GetBittr on Nostr: If your Broker does one of these 3 things, you're probably being scammed π«΅π» ...
If your Broker does one of these 3 things, you're probably being scammed π«΅π»
1οΈβ£ π»ππ π·ππππ πΊπππππ π»πππ
Low fees sound great, but you end up paying a higher Bitcoin price. You think you're saving, but you're actually getting less Satoshis.
2οΈβ£ π»ππ π·πππππ ππππ
Want to move your Bitcoin? You'll pay a fixed fee, that is higher than the actual miner fee. Exchanges batch transactions to save themselves money while charging you more. They tell you itβs a benefit and that normally you would pay more, but remember: there's no free lunch! π₯ͺ
3οΈβ£ π»ππ πͺπππππππππ πΉππππ
Exchanges offer separate Fiat and Bitcoin accounts, making it seem easy to buy Bitcoin whenever you want. But here's the catch: every time you convert your fiat to Bitcoin, they hit you with extra fees. π±
1οΈβ£ π»ππ π·ππππ πΊπππππ π»πππ
Low fees sound great, but you end up paying a higher Bitcoin price. You think you're saving, but you're actually getting less Satoshis.
2οΈβ£ π»ππ π·πππππ ππππ
Want to move your Bitcoin? You'll pay a fixed fee, that is higher than the actual miner fee. Exchanges batch transactions to save themselves money while charging you more. They tell you itβs a benefit and that normally you would pay more, but remember: there's no free lunch! π₯ͺ
3οΈβ£ π»ππ πͺπππππππππ πΉππππ
Exchanges offer separate Fiat and Bitcoin accounts, making it seem easy to buy Bitcoin whenever you want. But here's the catch: every time you convert your fiat to Bitcoin, they hit you with extra fees. π±