Help ! I sold 3 SBD for 0.00007 btc but should it be 0.002 btc! whats happening
I am new here and tried to sell 3 SBD , I should have recieved 0.002 btc but instead I am being paid 0.00007 btc which is 10x lower.
Also I read the value of SBD or SD is equavalent to US dollar.
the buy and sell are showing different values https://blocktrades.us/
Selling 5 SBD gives you 0.00132682 bitcoins
but buying 5 SBD needs 0.00334889 bitcoins
Please can someone explain hats happening
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blocktrades.us trades take a big cut. Use http://steemdollar.com/ to calculate what you should get. I use https://bittrex.com/ they take a much smaller cut and you can control your sale price. Just rember bitcoin has about a $2.50 transfer fee right now when you transfer it out bittrex.
that makes sense, thanks for your reply
No Problom!