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Bitcoin Cashout currently is not working?

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CostaOwna
Traffic Value: $1,179.88472 Italy
1 like this post 0 people
30/06/2017 13:12
Bitcoin Cashout currently is not working?
bigbadmoose
Traffic Value: $520.60691 United States
1 like this post 0 people
30/06/2017 13:27
We are changing our cashout fees, based on what we are able to offer right now.
We have no bitcoins available and we're even short on bitcoin a lot to pay our staff, but exchangers increased their prices for PM> BTC from 1-1.5% to 5-8%.

This makes us unable to meet the huge demand for bitcoin cashouts as of now.
On top of that we pay about $2 per small btc cashout (Even on $1 cash outs) on top of volatility which is extreme during the past week.
Earlier today we even paid $65 in transaction costs for a transaction of $2000.

This has led us to the following changes:

Payza cashouts will drop from 6% to 4% in costs (We have a lot of Payza, so you can ask the support to transfer your balance and you will be able to get a fast cash out)

Perfect Money cashouts will drop from 5.5% to 4.5%

Bitcoin cashouts will increase from 5% to $1+ 7%, with a $10 minimum.

Soon we will be adding litecoin and ethereum as well, which are additional crypto currency options, lowering the demand for bitcoin.
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