OupieB Posted May 25, 2020 Share Posted May 25, 2020 Hi to all. I am new to this site but felt I needed to get something off my chest that occurred a few weeks ago to me. I moved approx 740 XRP from an exchange into an online soft wallet that I thought looked reasonable. The reason for moving it was because someone tried to hack my Binance account over Easter Weekend. Fortunately I had nothing in that particular account. This spooked me and I immediately ordered a Ledger Nano X wallet. Due to the current virus it was going to take a week or two to arrive from France to South Africa, hence my decision to move of the exchange to a soft wallet before the Ledger arrived. Dont know if it would be allowed to name the company so wont right now. Without looking at what it cost me to move the 740 XRP I moved an additional 5000 XRP to the soft wallet. This is when I not5icede that I only received 4950. Checked the frirst transaction and saw they charged 23 XRP - so to move 5740 XRP to the soft wallet cost 73 XRP !! This did not sound normal to me as I had moved XRP before and paid 1 XRP - no matter how many I moved. When I confronted them was told " cheaper than traditional bank fees..." My Ledger X arrived a week later and I moved the 5740 XRP. Imagine my shock when saw they charged me another 320 XRP for the transaction!! So all in all cost me 393 XRP to hold them in this wallet for a week!! My question is - is this normal practise that people can charge what they want?Ripples whole theme is cheap payments - this was certainly not. Some feed back from JoelKatz would be great Link to comment Share on other sites More sharing options...
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