Post
Topic
Board Beginners & Help
Re: Selling Ripples at Bitmit!
by
JoelKatz
on 26/04/2013, 16:59:44 UTC
That's great Grysur! I sell in small quantities, my prices beat current prices for smaller quantities.

why the hell people think often there is a amount rebate in currency exchange trading? there is the same price for small and large quantities!  Grin
There are fixed overheads involved in processing a transaction. A small transaction has almost the same overhead as a large transaction. Thus it often makes sense to give a better rate on larger transactions. This is especially true for traders who themselves buy in bulk to get lower fees up the chain. If you do a big sale, that may be enough for you to do a large purchase and book a profit immediately. If not, you may have to sit on the currency you got paid until you can justify a trade yourself, and that means you take more risk.