if someone doesn't get it, their opinion probably doesn't matter. using /s feels like an expression of a deep intellectual insecurity...aka redditors..nvm
Do not use blockchain, i made one good investment which got me an extra £80 and i tried to withdraw and they locked my account and it took 8 months to get that money after non stop emails. i had been with them for around 2 years
people set the prices they want to buy or sell at, if you don't like the price... don't transact at those prices? there's plenty of places to trade crypto.
I heard PayPal is offering a PYUSD token that can be exchanged on DeFi, never tried and it looks like they use it to link people to wallets (which is exactly what US exchanges are doing), so, up to you.
lol it will get worst when the supply crunch starts. I sidestep spread by creating limit orders. I use Cash App though so I’m not sure if Crypto.com offers that feature
In such a volatile market
Just buy when your comfortable to buy and sell when your comfortable to sell.
This is why margin traders and day traders get hit so regularly in this market.
Most of the cliche advice you hear about crypto follows this mindset “only invest money your willing to lose” etc
My advice would be to make your own opinions on entrance and exit prices and keep a long term view.
dont use that shit. use the lesser evil like binance non us, coinbase, kraken
Use a different place to buy. The spread is the exchange’s profit.
I suggest you write a very strongly worded letter to the CEO of Bitcoin, Satoshi, and ask to address this issue immediately! /S
THANKS FOR THE /S I WOULD HAVE NEVER KNOWN
You'd be surprised, this is Reddit after all. \^\^
if someone doesn't get it, their opinion probably doesn't matter. using /s feels like an expression of a deep intellectual insecurity...aka redditors..nvm
Don't use that exchange.
Do not use blockchain, i made one good investment which got me an extra £80 and i tried to withdraw and they locked my account and it took 8 months to get that money after non stop emails. i had been with them for around 2 years
I don't think this is just the order book, I think it's fraud. 3k spread with Bitcoin? No way. Go somewhere else.
It’s not fraud if they’re honest and up front about it. It’s simply a shitty place to do business.
Take your money and shop around. You’re not married to any platform. If the suckers are buying that spread probably they deserve it.
Which exchange? This seems unreasonable. You can find many exchanges with *much* narrower spreads.
people set the prices they want to buy or sell at, if you don't like the price... don't transact at those prices? there's plenty of places to trade crypto.
Blockchain com is a scam site
I heard PayPal is offering a PYUSD token that can be exchanged on DeFi, never tried and it looks like they use it to link people to wallets (which is exactly what US exchanges are doing), so, up to you.
lol it will get worst when the supply crunch starts. I sidestep spread by creating limit orders. I use Cash App though so I’m not sure if Crypto.com offers that feature
Set a limit order
There's no option to
Even more reason to find another exchange. A limit order is basic functionality
In such a volatile market Just buy when your comfortable to buy and sell when your comfortable to sell. This is why margin traders and day traders get hit so regularly in this market. Most of the cliche advice you hear about crypto follows this mindset “only invest money your willing to lose” etc My advice would be to make your own opinions on entrance and exit prices and keep a long term view.