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Topic: How do I use the Autosell feature on cryptsy.com? (Read 2954 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Irony = Miners in a rush to sell their coins before they go lower.
Perhaps irony is the wrong word...?
newbie
Activity: 5
Merit: 0
Check this article out on how to setup cryptsy autosell feature. http://www.cryptopros.com/2014/01/cryptsy-autosell-feature.html there is also a video to help you get started
member
Activity: 84
Merit: 10
Thanks you guys, it's pretty clear to me now. I know what the autosell feature is used for. I don't see much reason to use it myself though, I haven't started mining yet.  Smiley
legendary
Activity: 2912
Merit: 1060
Yes mining payouts
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
Can you guys please explain how to use the autosell feature used on cryptsy and how do I use it to make a profit? Thanks for your time  Smiley
When autosell is enabled through your Account Balances page, all coins that are deposited into that specific coin's address will automatically be sold at the sell setting that you choose. You can choose to make it sell at the current sell price, instant sell at the current buy price, etc. But they do charge an extra 0.1% fee.

Only new coins deposited while it is enabled will be automatically sold, existing coins in your balance would not. This would be useful for mining payouts and selling the coins immediately into Bitcoins to prevent holding on to devaluing coins. Smiley
hero member
Activity: 518
Merit: 501
You set it to a realistic high price you're willing to sell the coins for and kick back until it reaches that price or someone buys them at that price.
member
Activity: 84
Merit: 10
Can you guys please explain how to use the autosell feature used on cryptsy and how do I use it to make a profit? Thanks for your time  Smiley
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