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Results tagged with exchanges
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user 15412
Exchanges are sites which allow for the conversion of Bitcoins to various world currencies as well as alternate cryptocurrencies.
3
votes
Accepted
Are There Abbreviations/Acronyms/Codes for Cryptocurrency Exchanges?
No, there are not such codes for Exchanges, like there aren't any codes for different websites. The codes for the different currencies are just for shortening I believe. …
- 1,426
3
votes
Accepted
Calculation of arbitrage profit
sell_order_Net_total = sell_amount * sell_price * (1- sell_ex_txn_fee)
The final profit:
Profit = sell_order_Net_total - buy_order_Net_total
Keep in mind that there are also transaction fees between the two exchanges … The transaction fees should also be accounted for if you want to trade between exchanges. …
- 1,426
2
votes
Accepted
Does Cryptsy reuses market IDs?
For the other two exchanges, I am 100% sure they will not reuse their IDs. If you go to a specific markets, the url consists of something like BC/BTC. …
- 1,426
2
votes
Accepted
Where can one trade AuroraCoins for Bitcoin?
Create an account on Mintpal, they have a direct trading market: AUR/BTC. From Mintpal you can withdraw it to your own wallet or where ever you want to have it.
- 1,426
1
vote
Accepted
How are BTC-e orders filled?
Its exactly as you state in the third paragraph.
If you (limit) sell 1 BTC for $1000, you would expect to get $1000. But if someone just placed an order to buy 0.5 BTC for $1050, you will sell to tha …
- 1,426
1
vote
Rounding in BTC exchanges
Cointrader rounds it:
All calculations are performed to 16 decimal places. The final fee for dollars is then rounded up or down to two decimal places, and final fee for BTC is rounded to 8 decimal …
- 1,426