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Purpose of Exchanger.?


Jeazelle

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Posted

Hello Again Stake Forum Community
I really don't know what is the purpose of the exchanger here on stake
This exchanger is only for investor who have that coin on the list? If you wan't to exchange your BTC to XRP you can't
Also I don't want to use dinabot it's really big 5% deduction
What do you think guys.? 

Posted

Exchanger like dinabot is good when u have smaller balance then withdraw-able balance.
in such case u can accumalate all small balance to make withdrawal.

But if u have big balance i.e. more than withdrawal balance (there use of dinabot means u loose big amount in exchange i.e. 5%)

whenever i play most probably i play with Dogecoins and ether.
for selling i convert them to Bitcoin.
I always check 2-3 exchanger and choose best 1.

Posted

for me when I was trapped and needed coins for withdrawal then the fee of 5% I think is fair enough to exchange services, but if my friend has a coin that I want and he wants to barter with me then I will barter with him.

Posted
1 hour ago, bodke1992 said:

Exchanger like dinabot is good when u have smaller balance then withdraw-able balance.
in such case u can accumalate all small balance to make withdrawal.

But if u have big balance i.e. more than withdrawal balance (there use of dinabot means u loose big amount in exchange i.e. 5%)

whenever i play most probably i play with Dogecoins and ether.
for selling i convert them to Bitcoin.
I always check 2-3 exchanger and choose best 1.

i agree, coz withdrawal amount differ from each currency.

Posted
3 hours ago, Jeazelle said:

Hello Again Stake Forum Community
I really don't know what is the purpose of the exchanger here on stake
This exchanger is only for investor who have that coin on the list? If you wan't to exchange your BTC to XRP you can't
Also I don't want to use dinabot it's really big 5% deduction
What do you think guys.? 

I also don't know how it works, I think it is used when depositing, the site could provide us with a changer for the currencies that are here on the site, but this is not yet available.

Posted

I never use exchanger here on stake because unfortunately the fee is large. Beside I don't change coins that often. I try to play with bitcoin and witdraw bitcoin, I deposit bitcoin only as well. The other coins I play ust for fun, nothing serious 

Posted

Slight off topic, but average of fees, Dinabot customers are paying, is about 3.8%, not 5%. Some exchanges are even made with 1% fee, or with 0% at all (with personal user discounts or promo codes).

And as for topic - Stake has feature for exchange implemented...

image.thumb.png.a69b41b144597aee7949e8799fd1d9cf.png

Posted

at this time there is only dinabot to exchange your coins, even though the fee is 5%, but many use it to exchange coins. so how do you exchange your coins besides dinabot? Do you want to open a new exchange with a fee of under 5%?

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