Crypto Exchange Finds a New Source of Revenue: ‘Inactivity Fee’

Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry.

The charges, at 10 euros ($10.27) per month, will apply to accounts that haven’t traded, deposited, withdrawn or staked assets for a year with a total balance of less than 200 euros, starting Aug. 1, Bitstamp said in a company blog. Users in the US aren’t subject to the charges.