I congratulate everyone on the upcoming New Year! 🎅
You are all amazing and every time I read the posts in this thread I admire what a close-knit community we managed to build together around eXch. If you allow me, I would like to announce that among the 16 most active visitors of this thread, a crypto capsule with eXch attributes will be raffled off.
The winner will be determined by the last block mined in the outgoing year (UTC).
You are all amazing and every time I read the posts in this thread I admire what a close-knit community we managed to build together around eXch. If you allow me, I would like to announce that among the 16 most active visitors of this thread, a crypto capsule with eXch attributes will be raffled off.
The winner will be determined by the last block mined in the outgoing year (UTC).
Great initiative and excellent idea, thank you!
I wish a happy upcoming year to all participants of this thread!
However, a doubt arose in my mind.
What happens when we try to exchange for a currency that does not exist in reserve?
For example, at the time of this post XMR has zero reserves. If I try to convert BTC to XMR what happens?
What happens when we try to exchange for a currency that does not exist in reserve?
For example, at the time of this post XMR has zero reserves. If I try to convert BTC to XMR what happens?
You can create some backorder.
You can see eXch support's answer here:
As nc50lc mentioned, XMR is in high demand and our reserves are regularly empty.
However, as you can see in our last 24h volumes, we have not removed it (nor planning to do for now), and if you would like to get XMR when it's empty you can still open a backorder (this is done like any other order), and wait for the required reserve to become available. Once the reserve is available, the order gets executed in a priority automatically. Meanwhile the order is awaiting for reserves, there is an option to request for an automatic refund anytime if you consider a refund necessary.
However, as you can see in our last 24h volumes, we have not removed it (nor planning to do for now), and if you would like to get XMR when it's empty you can still open a backorder (this is done like any other order), and wait for the required reserve to become available. Once the reserve is available, the order gets executed in a priority automatically. Meanwhile the order is awaiting for reserves, there is an option to request for an automatic refund anytime if you consider a refund necessary.