but is still in beta, so comments/questions/bug reports much appreciated.
If I were to place an order of Qty 5, maximum price $16, and send the total of $80 via Dwolla, for example,
and the current market rate was $15.50 (5 X $15.5 = $77.50), what would happen?
Thanks for your question. From the FAQ (
https://www.get-bitcoin.com/home/faq):
Q). How much will my Bitcoins cost?
A). We buy Bitcoins for you on the open market the day we receive payment. For example, if you mail us $200 on Monday, and it arrives Thursday, how many Bitcoins you get depends on what the market price is on Thursday evening. To ensure you receive Bitcoins at the price you want, you can set a "Maximum Price" when you place your order. If Bitcoins cannot be purchased for less than the price you name, your payment will be refunded in full.