BitShares Forum
Main => General Discussion => Topic started by: bytemaster on June 06, 2015, 01:42:15 am
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Wire USD to CCEDK and then buy BitUSD for $1.01 per BitUSD.
Withdraw BitUSD to BitShares wallet.
Sell BitUSD for $1.05 worth of BTS.
https://www.ccedk.com/bitusd-usd
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(http://www.quickmeme.com/img/cb/cbb7bc16781a544e9adb0e95c35db7efe52e88482c196baf636758a4a6001664.jpg)
1 +5% > 1.01 +5% > 1.01 +5% >> 1.05 +5%
It's like.. free energy!
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there is no liquidity there.
If BTC,BTS or other digital currency have large volume there, then I will deposit digital currency there, and then sell for USD, and buy cheap BitUSD.
If you want to get BTS with fiat, then It will be profitable maybe.
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I am trying to build the USD/BTS and USD/BitUSD markets because it would benefit EVERYONE who wants to buy or sell for USD.... mostly new users.
It seems that most BTS speculators with fiat are in china or are coming from BTC. Very little new fiat is flowing in. I hope to change that.
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Did you also notice CCEDK.COM details about the nano card - A BitCoin Debit Mastercard.
So in reality - today I can spend my BitUSD anywhere I can use MasterCard - that's huge! and it's only going to get easier!
"Altcoin support
At first the Bitcoin Debit NanoCard will only support bitcoin, but CCEDK plan to implement further cryptocurrencies as there is demand – including NuBits, BitUSD, NXT and LTC. In the meantime, other coins can of course be exchanged for bitcoin on the exchange, to be used to fund the NanoCard.
The move reduces the friction of going from crypto to fiat, enabling seamless transactions in fiat from customers crypto balances."
https://www.ccedk.com/nanocard (https://www.ccedk.com/nanocard)
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I think I peed little....
(http://i0.kym-cdn.com/photos/images/newsfeed/000/698/068/a4e.jpg)
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I am trying to build the USD/BTS and USD/BitUSD markets because it would benefit EVERYONE who wants to buy or sell for USD.... mostly new users.
It seems that most BTS speculators with fiat are in china or are coming from BTC. Very little new fiat is flowing in. I hope to change that.
This is an important step!
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Wire USD to CCEDK and then buy BitUSD for $1.01 per BitUSD.
Withdraw BitUSD to BitShares wallet.
Sell BitUSD for $1.05 worth of BTS.
https://www.ccedk.com/bitusd-usd
but if deposits are free of fees ....
(http://www.google.es/url?sa=i&source=imgres&cd=&ved=0CAkQjBwwAA&url=http%3A%2F%2Fcde.gestion2.e3.pe%2Fima%2F0%2F0%2F0%2F6%2F2%2F62372.jpg&ei=8p91Va7CI8PcUezNgZAB&psig=AFQjCNFA5CZQc-JLOgc12uUmbZg_0dMdCA&ust=1433858418702408)