Has anyone seen this new fee from uphold?

Note: Starting on the 1st of February 2023, the $0.99 USD transaction fee will be applied to the Automated Transactions and BAT transactions made through browser-linked accounts to fiat.

link: https://uphold.com/get-started/service-fees

Has anyone seen this new fee from uphold?

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Most exchanges charge a fee for fiat transactions. That’s normal.
Question is, do you really need to convert to fiat? You could simply convert to any other token with low fees, like XRP, and transfer to a private wallet.

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Yes, I noted that.

  • We charge a $0.99 USD transaction fee on all transactions between assets where the amount transacted is under $100 USD in value, excluding
  • Transactions made using the Uphold Debit Card**
  • The exchange of BAT from a Brave browser-linked account to fiat
  • Automated Transactions (recurring/limit orders)

Talk about robbing the poor though!

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@Thrive Yeah, it said that until the underneath:

Note: Starting on the 1st of February 2023, the $0.99 USD transaction fee will be applied to the Automated Transactions and BAT transactions made through browser-linked accounts to fiat.

So like OP said, it seems like they’ll be removing the exclusion and will then be charging. Kind of hurts a bit I guess, as Rewards only tends to pay like $1-5 worth a month, sometimes less depending on where you live. So if it is going to be taking $1 to move to your bank, they’ll be kind of pushing for people to hodl more I guess?

@chriscat you know anything more on this by chance?

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Uphold put a hold on a $24 usd worth of BAT transaction because they said my 'liveness √ selfie did not pass.

I told them to go EFF themselves I was deleting them. They took the hold off my transaction but left a “limitation” on my Brave rewards. I again told them the same and cancelled the account.

Brave needs to make themselves the keepers of the BAT’s in house Brave Wallets.

I will no longer use a “centralized” overlord power mad exchange. So I am off the Brave train until things change. :woozy_face::face_with_symbols_over_mouth::woozy_face:

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Don’t convert BAT to fiat. Convert to another crypto that pays low fees, like XRP, and transfer out of Uphold.

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It would appear that there is now a minimum fee for crypto to crypto also

UPHOLD wants 4.136 BAT minimum to exchange from Brave rewards BAT to BTC and/or equivalents fee from any other crypto Approx (99 cents USD) for any crypto…

No real stress but kinda annoying when I just used to flip my brave rewards straight to BTC for zero fees…

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Yeah 1.37 CAD to transfer a few BAT tokens to XRP… I don’t think so

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