Here's a couple links to other articles on this topic:
https://steemit.com/blocktrades/@bytzz/sorry-blocktrades-you-are-fast-and-easy-but-at-what-price
https://steemit.com/blocktrades/@edicted/blocktrades-is-a-huge-ripoff-origin-story-part-2
I've calculated some transactions of theirs and it seems to range from 4%-7% per trade lmao!! Not $4-$7 dollars but 4-7%.
And the worst part is steemit.com links to their exchange. Do they even disclose their trading fees? Is that even legal? Lot of questions and no answers.
You've been warned fellow steemians, you've been warned... 🤔
Steem on, steemians.