Teletrade Increases Buyer's Fee To 15%

Wow! A 25% increase in buyer's fees! This is not welcome news. A higher buyer's fee means I will bid less for a coin so my total cost does not increase. I'm sure other bidders will do the same. This means lower selling prices and less money for sellers.

I don't see how Teletrade can justify charging the same buyer's fee as Heritage and other large auction houses when they do not provide the same service. I don't ever recall seeing a Teletrade auction catalog.

 

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You must be a big TT bidder, I cannot remember if mine was extended or not.

 

seems like things go high there.

 

I don't do teletrade personally

 

Not unexpected.

The large auction houses don't maintain a website anywhere near as interactive a Teletrade does.
But I do agree, I'll adjust my bidding accordingly.

 

I remember when they bumped up from 10% to 12%.