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OpenLedger / Re: Instant order BTC >< USD no matter size of orderbook
« on: August 10, 2015, 07:28:27 am »
ok, so it's not a direct buy order for bitUSD with BTC, it's a BTC --> USD --> bitUSD on the exchange? so it's not like single priced conversion a la blocktrades.us style?
It's a direct buy order for USD (fiat) with BTC. You *can* then go ahead and buy bitUSD with you new USD, but that's completely separate.
The direct trade instant feature we would love to add to CCEDK as well, but dont feel it is the time, when liquidity is still as low as it is on CCEDK, maybe that will change with Bitshares 2.0
Bottom line is that if liquidity was provided by various interested parties on Bitshares as marketmakers on CCEDK, it would allow us as well to add BitUSD as a new support of the NanoCard as well.
It is worth to mention that marketmakers with a minimum of 10 BTC worth of liquidity provided on both sides will be able to trade with 0% trade commision.