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RE: Bits and Pieces - exChanges - Voting With Your Feet

in #bitsandpieces8 years ago

I am testing out changelly with your link - hope you get something out of it :)

So far my experience is :
Sent one bitcoin to get 2033 steem (charging me $0.95 per steem) current price is $0.900638

  • $0.05 x 2033 = $101.00 for them just for misquoting the price.
  • There is a 5 minute limit (which Bitcoin has not been able to meet for over 6 mo.)
  • After the first confirmation, they changed the quote to 1995.72 Steem for that bitcoin
    1. Bitcoin had gone up in value by 10 dollars during that time
  • Ongoing as I write - now I am getting 1983 Steem and it has not arrived yet.
  • 1981 Steem

The good news is that it's only half as bad as blocktrades. I checked at the exact same time and they were wanting to rob me of $200.00 - giving me less Steem for the same bitcoin.

I ended up getting 9 Steem more per Bitcoin by using Changelly instead of Blocktrades. I would have gotten 200 more if I had just used Bitcoin to buy Steem on an exchange, then transfer it to Steemit.

Screenshot of BlockTrades (1).jpg

When will companies learn.

  • In order to succeed you need only give your customers reliable service at a fair price.
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Thanks for giving it a look. Didn't realize the crazy difference.