Hey all,
So I'm writing up a program to calculate the trade fees for me and spit out what I need to sell for to break even after a purchase. (For Scalping)
I'm a little confused on how to calculate the fees though.
So here's what my impression is.
When I buy bitcoin: tradehill takes the commission rate out of the USD you are spending then buys the bitcoin.
When i sell bitcoin: the Commission Rate is taken from my bitcoin then what's left is converted into USD.
Is this correct? Does it even matter which currency i take the commission from when i write the program?