Topic: Where do exchanges get their Bitcoin? - page 5. (Read 3888 times)
Normally new exchanges get their Bitcoins in the form of capital investment made by themselves, and they purchase bitcoins themselves. Once they earn enough fees from the exchanges they attain equilibrium in the amount earned and the invested amount. Other ways to earn at a later stage would be from ads and various other forms of trading.
all type of exchange get their coins from us they charge us fees for not only in withdrawl but also at every order or trades we do. we get coins from other users but exchangers make profit even if we don't
The exchanger get bitcoin from traders and miners but before make exchanger we must have big capital for make markets. And it will make markets are alive because there are transaction. And usualy markets get bitcoin are from fees trading, deposit and withdrawal.
For some exchanges, the exchange itself does not make the market. The traders make the market themselves.
Most of the exchange get their bitcoins most of the time in every transactions of the traders who sign up in their exchange sites.
and everytime they buy and withdraw their bitcoins there is always charge fee. Thats how they earned bitcoins as far as I know.
and everytime they buy and withdraw their bitcoins there is always charge fee. Thats how they earned bitcoins as far as I know.
The exchanger get bitcoin from traders and miners but before make exchanger we must have big capital for make markets. And it will make markets are alive because there are transaction. And usualy markets get bitcoin are from fees trading, deposit and withdrawal.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
Hi, I am from the Philippines and I am using a coins.ph. Our Local currency which is Philippines Peso is converted into bitcoins through COins.ph and after that I deposit it to different trading sites. Well the negative thing about it is that there is a high spread between the buying and selling amount of Coins.ph. So I only buy bitcoins when the value of bitcoins if very low. In that way, I can avoid the loss.
Where do exchanges get their Bitcoin?
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.
I do not think you trade against the exchange. The bid/offer difference is not earned by the exchanges.
I heard they were a division of BitStamp and that's a place where they get their coins.
Where do exchanges get their Bitcoin?
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Whenever an exchange list a new Altcoin they get paid by the Coin owner to list the coin on the exchange. Secondly for every trade they deduct the trading fee. The difference between buying and selling is also earned by the exchanges.
Where do exchanges get their Bitcoin?
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Aside from the transaction fee which is deposit and withdrawal fee they get Bitcoins.
Maybe they also get their Bitcoins in every coin that want to be list in the exchange
Few were those who were lucky to get in before, and few are getting huge investments raised for their ideas.
Everyone has a different story, so for the exchange part too. And you are giving them fee for using their services, and each trade has a nice 0.2% average fee, so don't think it won't be much for them, as lots of transactions take place per day.
Everyone has a different story, so for the exchange part too. And you are giving them fee for using their services, and each trade has a nice 0.2% average fee, so don't think it won't be much for them, as lots of transactions take place per day.
well everyone get them from mining, especially from those first early adopter and when the reward was higher(50 per block) there were many coins in circulation in a shorter time frame
from there you get the current spread
from there you get the current spread
exchanger oviously gives only platform to buy and sell or trade bitcoin show there is no point for them to buy bitcoin from any other source. This question could fit for bitok like site which have certain margin in price between selling and buying price for profit, and they get it from exchanger with api whenever someone buy bitcoin or sell them with api on exchanger when someone willing to sell.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I think they mainly get it from miners and early buyers who sell as the price rises. There is also normal buyers-sellers who use the exchange and keep them stocked. 
From their users? Exchanges make their profit out of the purchases which their users make. They get fees like %0.1 or %0.2 generally.
Btc-e takes %0.2 of whatever you buy/sell. There was 9720378USD volume for btc/usd trading today. So, btc-e.com made nearly 19.5k$ just from that one today.
Btc-e takes %0.2 of whatever you buy/sell. There was 9720378USD volume for btc/usd trading today. So, btc-e.com made nearly 19.5k$ just from that one today.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I think exchanger obtain bitcoin from fee, transaction fee and the withdraw fee. we know if they are millions of users then it becomes enormous profits, not to mention some of the exchangers often plays a coin prices. Thank you
I agree with that. Also some exchanges claim they are hacked, so that they can keep the customer's money.
Two that come to mind are Coinbase & Circle. I did a quick google search, possibly wrong terms. The information I got was useless. I am sure this has been discussed. If there is a good article/link on this it would be appreciated.
I think exchanger obtain bitcoin from fee, transaction fee and the withdraw fee. we know if they are millions of users then it becomes enormous profits, not to mention some of the exchangers often plays a coin prices. Thank you
Surely an exchange is just a trading platform provided to allow buyers to buy from sellers who want to sell...
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
Yes, that was the question. Everyone seems to be in agreement too. I also agree as all of the replies make sense - ty
It's the same as Betfair compared to a Bookmaker, Betfair is an exchange and only acts as a platform, a bookmaker has to have lots of funds to cover losses.
Surely an exchange is just a trading platform provided to allow buyers to buy from sellers who want to sell...
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
Yes, that was the question. Everyone seems to be in agreement too. I also agree as all of the replies make sense - ty
Surely an exchange is just a trading platform provided to allow buyers to buy from sellers who want to sell...
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
They don't need any Bitcoins themselves, they just need to have enough sellers so that the buyers can always buy.
If someone wants to buy a very large amount that can't be satisfied by the sellers, then an unfulfilled order will be left over. Or the price gets pushed up until it is fulfilled. Due to arbitrage between exchanges, increases in price in one exchange will either be brought back down, or other exchanges will follow higher.
If I understood the question correctly!
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