XNK (Ink Protocol) has been listed at Bittrex.
Hello,
I found a bug on Bittrex,
I was trying to contact with their support but after I wrote a scenario they answered completely without understanding the problem.
So let me show to all of you, the Bittrex calculator bug:
The math formula is incorrect.
I know the correct formulas for all of the inputs (check my recent post history).
I can share the solution if someone will ask me nicely.
EDIT:
Basically,
The incorrect/bugged formula looks like this:ASK_quantity = ( ASK_rate * ASK_total_commission_included ) + ( ( ASK_rate * ASK_total_commission_included ) * ( Bittrex_commission / 100 ) )
Check: ( 1 * 0.9975 ) + ( ( 1 * 0.9975 ) * ( 0.25 / 100 ) ) = 0.99999375
The CORRECT (ASK orders) formula looks like this:ASK_quantity = ( ASK_total_commission_included * ( 100 / ( 100 - Bittrex_commission ) ) ) * ASK_rate
Check: 0.9975 * ( 100 / 99.75 ) * 1 = 1.00000000
For the BID orders, the correct formula is:BID_quantity = ( BID_total_commission_included * ( 100 / ( 100 + Bittrex_commission ) ) ) / BID_rate
Check: 0.9975 * ( 100 / 100.25 ) / 1 = 0.99501247
You're welcome.
I will not disdain the reward for this find ;-)
Best wishes.
That's one bug which I've hated all my life at Bittrex (and Binance). Even the crappy exchanges like Cryptopia have the correct mathematical formula for that, but at Bittrex & Binance (when you market-buy), you don't get to have an exact number.