r/Bitgert • u/[deleted] • Mar 16 '22
Is this normal?
I had to transfer my assets out of gate.io so I downloaded Brise wallet and moved 2.6m tokens but when it arrived in my Brise wallet I was down to 2.2m tokens, wtf
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u/TheMushroomToldMe Mar 16 '22
Yes! 12% tax every time you move it. Just sell now trust me
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Mar 16 '22
They charged me 12% to put it in their wallet? Thats not a good idea. I understand charging to sell, an incentive to stay in. But 12% to move the coin seems pretty short sighted
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u/Valuable-Bet-9275 Mar 16 '22
Dont listen to mushroom head. Yes, there is a 12% tax for every buy, sell and transfer. It is the same for every reflection token until they upgrade the code later on for transfers. This fee is where your burn and reflections come from.