In My Order History, what is the meaning of Actual Rate? Also, how is Costs / Proceeds field computed?
As I understand it (or so I thought), 'Actual Rate' is the actual rate I paid instead of what I bid and Costs / Proceeds = Actual Rate x Units Filled
However, it seems that currently it computes Costs / Proceeds = Bid/Ask x Units Filled
If Bittrex keeps the difference, this feels a bit scammy..
Is this normal for exchanges, can someone clarify this. Thanks.
Hi,
You can use the following template to figure out the prices. Bittrex does not keep anything, the math always works out perfectly using the equation below.
You paid for
The includes commission so subtract .25% from this amount
* .0025 =
Subtract the commissions
- fee =
You now have the price of each coin without commissions, divide that by the number of coins and you get the actual rate.
/ = Actual Rate
Doing any multiplication or division of 2 eight digit numbers will always lose precision, we truncate at the 8th decimal place.