Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread
So first time using the CP exchange, tried to put a matching sell order, i saw there was a buy order at 0.00418 , so i put a sell order at that price and nothing happened... my order doesnt appeared in the sell orders and is still pending, why dint it got matched with the buy order?? .. whats the hidden trick on this exchange ? should i have to cancel it and pay fees? 
This:
Pending sell order for over 20 confirmations.. Why is this happening ? No way to cancel it..
How long till it's expired ?
How long till it's expired ?
Which order? What happens when you try to cancel it?
Thats the point, there was no way to cancel it since there was a match with the one who's selling.
Only now it has expired and I can now cancel it.
I have tested a small amount order at a lower price to see if I can skip the highest buy order but with no luck, the highest buy order is preventing everyone to sell since there's a match and then you can't cancel your order until it expires, but that takes more than 20 confirmations.. is that normal ?
Yes, that's normal. Users with orders to buy something with BTC have 20 blocks to make the 'BTC payment' to finalize all order matches. If he doesn't make that payment as he's supposed to, he pays a fee penalty (sort of).
So i have to wait 20 blocks to let the buyer pay the btcs? why the exchange allow people to put buy orders without bitcoin? i dont understand, very bad exchange it needs improvement, orders should be executed instantly or in this case waiting maximum 1 confirmation in the blockchain..