Cross-chain recovery policy
Cross-chain deposit means valid depositing of one cryptocurrency to the address of another cryptocurrency in blockchain
Recovery of cross-chain deposits is a very dangerous and time-consuming process. Not all deposits may be recovered, and the level of complexity, risk and time frames depend both on the type of currency and the used address for deposit.
Having taken into consideration all the factors the Bitarz team has developed the following fee structure of a cross-chain deposit recovery:
Bitarz will recover only those cross-chain deposits that exceed 1000,00 USD at the moment of transaction within a 30 banking day period. The User has to pay a fee of 0,05 BTC for the recovery. In order to enable the recovery process, the User has to replenish his/her account with 0,05 BTC. After the successful replenishment, the Bitarz support and finance departments take steps required for the deposit recovery. The fee of 0,05 BTC is deducted from the User’s account in case of successful transaction.
The Users should remember about the described difficulties of the cross-chain recovery process and take into consideration a significant number of deposits mistakenly sent to a wrong address. The Bitarz team dedicates its best efforts to resolve the issue within the shortest time frames. Thus, we ask you to be patient.
Attention: Bitarz will not recover coins and tokens which are not listed and supported by the Bitarz system.