You are viewing a single comment's thread from:

RE: BlockTrades processing Steem outputs again

in #blocktrades6 years ago

@blocktrades If I understand correctly, buying or selling steem with blocktrades, is a better option then the internal market?

Could you please confirm that trading with blocktrades is handled by you on an external exchange and not the internal market? So there is real price discovery.

If this is the case, I will switch to blocktrades for swapping SBD -> STEEM and STEEM -> SBD.

Thank you for your reply.

Regards,

Sort:  

When you trade with us, you're trading directly with us, but we monitor prices on both exchanges and the internal market and our software selectively uses prices from all it's potential sources. I'm not currently following prices on the internal market, so I can't say if it's better or worse than the price on exchanges (the prices change too often for me to try to keep up with such things manually, we leave it to the software).

My best suggestion is to make the comparison using our price estimator versus the internal market price and see what gives you the best deal at any given time.

Hi Sir, How long does it takes to transfer SBD to a regular wallet when it is converted,, I mean,, Ive used the service on blocktrades to transfer it to my local BTC wallet on Coins.ph ...1st time to try this,,its says on the transaction it is completed,but on my Coins.ph account on btc section no input yet.. is this ok or did i messed up?