Predictions platform you can trust

Hi everyone,
I'm one of the founders of https://www.litbetas.com. I won't repeat what is written on homepage, but the basic idea behind this predictions platform is to separate amateurs from professionals by making users compete with each other.



Project is still in beta stage, so feedback is very appreciated.

 

"Withdrawal fees
Litbetas offers all of its features for free, except withdrawals. Each withdrawal has a fee of 20%. For example if user requests 0.1 BTC withdrawal, payout to the user will be 0.08 BTC."


Don't you think a withdrawal fee of 20%?! Is abnormal?
I doubt that anyone would use your product if your fees are that incredibly high.
Just honest feedback!

 

Thanks for your honest feedback. What fee rate would you consider as acceptable?

 

As you're just starting out, I wouldn't ask alot, if any. Maybe 1-2% per withdraw, but thats a max.

 

20% is extremely high, nobody will use that services with that type of fee. that's a huge turn off for anyone anywhere

 

Thanks for your feedback. Don't forget to checkout Litbetas when you have time

 

Noticed you changed it to 5%. Can I ask the reason for having a withdrawal fee (beyond miner fees) at all? Bitcoin transactions currently cost $0.05-$0.10 each, so as far as I can see there's no need for this and it just looks greedy and off-putting from a customers POV.

 

So prediction platform means you are predicting prices of lets say bitcoin in a week?

 

Not anymore. Few very serious sports betting tipsters will be joining Litbetas in the next few days, so stay tuned.

 

Users of this platform are doing so, while competing with each other on who makes the best predictions which are evaluated by users who are using these predictions.