4 ms·
Wild guess - the wrong price they were able to sell at was much higher than the 0.00001 it’s at now.
by redisman 4y ago
Wild guess - the wrong price they were able to sell at was much higher than the 0.00001 it’s at now.
- smabie 4y agoWhy do think that? It's not like crypto dot com would benefit if everyone was trading at a higher price vs a lower price.
- shawabawa3 4y agoA likely answer is that as historically Luna was trading at 50-100$ it had a minimum price specificity of $0.01 or something, so the exchange might have converted lower buys/sells to $0.01 when it was trading below that
- CryptoBanker 4y agoThey take their fees as a percentage, so yeah of course crypto.com would benefit from a higher price?
- smabie 4y agoWhat does fees have to do with price? If I trade a $100 worth of a coin at $5 vs one at $10, the fees captured by the exchange is the same.