anyone know how their rate is determined? they're giving me prices 2% below bitstamp rate, and oddly the rate keeps getting worse as the price is slightly increasing. i've kept checking over the last 20 minutes and it's consistently 1.9%-2.1% worse than actual spot prices.
is it normal to get rates this bad? this is the first time i've used them. i assumed i would get the actual spot price (like bitpay) but i guess not?
![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
Yep. I
think i've seen this what you're mentioning as well. It might be their business model?
Something i've also noticed, and can't really explain, is the fact that some Giftcards have (or had) a significant difference in fees. (Amazon PIN vs Amazon card.)
For example; Zalando 25EUR = 0,008051
BTC is 1:1 with the preev rate.
Amazon card: 25 EUR = 0.00896
BTC ~10 % fee?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FOnDxHVW.png&t=665&c=trI2Wxb8R_v_AA)
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYFunWiy.png&t=665&c=xsGDGGWAsklirw)
Not entirely sure if this is intentional or not, but there's a large enough difference to point it out..