Re: [ ANN ]FIRST ALTCOIN EXCHANGE ACCEPTING TRADES IN BOTH INDIAN RUPEES AND UNITED
We are using the same rate for buy and sell several exchanges are using that . i don't think there a problem in that.
if we are taking bit coin at 5% above market we are also giving 5% above market.
if we are taking bit coin at 5% above market we are also giving 5% above market.
You are trading it a 5% below market, not above. It can be sold on Bitstamp for 0.0045BTC at the moment which would be almost 7% instant profit, it's a real cash cow you have there if you can make 5%+ on every trade
Every exchange has it own rate on black market deals you can get even more but that doesn't matter to us. If user buys a coin then also they pay BTC according to the rates we list buy order in our exchange
like if some one want to buy they can also get TNT at the same we are buying back it .