Post
Topic
Board Announcements (Altcoins)
Re: Bullion (CBX) 'the Digital Precious Metal' | 2018 Roadmap published
by
calvinweight
on 07/01/2019, 17:39:59 UTC
So the question is, who is selling the CBX on the other end of this transaction to have sufficient liquidity?  With a daily volume right now of $44 what is going to happen when I put in a $500 buy in the next few days?

Great question. As an exchange, we have acquired enough Bullion to create a market. We are market makers so if you buy $500 of CBX, you buy them directly from us. If you sell, we buy them from you. Our prices are sensitive enough that as people buy the price reacts and gives in to changes in demand.