Author Topic: I am working with ShapeShift, we should have bitCNY added by May 30th  (Read 4691 times)

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Offline kenCode

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Hey Ken,

So we were discussing this and we ran into a problem...

In order to integrate bitCNY, we'd need to integrate with the BitShares Asset Exchange. The problem, however, is that all the assets there are traded only against bitshares. There is no BTC/bitCNY pair, for example.

This means that if someone is using ShapeShift to convert Litecoin to bitCNY, THREE trades have to occur:
- LTC to BTC
- BTC to BTS
- BTS to bitCNY

Due to slippage/depth issues, the ultimate rate the user gets would be pretty dismal.

Is there an easy solution we're not thinking of?
 
-Erik Voorhees
CEO
ShapeShift.io
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Offline karnal

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Offline Xypher

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Good stuff. Did you have to pay for the listing

How much did they charge the last time ?

Offline mangou007

BitShares French ConneXion, le portail francophone de BitShares
BitShares French ConneXion, the BitShares French gateway
www.bitsharesfcx.com

Offline Akado

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Another asset for them to charge ridiculous trading fees.

We should try to market our internal gateways in my opinion.

But more people use Shapeshift, use it or not it's always good to have it there.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline fav

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Another asset for them to charge ridiculous trading fees.

We should try to market our internal gateways in my opinion.

Offline kenCode

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Offline Xypher

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Good stuff. Did you have to pay for the listing

Offline kenCode

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I am working with ShapeShift, we should have bitCNY added by May 30th:
https://shapeshift.io
kenCode - Decentraliser @ Agorise
Matrix/Keybase/Hive/Commun/Github: @Agorise
www.PalmPay.chat