Re: [ANN] KRAKEN.COM - Exchange Now Open with USD, EUR, BTC, LTC, XRP, NMC
Currency pairs have the form XBT/EUR (500 EUR/XBT), LTC/EUR (14 EUR/LTC) and XBT/LTC (40 LTC/XBT).
Is there any option to flip the order on XBT/LTC?
Such that it's possible to show a) LTC/XBT (in sub-menu LTC?) and b) XBT/LTC (in sub-menu XBT?).
Cheers.
I would also like to see this option. The reason is almost every other site I have seen and traded on shows XBT/LTC the other way ie. - LTC/XBTIs there any option to flip the order on XBT/LTC?
Such that it's possible to show a) LTC/XBT (in sub-menu LTC?) and b) XBT/LTC (in sub-menu XBT?).
Cheers.
I'm much more accustomed to seeing it this way. I would like to see this option too thanks.
Peace.
XBT/USD notation in the scientific world would mean: XBT per USD. So a notation of USD/XBT would say x USD per Bitcoin.
That the forex world uses XBT/USD as "x Bitcoin in USD" confused me a lot in the beginning.
XBT/USD to me looks like the value of 1 XBT divided by the value of 1 USD (alternatively: XBT/USD = 650 implies XBT = 650*USD).
I think I read the post that I responded to wrong. Response from Dargo is correct. I also find it much more logic how to kraken does it and don't like those 0.xxxx numbers that other exchanges use.
But indeed, XBT/USD would read to me like "amount of bitcoin for one USD". Like P = F / A.