We'repleasedtoannouncetheremovalofthesmalldepositfeeonourplatform.
From18/12/193:00PMUTC,customerswillnolongerberequiredtopayafeefordepositsoflessthan1,000USDequivalent.Thisfeeremovalwillprovideourexistingandprospectivecustomerswithgreaterflexibilityandoptionsontheirdepositamounts.
ThesmalldepositfeewasfirstintroducedinDecember2017tocounterthehighnumberofsmalldepositsmadeinanattempttospamourplatformandslowdownourservices.Numeroussmalldepositscreatedanexcessoftinywalletinputsthatrequiredwalletinputconsolidationmaintenance.Thesmalldepositfeeservedtokeepwithdrawalsflowingsmoothlyforallourcustomers.
Aswehavesincedevelopedcapabilitiestothwartthesedeposit-relatedspamattacks,thesmalldepositfeeisnolongerrequired.
TheremovalofthesmalldepositfeefollowstheremovaloftheUSD10,000minimumequitythresholdearlierthisyear,furtherdemonstratingourongoingcommitmenttoonboardingnewretailtradingcustomersandgrowingthewidercryptocommunity.
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