I am trying to write a calculator in PHP that will perform the same as the window that pops up when performing a buy or sell in Bittrex.
Using the figures I am working with:- BTC 0.00516314 Units 459.84215625 Price 0.00001120 Bittrex calculate the commission as 0.00001288 I calculate the commission as 0.00001294
My Forumula is 0.00516314 / (1 - 0.0025) - 0.00516314 Once I have this figure of commission I can then figure out the amount of units I will receive based upon the price.
Or do I have this totally backwards and I'm approaching it from the wrong direction. Thanks for your time