… better, open an account in e-CoinTrade and put a sell order there !
There is no risk and it is better than try to trade directly by yourself. In e-Cointrade an “order” consists in retain the amount involved in the transaction (buy / sell) so both parties are safe. When the order gets complete, it deposit each one’s part of the order.
Thank you very much! The platform design is very simple in this first time, and will be in evolution, but there are many features that are now in mind, like conventional money trading, and we had to begin job for getting this evolution way in the next months. Best regards :)
Muchas gracias! La plataforma es muy simple en diseÃƒÂ±o ahora en efecto, y estarÃƒÂ¡ en evoluciÃƒÂ³n, pero hay varias cuestiones ahora en mente como el poder hacer trading con euros y habÃƒÂ±ia que empezar a ponerse en el mercado, a trabajar las ofertas de cambio entre altcoin y altcoin de varias especies y definir la senda de evoluciÃƒÂ³n a lo largo de prÃƒÂ³ximos meses. La cualidad que se ha buscado principalmente para esa primera web es que fuera muy cÃƒÂ³modo tanto emitir ofertas y demandas, como especialmente acceder a visionar las ofertas en vigor para los posibles adquirentes. Un cordial saludo y gracias por la atenciÃƒÂ³n :)
Basically BTC-e is more or less determining the conversion rate FTC/BTC, as they have the biggest volume of FTC related deals at the moment.
The price is determined more or less as follows:
BTC-e gets buy orders of different value and size, e.g. 1000 FTC at 0.0034 BTC; 100 FTC at 0.0032 BTC and so on.
On the other hand people want to sell FTC so BTC-e gets sell orders, e.g. 200 FTC at 0.038 BTC, 1000 FTC at 0.0040 BTC…
Sellers always want more money than buyers want to pay ;)
If a buy order and a sell order match the deal is performed and that is the exchange rate for the moment.
If there is no deal, because there is a gap between buy and sell orders, they apply some math and define the exchange rate.
It’s basically exactly the same as for FIAT exchanges.
There is no fixed formula for this, so the only way to get a rate is to use the API of the different exchanges, retrieve the exchange rates and choose the exchange best matching your needs for the next deal.
After looking at the Fasbit, Facebook page, I am now less than excited.
Not saying it won’t be a good up and coming US dollar exchange.
But a US based crypto coin with good ole Benjamin Franklin as the ID.
Shades of Liberty Dollar. Yikes…
I would get as far away from any correlation in that regard as I could.
There is likely going to be a battle in the future with crypto currencies
here anyway. The authorities love power and Uncle Ben is not a good choice.
But, in fairness. Who knows what the future holds???
why can’t feather coin have something like Dogecoin has. I seen this website now i have no experience with it so far but i might try it just to see if its legit. [url=https://www.dogefordollars.com]https://www.dogefordollars.com[/url] IF there is a site like this for feathercoin please do feel free to let me know i am sure i will not be the only one who would be happy here in the USA