Topic: TRADEFORYOU - Crypto Auction Site with a JACKPOT. Sell Crypto Above Market Price - page 2. (Read 719 times)

Hitbtc collects flat fees. So if you withdraw much money at once, you can save a lot.

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I can´t agree with you more. You are completely right if we only have the model that we are having now, but we are only bootstrapping and bringing the market new opportunities. If you are a gambler and take time to do the math with the new products that we are about to launch you will understand that makes much sense in at least being here.
Once the average seller finds out about us they will prefer selling their crypto here.

Now the selling process sits for only 24h but you can cancel at any time, the process to refund is a normal withdrawal process as if in any regular exchange.

Feel free to question more!!

It´s not too complicated at all.

To buy any crypto you will have to buy Bids which is paired 1Bid=1USDT, if you enter with USDT in the platform you pay no conversion fee at all.

Let´s think on two sides: (but remember one thing, this is not a regular trading exchange)
- If you a seller: what do you prefer? selling at marketing prices at one regular exchange or sell where you can get more for your asset? The answer seems obvious, but it is not, it depends on each person, so anyone can decide about it. To attract more seller in the platform to be the real source of the auction rooms we created a system where the platform get a small cut, almost the same cut of any OTC provider has for selling their crypto to intermediate the sale and award the seller for choosing us.

- If you are a bidder: Our real public are the people who like gaming and gambling, not the average trader. To ensure the fairness and transparency we use blockchain to make all results verifiable and unpredictable. When you play with a chance to win even more than 1000% percent over your bid and at a minimum of 100% it´s a nice chance you have. We made an algorithm that balances your chances in a small room, for example, be 1/161 to win up to 15x of your investment and if you do not win the JACKPOT you actually get returned 84% of your money back, in crypto being auctioned.  For every gambler is a dream game. You only risk 16% of your capital and if you win you get a minimal of 100%. The math might seem a little complicated, but believe me, it works very well. Android is complicated but when you use your smartphone you don´t care about the technicals only the usability. The usability here is very simple, for both seller and bidder. We do the hard work.

As for the fees, we are very competitive when compared with regular exchanges. Just an example of how Exchanges can vary and people don´t notice: Binance charges around $2 to withdraw USDT and Hitbtc charges around $8. We work very close to Binance prices so to speak.

Any more question I will be glad to answer. Try our DEMO and see for yourself.

this is too complicated for an average user and not very interesting to traders
how can I bet to buy , say bitcoin if I only have bitcoins ? do I have to sell them first to be able to participate , otherwise it doesn't make sense
I will be betting bitcoins ... to buy bitcoins , so it is not a trading but a variation of scandinavian/penny auctions but with a twist
I can understand the seller that would want to sell his bitcoins for USD with 10-30% margin on the market
but what does a buyer get is beyond me , maybe only a chance to lose his coins for nothing or to buy a heavily overpriced coin
how do you plan to pay people money in USD? do you have a trading license? what are the withdrawal fees?

It is a gambling site, the difference is that in a normal gambling there is only one winner. We decided to call "bid" because we also return money to bidder, but the great deal is the Jackpot. If you not win you have average 84% of your money back so you can bid again in another room.
We will develop further where you can also choose your lucky number in a room. Further down the road we will also create a room where you can bid with a dollar and win 15x your bid.

It's still not considered as gambling because auctioneers aren't betting to win they were offering/raising prices to win in an auction.

Anyway, this crypto auction thing has some common in gambling because they were bidding for a certain cryptocurrency. e.g. 1 ETH =

My question is what if the normal price of 1 ETH reached higher because bidders are bidding to get it, would they really gonna do it?
I don't know exactly how its work though but it is somehow intriguing to know more about.

I admit that I miss some point but my point about gambling is general. We all know that gambling is to take risk action hoping that we will get the desired result and it is a bit the same as gambling. However, there is a difference between the two that the bidder won't lose his/her money if not able to get the item successfully. Chill guys, it is how I see about auction and I am willing to listen or read your opinions about it and also I am not against on what you think about auction or anything.

I know what is an Auction is, but I don't think that it is the same as gambling does you are not losing money when you auction it is bidding, Auctioneer used to sell their goods to the highest bidder, And when I think about selling it is not apparently to bet but to bid there is a big difference between the two, So apparently that is why I am asking if this post is suitable in this section because I am not seeing it as a form of gambling.

You dont know on what you are talking dude! Try to look up above on how this tradeforyou platform works.


This doesnt involve gambling into that certain extent.

This is grate you can sell crypto above market price. This have a very latest featured automatic bids from people who select option while their offline so we can say that this is very comfortable selling and trading site and in using this site you are now free from very stressful feeling in finding good and legit selling site.

Well, in my opinion it is also gambling since it is an auction. I'm sure you know what is auction as it is the same way where if you are willing to risk your money just to buy the item. We know that if you mention auction many people are willing to pay huge amount of money just to buy the item in the auction.

Site Seems Normal, the color really did match with the brightness of the letters but I guess the color blue is kind of shiny in my opinion, but it is still nice, Every visitor would sure know what or when to go through, although I think the site is great I guess the Demo isn't working at all, Or maybe I got a connection problem in my part but I guess this should be fixed if you have put it in the description or maybe if we enter the link it should indicate that the link is not ready yet,

And for the record, I can not specify if this is a gambling site or a trading site If this is not a gambling site this should not be posted here in my opinion, but anyhow I think that is the only issue that I see.

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