– Your order must remain priced within 10% of BitFinex last price.
– Your order must remain live for 1 full business day or sell out.
– If you list 1-2.99 BTC you will receive $5 or 0.013 BTC (whichever is greater).
– If you list 3+ BTC you will receive $10 or 0.03 BTC (whichever is greater).
The Bitcoin are sent to whatever address you like, and once you receive your free Bitcoin, you can even withdraw the rest of your sell order free of charge if you like.
What would stop someone from pricing a sell order at 10% above the market price taking the "reward" then canceling the sell order and withdrawing their funds from your site? This setup sounds a lot like a way to get people to deposit large amounts of bitcoin at your site. – Your order must remain live for 1 full business day or sell out.
– If you list 1-2.99 BTC you will receive $5 or 0.013 BTC (whichever is greater).
– If you list 3+ BTC you will receive $10 or 0.03 BTC (whichever is greater).
The Bitcoin are sent to whatever address you like, and once you receive your free Bitcoin, you can even withdraw the rest of your sell order free of charge if you like.
With this promotion, sellers indeed are allowed to place their order for sale at 10% and cancel after the terms have been fulfilled. They do have to keep their order live for one full business day, but if it doesn't sell, they will still get the $10.
We publish proof of our reserves (https://www.bitquick.co/apisell.php), so you can check all of our escrow addresses to verify that we are in control of all listed customer funds (and see that they are all there), as well as view all outgoing transactions to verify that we are actually sending coins to our customers.
