Post
Topic
Board Trading Discussion
Re: Building a great Bitcoin exchange, part I: transaction fees
by
avulhop
on 15/04/2013, 14:55:55 UTC
On the topic of fixed fees:

Fixed fees make bots performing micro-transactions untenable. Blending it with a percent fee is easy enough (x%, minimum of y BTC)

That lets you marginalize the impact of bots flooding your engine (GOXXED) by making it much more expensive (and thus, less likely) for manipulators to flood your market.