Post
Topic
Board Service Announcements (Altcoins)
Re: Cryptsy.com USD markets now open **EFT options***. Come trade with us today!
by
gnomicide
on 20/07/2014, 15:04:14 UTC
Quote
Offering Fiat in our exchange will rapidly increase our trading fee income, which would also be passed along to the shareholders.   

We currently are collecting in fees over 100 BTC per month.    We estimate that by bringing Fiat currency to the exchange we will increase our revenue by 10-20 fold almost instantly (within 90 days to allow for licensing).   This equates to fee income of 1000 to 2000 BTC per month within 90 days and increasing as more users migrate from other services.

Now that USD trading is live, I noticed the trading fees are in USD as well. The share offering claimed these would be included in the fee share dividends, but there is still only LTC and BTC listed in the announcement calculations. When are the USD fees going to start being disbursed to shareholders?

If there's a more appropriate channel to ask this, please let me know, as I don't get replies from the paul@cryptsy email listed on the offering's verification page.