[BitFunder] FIAT.AUD FIAT.CAD FIAT.USD Assets

[Ukyo]

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.CAD
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.

[Stephen Gornick]

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?

[Ukyo]

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.

[fourd00rgtz]

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.

[MikeMark]

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! 

[fourd00rgtz]

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.