Topic: How does cryptsys auto trade work? (Read 817 times)
ok and is cryptsy safe to have ur BTC in? Just because everythings autotrading to it. I withdraw every 24 hours.
you enable it for each coin. then when you send a coin to cryptsy and they receive it, they convert it to BTC as soon as they get it, you don't have to do anything else. I think there are settings you can pick on cryptsy to tell it exactly at what price you want to auto sell it at. They did this because it used to be that you could only sell it at whatever price was offered so the price of all coins was being forced down.
not what I asked but ok
Cryptsy charge you a fee when you use it.
I use multicoin.us so I set my wallet addresses to the cryptsy addresses and enabled auto trade on them (just to make sure the trade them in right when they are profitable) but how does it work, does it auto trade to BTC or LTC? I need it to be BTC. I don't understand it.
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