Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LEASERIG.NET - pay&receive DOGE!
by
djeZo
on 10/03/2014, 13:23:17 UTC
Maybe because a lot of people are autoselling anything on cryptsy, cryptsy don't have such good rate.
I'd happily accept doge, because there are also other exchanges.
whats your favorite exchange for doge?
cryptsy charges
Our fees for market trades are 0.2% for buys and 0.3% for sells.
but as we are always buying one thing and selling another, is that .5%?   Huh
so on a charge of    1872.52941176 DOGE   for 3 hour  rental the fee was 0.000007700 BTC   
and i got 0.00255767, so thats about 0.3%!
take that to a day 0.000061568 out of 0.020522
or 0.003 out of every btc. so less than $2 per $600? and how long does it take to get to 1btc?
that isnt too bad for the advantage of giving the customer more ways to pay. Its like taking a visa card! especially as we have been slashing our prices to keep up with the joneses.....



Example of average 0.01 BTC transaction;

if paying with BTC, there is 0.0001 TX fee for transaction

if paying with DOGE, you pay 0.00000140 TX fee and 0.3% for exchange (0.00003) = 0.0000314

Bottom line; it is still better to accept DOGEs, at least for small transactions (up to around 0.03 BTC).