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exramz (OP)
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December 18, 2021, 09:40:01 AM
 #1

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.
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December 18, 2021, 09:54:51 AM
 #2

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.

Sorry, but what do you mean by "supporting market price"? What's the fixed rate do you point out too? If my understanding is correct, do you mean what's the basis of that exchange having that rate? Or where do those trading platforms get those market prices? Generally, rates are different between exchanges but not that having a big difference.

Am I correct in what are you referring to?

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December 18, 2021, 10:17:07 AM
 #3

good question, when exchangers using fixed rate (LIMIT) this means at the start time of creating factor until the currency is sent we have a time gap,
in the real world in some currencies like cryptocurrencies even in 30 minutes high volatility occures, owner of exchangers to avoid losses increase fixed rate.
but when receiving amount is floating (MARKET) there is no need for this rate increase anymore so commissions should be significantly reduced.Two different methods have occurred in the transaction, one the traditional method and the second the modern method.
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December 18, 2021, 12:22:02 PM
 #4

I feel difficulty in understanding your question that want are you trying to say about exchangers.
Some are exchanges in crypto market that works like a middleman that provide the platform for trading. A place where both buyers and sellers are available and place their orders. And these exchanges are such as binance, FTX exchange.

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December 18, 2021, 12:26:54 PM
 #5

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.

Are you still using stocks broker? Crypto exchange offers real time if you set Limit and Market order. Its up to you on how and when you will set your order since it will automatically execute once the requirements was all meet. If you are referring to the old exchange system which has a delay when you set an order using broker then you are missing something on how crypto exchange work. It is automated and all the price is real time as well as its order book.

Most of the Centralized Exchange has a Market order feature.

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December 18, 2021, 12:56:56 PM
 #6

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.
As far as I know, such exchanges are possible only in the case of spot, except in other cases, the price is not fixed. I haven't used such an exchange yet.

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December 18, 2021, 01:39:34 PM
 #7

You can get list of exchangers for some payment methods, trading pairs from Bestchange: https://www.bestchange.com/

Price will be different on exchanges and you have to check one that looks to be good for you, price, trading fee and withdrawal fee, and KYC.
Check withdrawal fee: https://withdrawalfees.com/
Check taker/ maker fee: https://www.cryptowisser.com/exchanges/

 
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December 18, 2021, 01:45:25 PM
 #8

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.
Most of the exchanges in the cryptocurrencies market price completely same but trading fees are different from each other. Compared with decentralized exchanges , centralized exchanges withdraw fees more.

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December 18, 2021, 02:06:25 PM
 #9

I am assuming you are talking about instant exchangers. If so, then sadly you won't find the exact market price or real-time market price there. They fixed the price based on their algorithm compared with the market price of course. There shouldn't be too much price difference. If you need real-time exchange rates then you have to choose a centralized trading exchange with high volumes like Binance. Because so many things related with the instant exchange like calculate commission, calculate transaction fees, and so on.

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December 18, 2021, 06:54:01 PM
 #10

It does sound like an instant exchange. If so, take a look at fixedfloat.com which offers two different rates.

What is the difference between fixed and a float rates?

Fixed rate

Opting for a fixed rate, you get the price you see at the point of initiating a transaction.

    Pay just 1% + network fee.
    No hidden commissions.
    Rates freeze for 10 minutes.
    If the market rate changes by more than 1.2% before the appearance of your transaction on the blockchain network, you will be asked to make a refund or continue exchanging at the market rate.

Float rate

The exchange rate is finally set when your transaction receives the necessary number of blockchain network confirmations. If the market goes up, you will get more cryptocurrency, if down - less. All fair.

    Pay just 0.5% + network fee.
    No hidden commissions.
    The exchange rate will be set when we receive your transaction.

Example: You need to exchange 1 BTC for 28.37362388 ETH.
If you choose a fixed rate, you will receive exactly 28.37362388 ETH for 1 BTC.
If you choose a float rate, then the price of 1 BTC will vary between 28.52343244 ETH and 28.13788921, in accordance with the exchange rate volatility.

I've used them few times and can vouch Smiley

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December 18, 2021, 07:15:24 PM
 #11

I don't think I understood you exactly, but let's assume the following:

 - You want the user to get a price to sell at the moment without placing an order.
 - The user places the buy/sell order inside the pool and thus it will be fulfilled when the specified limit is reached.

Both options are available on many platforms under different names.
Some platforms call it direct exchange, Instant exchange, Fixed rate, Floating rate, some call it beginners trading, some are P2P and others.
But most platforms contain these features.



Some have different types of accounts like trading account, P2P account,...etc.

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December 19, 2021, 03:24:42 PM
 #12

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.
About what are exchangers you are referring to? I guess almost all the exchanges are following percentage calculations on your total volume for commissions hence your trading fees will increase or decrease along with market fluctuations.

I do not remember that I have traded at any exchange where they are charging the exchange fees at fixed rates (but I remember my local stock brokers do have such promotional offers).

I guess fixed rates will be an advantage in bullish trend and when you are able to switch exchanges then you may trade at some exchanges depending upon market conditions like in 2021, if you have traded at fixed rates then you might have saved some significant amount in fees. Still overall, exchange commissions are negligible if you are good at TA to cover all expenses.

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December 21, 2021, 06:58:53 AM
 #13

Crypto exchange offers real time
The concept of MARKET and LIMIT in some exchangers such as Binance is a little different from what I said.
There are two main differences.
1- Binance is designed only to convert cryptocurrencies to each other. In fact, both sides are in the same environment.
2- There is no time gap in Binance due to the maintenance of currencies.
Site https://exramz.com now has the ability to convert Tether to TRX in market mode, but the difference with Binance is that there is a time gap here because it is not designed to hold currencies. (Time gap from send currency to receive another currency)
In exchanges where two currencies, one of which is not cryptocurrency and the other is cryptocurrency. For example, converting Perfect Money to TRX in market mode can reduce costs.
In fact, instead of a fixed rate, it picks up Perfect Money and, based on the conversion of Perfect Money to Tether, now converts Tether to tron at the market price in Binance.you see converting PM to TRX in market mode. In fact, this generalization of Binance Market mode is suitable for currencies that Binance does not currently support.
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December 21, 2021, 10:57:53 AM
 #14

Do you know exchangers with supporting market price trading? it is important because some of exchanges just support fixed rate that increases commissions.
Only a few I know that has a fixed rate if you want to exchange and that's with the swaps.

Most of the exchanges do have fluctuating prices or rates so there's no need for you to look for any other. Because the majority of them does have that variance in rates.

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December 21, 2021, 11:49:56 AM
 #15

Crypto exchange offers real time
The concept of MARKET and LIMIT in some exchangers such as Binance is a little different from what I said.
There are two main differences.
1- Binance is designed only to convert cryptocurrencies to each other. In fact, both sides are in the same environment.
2- There is no time gap in Binance due to the maintenance of currencies.
Site https://exramz.com now has the ability to convert Tether to TRX in market mode, but the difference with Binance is that there is a time gap here because it is not designed to hold currencies. (Time gap from send currency to receive another currency)
In exchanges where two currencies, one of which is not cryptocurrency and the other is cryptocurrency. For example, converting Perfect Money to TRX in market mode can reduce costs.
In fact, instead of a fixed rate, it picks up Perfect Money and, based on the conversion of Perfect Money to Tether, now converts Tether to tron at the market price in Binance.you see converting PM to TRX in market mode. In fact, this generalization of Binance Market mode is suitable for currencies that Binance does not currently support.
As far as I know, Binance converts one coin into other coins and there is a fee that traders should pay. The price will follow the request from the other traders who want to buy or sell the coin. The only gap that the traders on Binance will have is waiting until other traders fill their orders.

I think you use an instant conversion in your exchange as some members mention. You can look at Trust wallet, Changelly, or other instant exchange the other member's suggestion. Those wallets do not have to wait for too long to buy or sell the coin.

Those who use trading in Binance will not think about that instead of how they can make a big profit.



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