Author Topic: The BTER zombie moves closer to its inevitable doom  (Read 3933 times)

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Offline Ander

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In case anyone is still dumb enough to have any coins on bter, you should get them out ASAP.

Bter just added a 1% fee on all bitcoin withdrawals.   Remember when Cryptsy added a 0.5% fee on BTC withdrawals to try to stem the bleeding, and it resulted in everyone fleeing the exchange and revealing them to be running a fractional reserve.

(Note: BTS on bter is not withdrawable, because they never upgraded to 2.0, and they are also most likely running a fractional reserve of the BTS they claimed to have.  But some other coins can still be withdrawn, and you should get all your BTC out fast before they claim another 'hack' and go down for good. 

Its incredible that they managed to survive this long as a zombie exchange, they outlasted Cryptsy somehow! | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads