Premium Tradings broker-bitcoin withdrawal

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  • puckk
    SBR Sharp
    • 08-22-16
    • 373

    #1
    Premium Tradings broker-bitcoin withdrawal
    Received $300 less than what I requested, their CS sent me this link for their currency converter:


    they charge $35 to $40 more than the market price, I was charged $745 per bitcoin for a withdrawal I requested 10 hours ago
  • Optional
    Administrator
    • 06-10-10
    • 61374

    #2
    Originally posted by puckk
    Received $300 less than what I requested, their CS sent me this link for their currency converter:


    they charge $35 to $40 more than the market price, I was charged $745 per bitcoin for a withdrawal I requested 10 hours ago
    Looks like they are charging 5% over/under the Bitpay Index from that currency convertor.

    They will give you $673.56 for 1 bitcoin and will only give 0.902 bitcoin for $673.56

    Awful... thanks for the heads up!
    .
    Comment
    • evo34
      SBR MVP
      • 11-09-08
      • 1032

      #3
      Killing you on "exchange" rates seems to be a common move among brokers.
      Comment
      • luctens
        SBR Wise Guy
        • 07-04-16
        • 521

        #4
        Originally posted by puckk
        Received $300 less than what I requested, their CS sent me this link for their currency converter:


        they charge $35 to $40 more than the market price, I was charged $745 per bitcoin for a withdrawal I requested 10 hours ago
        The currency converter on the Premium Tradings site is there for all to see, and if you had tried out the currency converter before registering and depositing, you would have clearly seen that you get about 5% off the Bitcoin market price with Premium Tradings, and if you had have done that research and found out that important information beforehand, you could have then made an informed decision and chose not to register and deposit with them in the first place if you didn't think that was acceptable, and you would have then not got shafted on the Bitcoin exchange rate, instead of being in the mess you're in now being $300 out of pocket because you didn't do your research. Learn this expensive lesson and do your research before registering and depositing in the future.
        Last edited by luctens; 11-16-16, 01:18 PM.
        Comment
        • futbolmundial
          Restricted User
          • 10-28-15
          • 160

          #5
          Originally posted by puckk
          Received $300 less than what I requested, their CS sent me this link for their currency converter:


          they charge $35 to $40 more than the market price, I was charged $745 per bitcoin for a withdrawal I requested 10 hours ago
          You should try vipsportsbook.eu they take in btc and you bet with fiat on pinny, betfair, matchbook and more all from one single platform (mollybet) also when you cashout your funds are converted to btc at the best price available, they don't charge for payouts and you lose 0 on the fiat to btc conversion... they do charge .05% per bet tho but its a price worth paying into being that you are getting the best # always...
          Comment
          • BAUS
            SBR MVP
            • 08-10-05
            • 2191

            #6
            Originally posted by futbolmundial
            You should try vipsportsbook.eu they take in btc and you bet with fiat on pinny, betfair, matchbook and more all from one single platform (mollybet) also when you cashout your funds are converted to btc at the best price available, they don't charge for payouts and you lose 0 on the fiat to btc conversion... they do charge .05% per bet tho but its a price worth paying into being that you are getting the best # always...
            Is the 0.5% they charge per bet IN ADDITION to the commission Matchbook charges?

            BAUS
            Comment
            • Alfa1234
              SBR MVP
              • 12-19-15
              • 2722

              #7
              Yes Baus it's in addition. However it usually makes up for itself after just a few bets because you instantly see the best price available. The platform includes Pinnacle, Betfair, SBO, Matchbook, IBC, CMD, ISN and some other small bookies. The Betfair commission is only 3% so in most cases the Betfair price beats the Matchbook price anyway if you take that low 3% commission into account. The platform also automatically deducts the Matchbook and Betfair commission so the price you see is the price you bet, no more calculations to do.
              Comment
              • Optional
                Administrator
                • 06-10-10
                • 61374

                #8
                Originally posted by BAUS

                Is the 0.5% they charge per bet IN ADDITION to the commission Matchbook charges?

                BAUS
                Check the forum thread about Betballer (same owner) before working with vipsportsbook.eu
                .
                Comment
                • BAUS
                  SBR MVP
                  • 08-10-05
                  • 2191

                  #9
                  Originally posted by Optional
                  Check the forum thread about Betballer (same owner) before working with vipsportsbook.eu
                  Thanks for that info.

                  Anyone with recent experience with VIPsportsbook.eu?

                  BAUS
                  Comment
                  • Alfa1234
                    SBR MVP
                    • 12-19-15
                    • 2722

                    #10
                    Originally posted by BAUS
                    Thanks for that info.

                    Anyone with recent experience with VIPsportsbook.eu?

                    BAUS
                    I withdrew 5500€ in a week without problems (Neteller). Took about 2 hours each time.
                    Comment
                    • jayc88
                      Restricted User
                      • 12-30-07
                      • 6785

                      #11
                      Originally posted by Alfa1234
                      I withdrew 5500€ in a week without problems (Neteller). Took about 2 hours each time.
                      Stay away from this shop. Alfa1234 is the biggest shill you will ever find and the owner is a scammer.
                      Last edited by jayc88; 03-20-17, 07:45 AM.
                      Comment
                      • Alfa1234
                        SBR MVP
                        • 12-19-15
                        • 2722

                        #12
                        Originally posted by jayc88
                        Stay away from this shop. Alfa1234 is the biggest shill you will ever find and the owner is a scammer.
                        Ok buddy, sure.
                        Comment
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