Post
Topic
Board Exchanges
Re: Remitano - Sell Bitcoin without being afraid of the Price Fluctuation.
by
Cxinbolen
on 09/06/2016, 13:52:18 UTC
We convert all of your deposited bitcoin to our system into USD so you can sell Bitcoin locally without being afraid of the Price Fluctuation.

It looks nice, but the only thing that sounds a little iffy about using Remitano is the feature of converting deposited bitcoins into USD. That means that if I deposit 1BTC in when the price is $400 and the price shoots up to $500 and I suddenly realize that I want to HODL!!! instead of selling, I'll withdraw 0.8BTC and you'll keep 0.2BTC (due to the price change)? If that's the case, good creativity but it's not something I'd like.

An alternative could be having the option to convert it to USD upon deposit, for traders that would like to operate on that system. Best of luck.