p>\n<p>This is the first time I have seen such an &#8220;inactivity fee&#8221; on accounts. <\/p>\n<p>Desperate times call for desperate measures. <a href=\"https:\/\/twitter.com\/Bitstamp?ref_src=twsrc%5Etfw\">@Bitstamp<\/a> <\/p>\n<p>Bitstamp lost the exchange race once its founders cashed out in 2018. <\/p>\n<p>\ud83d\udca9\ud83d\udca9\ud83d\udca9 <a href=\"https:\/\/t.co\/f16E02WIPq\">pic.twitter.com\/f16E02WIPq<\/a><\/p>\n<p>\u2014 Duo Nine | YCC (@DU09BTC) <a href=\"https:\/\/twitter.com\/DU09BTC\/status\/1542876652568453120?ref_src=twsrc%5Etfw\">July 1, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bitstamp representatives said the company does not intend to deviate from its goal \u2014 to be a safe and reliable platform.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abThank you for speaking up, we heard you. As a result we have changed course. [\u2026] Clients can continue to use all services regardless of balance and the time elapsed since the previous activity\u00bb, the statement said.<\/p>\n<\/blockquote>\n<p>In April, Bitstamp asked customers for information about the provenance of their crypto assets. Users reported that the exchange had blocked withdrawals for EU customers who had not confirmed the provenance of their deposits.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bitstamp decided not to introduce from August 1 a monthly fee for certain inactive account holders.<\/p>\n","protected":false},"author":1,"featured_media":64063,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[174,1178],"class_list":["post-64062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitstamp","tag-blockchain-fees"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=64062"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64062\/revisions"}],"predecessor-version":[{"id":64064,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/64062\/revisions\/64064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/64063"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=64062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=64062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=64062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}