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RE: STEEM/BTC and SBD/BTC: Exchange Rate Technical Analysis - September 04th, 2016 - Poloniex vs Bittrex and Blocktrades vs Changelly vs Shapeshift - featuring new author @steemwatch
Hi! Thank you for research!
http://Changelly.com takes a reasonable 0.5% fee for each exchange. Plus regular blockchain withdraw transaction fee, here is 0.0002 BTC.
It seems, that other similar exchanges, doesn't consider withdraw commission. That's why better to compare rates for higher volumes. For example one of our users, @fav make a calculation for 10 STEEM, and Changelly shows best exchange rate: https://steemit.com/steem/@fav/let-s-check-the-fees-converting-steem-to-bitcoin-asap
@changelly thanks for taking the time to review our first contribution and provide constructive feedback.
Both of your suggestions will be considered, there is real merit to using higher volume to reflect accurate real world trade scenarios so the fee doesn't obscure the actual price. Future analysis of exchanges we provide will include the fee adjustment and the larger volume transactions.
Regards,
@steemwatch
It's nice to help you @steemwatch!
Here you could have a look, how do we calculate rates. It could be useful for your next review! You can ask any questions, if needed to clarify exchange process:
https://steemit.com/ethereum/@changelly/how-changelly-suggests-the-best-exchange-rates-for-btc-to-eth-example