Post
Topic
Board Trading Discussion
Re: How do you trade bitcoins if they take such a long time to get confirmed
by
eminemcookie
on 16/10/2017, 12:13:28 UTC
Hi,

I am looking into trading bitcoins and have a couple of questions. How do you trade on the market if it takes such a long time for the order to be processed. Lets say I sell BTC on an exchange for USD when the price is x. Now the price is y. Do I get x or y?

You trade in to USDT (tether) which is roughly pegged to the USD, the price is normally 1:1 but can sometimes be about 0.98:1. This can be instantaneous on any exchange and then you do not have to worry about the price fluctuations