Bitcoin Forum

Economy => Securities => Topic started by: Ukyo on February 22, 2013, 04:07:16 PM



Title: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: Ukyo on February 22, 2013, 04:07:16 PM
Hello Everyone,

Thanks to BitFunder's tie-in with WeExchange, I am pleased to announce (Esp. to those who requested) three special assets.

https://bitfunder.com/asset/FIAT.AUD (https://bitfunder.com/asset/FIAT.AUD)
https://bitfunder.com/asset/FIAT.CAD (https://bitfunder.com/asset/FIAT.CAD)
https://bitfunder.com/asset/FIAT.USD (https://bitfunder.com/asset/FIAT.USD)

These assets are backed by real dollars on WeExchange.

1 Share = 1$ of the corresponding currency.

For example:
Deposit:
You may deposit USD in whole amounts via BitFunder deposit page on WeExchange.
Every $1 USD will automatically be credited as 1 FIAT.USD share.

Withdraw:
You may withdraw any number of FIAT.USD shares to WeExchange.
Every 1 share of FIAT.USD will credit your WeExchange account $1 USD.


Title: Re: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: Stephen Gornick on February 22, 2013, 11:27:23 PM
Thanks to BitFunder's tie-in with WeExchange, I am pleased to announce (Esp. to those who requested) three special assets.

So looking at the fees, only the seller pays the fee (1% for accounts with the lowest volume tier).
 - https://bitfunder.com/help

Thus if I buy USD with my BTCs, I don't pay any fee?   And then I withdraw to a Mt. Gox code and still no fee?


Title: Re: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: Ukyo on February 23, 2013, 03:26:55 PM
Thanks to BitFunder's tie-in with WeExchange, I am pleased to announce (Esp. to those who requested) three special assets.

So looking at the fees, only the seller pays the fee (1% for accounts with the lowest volume tier).
 - https://bitfunder.com/help

Thus if I buy USD with my BTCs, I don't pay any fee?   And then I withdraw to a Mt. Gox code and still no fee?

You got it! :)
Surprised no one else has caught onto this. ;)


Title: Re: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: fourd00rgtz on April 11, 2013, 05:15:49 AM
Nice to see people forget about their open orders that effectively value 1btc at $250 many hours after the fall down to the $170 range.... Only wish they were offering more then $10 worth. Ah well, a good use of the btc change in my account.


Title: Re: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: MikeMark on April 13, 2013, 08:25:39 PM
Nice to see people forget about their open orders that effectively value 1btc at $250 many hours after the fall down to the $170 range.... Only wish they were offering more then $10 worth. Ah well, a good use of the btc change in my account.

So did you score $10 for BTC0.04?

And now your $10 will buy BTC0.1? (at $100 / BTC)

That's a 250% gain in what? The time it took to see it? Cool for you!

<facepalm> And here I thought these would just not be worth watching!  :D


Title: Re: [BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets
Post by: fourd00rgtz on April 27, 2013, 07:53:35 PM
I didn't have enough btc change at the time, but did the quick flip for $8 worth. Since then have done some more dabbling in the fiat.usd that has proved profitable if I'm patient.