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Author Topic: why robots on yobit allow to place small orders?  (Read 1848 times)
Script3d
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July 31, 2016, 09:50:17 AM
 #21

@to those of you who are saying it is a bot so it can do it I have to say you have no idea what a bot is and how API works. when you use a bot you are accessing the site with the same rules but through a different method. instead of opening the webpage and receiving the HTML you are contacting the site via sending it an http request and receiving usually a JSON respond.

but the rules are the same.

these things that you see defying all the rules are not being done by regular users, we don't have the power or access to do this. it is the site itself although I can not think of any reason why they are doing it! maybe a bug because there is no benefit in doing such thing.
so this means that they dont own the bot
btcmaroc
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August 02, 2016, 07:07:11 AM
 #22

I saw that to yesterday when I was looking at ETC. Why does those bots sell at 100btc for one.
It looks very odd.  Undecided

I don't see that ETC is listed in yobit!! I see it on poloniex but not on yobit. OP i have seen many times that a less amount than 0.0001 can be exchanges only if the buy order is larger than a sell order and the rest can be few satoshis but there will be exchanged no matter if it is higher than 0.0001.
in yobit,ETC is in exchang!
I also very suprrise of the small mount exchang!
Dudeperfect
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August 19, 2016, 02:17:56 PM
 #23

I am trading with smaller amounts on yobit but I am unsure why there is difference for human and bot traders. I think there must be some kind of minimum trade (not minimum order) limit for bots so eventually it might be as equal as human trades. In other words bots can choose frequencies but overall minimum limit should be 10,000 satoshis per lot (and bot can be set even to place order with 1 satoshi). I'm not sure though.
MFahad
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August 20, 2016, 07:06:21 AM
 #24

I am trading with smaller amounts on yobit but I am unsure why there is difference for human and bot traders. I think there must be some kind of minimum trade (not minimum order) limit for bots so eventually it might be as equal as human trades. In other words bots can choose frequencies but overall minimum limit should be 10,000 satoshis per lot (and bot can be set even to place order with 1 satoshi). I'm not sure though.

I think that Human and bots should be given the same rules to trade on Yobit. A lot of times bot place a lot of very small orders giving the wrong impression that there are too many buy and sell of the coin.
Since bot is auto and not human, it should have some restriction like maximum orders etc.









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ImHash
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August 20, 2016, 10:02:49 PM
 #25

As it appears it has become a more frequent question of these days.
Only by looking at it I can manage to realize why they allow it.
BTCLovingDude
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August 21, 2016, 04:35:09 AM
 #26

I am trading with smaller amounts on yobit but I am unsure why there is difference for human and bot traders. I think there must be some kind of minimum trade (not minimum order) limit for bots so eventually it might be as equal as human trades. In other words bots can choose frequencies but overall minimum limit should be 10,000 satoshis per lot (and bot can be set even to place order with 1 satoshi). I'm not sure though.

I think that Human and bots should be given the same rules to trade on Yobit. A lot of times bot place a lot of very small orders giving the wrong impression that there are too many buy and sell of the coin.
Since bot is auto and not human, it should have some restriction like maximum orders etc.

the same rules apply for both human and bots the same way.
if you have ever tried any API or even YOBIT API you would have known this, when you send an API request to open an order on YOBIT or any other exchange site the same rules apply meaning if you place a 1 satoshi order it will be rejected and you will receive an error as your response.

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zenitzz
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August 22, 2016, 05:55:09 PM
 #27

hello,

i see robots on yobit that are buying coins in amounts of 4 satoshi per order, while the human traders can only place order which is more than 10,000 satoshi.

why is that?

Yes i don't think that's fair, all exchange must apply same rules for human and robot maybe you can report to their support agent with the proof about that trade so they will resolved this problem to be fair for all.
t39
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May 01, 2018, 06:04:30 AM
 #28

I can't trust this exchange at all. Constantly trading c robots. Confused by the interface and do all the actions on this exchange, what is risky, as it is unclear how it displays the balance in your account, each time differently.
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