Just wanted to share an email I got from an exchange I used a while ago to buy some utter shitcoins.

email summary: "yep, we're stealing from you"

email:

DEAR TRADER

We detected long inactivity of the account. According to the Software User Agreement and Terms of Service and due to the rules outlined in Procedural and internal control rules of the Company, in case of considerably durable inactivity of the account (more than 360 consecutive days), the user profile and wallets are considered abandoned. The fee will be applied to each abandoned wallet with prior email notification to the user in the amount of 1% of the wallet whole remaining balance per day. In case total balance on abandoned wallets reaches zero, respective account profile and wallets become deactivated.

You can login to your account to suspend the above described procedure execution and cancel account deactivation.

Thank you for being with us.

Conclusion: Whatever. I don't trust exchanges. I like being reminded why.