Topic: Hello from CoinedUp.com - page 3. (Read 20442 times)

The bid has to be above the ask by 1 point for the trade to execute so a 1.6% fee can be taken from every trade.

is the orderbook robot sleeping, or on holidays? :-)




same - trading is just impossible when BUY and SELL are not matched



even worse:

just paid a 0.7% fee per side on doge/btc???

by market maker do you mean trading vs your clients instead of clients trading vs each other

Hello,

This is Pete from CoinedUp.com

We're no longer a free exchange. The 0.1% (or 1 satoshi. whichever is greater) fee is pre-calculated into the BID/ASK. We display the orderbook as-is (We feel it would be dishonest to do anything but as-is), which is why the top BUY/SELL may be different from the BID/ASK. (note: exchange rates below 50 satoshis have no fees, since even 1 satoshi would be 'too much' of a fee).

We put the fees into the BID/ASK in order to streamline the math to the user. As a trader, you get what you ask for. Nothing is deducted later. After some debate, we decided that this was the more natural way to go, and that other exchanges are doing it wrong.

I think what is missing is the UI elements to display the BID/ASK for each orderbook entry (not just the top buy/sell orders). We plan to add tooltips, so that traders can see what the bid/ask is when they mouse-over any orderbook entry.

In the near future we will be opening mBTC based markets, which will fit some of the 'cheaper' coins much better and will open up the those markets.

Additionally, our long term goal is to provide actual liquidity to our markets. This system we have now would dovetail nicely into a fully featured market-maker, which we plan to implement in the future.

Thanks,
Pete

PS: I'll check this thread more often...

there is confusion on order chart.
they pre-calculate into the bid/ask but I think they should calculete it after trade like btc-e.
if not, they will loose users.
every minute there is a condition like this ;

trying to skim profit without people noticing, but it causes order books to cross so we notice

Hi;

Is there any thing wrong on coinedup.com.
please check the green box and explain

I have used the site for awhile without issues.  I wish pete would check in more.  The site has added a .1% trading fee, which ironically I think is good since I didn't see how they would be supported without one.  They claim some new coins are coming soon.

Are u more trustworty than MTGOx??

Seems like people have been satisfied with the service since my last post.
Surprising still only has 15 activity though.

Oh yeah? how many coins on coined up have volume more than 9 BTC daily (as execoin has on 6th day after launch and it had 15 BTC a day before)?

+1 add execoin!

That's very small value in btc

Hi Coinedup! A thread at coinedup sub where our community voting for execoin are not shown on subreddit new/hot... anywhere. What's wrong with it? Direct link works though, we can vote and leave comments but it's not up anywhere!

btw, please add execoin! :-)

thanks!

Coined up works well for me.  I have been able to trade and withdraw with no problems.

If you're looking for evidence that they aren't a scam and do things correctly, here's my story. CoinedUp is SUPER AWESOME! Thankfully, not a scam at all!

I don't really know what you guys are talking about with a slow site. I just deposited 1 btc, waited 2 confirmations (which they said it would take), and then my btc was in my wallet. Then I bought about half a million dogecoin, everything got credited. And then I requested a withdrawal to my dogecoin wallet.

It was there in my wallet in like a minute.

This was one of the quickest, most straightforward transactions I've ever taken part in. AMAZING site!

P.S. It's too bad they have so many altcoins on there though; too much choice leads to confusion and inaction. I think if they just did 3 different coins or maybe 5

Test drove CoinedUp.com, man is it super duper slow!

I'll stick to BTC-E thank you very much.   

Great to see you here from coinedup.com   I look forward to seeing you post around the forums.

Both of my TES withdrawls failed. Please do my transactions or refunds asap.
My userID is 1LQ0ZZ8.
3 hours have passed!

Or maybe….. he's dead!
On a serious side note tho, do you reckon he has been able to even run away with a sum large enough to even be worthwhile? People can't be using this site a lot since it's gotten nothing but bad reputation ( at least from what I've seen) and the time invested in this would probably have earned him more if he just worked, haha.

Ive successfully transferred DIME LTC and BTC here.  I just wish you guys would add CNOTE to your exchange.