Simplex hidden charges : Bitcoin


Why is nobody warning folks concerning the charges that Simplex.com expenses when shopping for Bitcoin?

They cost $10-$15 on a easy $100 buy. You may have a look at their payment schedule on their web page, however probably the most disappointing half about it's that they don't disclose the payment within the transaction course of. Sure they put the payment on the backside of the web page, however they don't inform you what payment they're charging this particular transaction ever. Not throughout the transaction and never after the transaction. You mainly agree to purchase x BTC for X$ after which the remaining will be related to charges, however they do not inform you how a lot that's. It's a must to calculate it your self. They usually by no means give a receipt for it both. It makes me assume they're taking these charges beneath the desk to the Israeli authorities. (that's the place they're based mostly out of)

Any ideas let me know. I am actually upset with bitcoin.com for utilizing simplex as their fee vendor. Its nice to be protected, however not when they're hiding their charges throughout the transaction course of.

Thanks,

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