Recently I have been so much distracted by real life... that every news is so surprising... becoming a real target post for me. Maybe now I understand and give more value to the ones that on average are far away from crypto news. Anyway... this one is because I wanted to test this exchange methodology on trading SNAX to something else... of course, it had to be EOS! 馃お
Unless you get verified you can't trade. I think that's a good choice from CHAINRIFT. This is how long it took!
I used SNAX for the effect, but you can use any of the currencies they have available:
Before you get so pumped...
Prices are still very infant... and it results on some limitations from exchanges (as normal ways to fight negative inflation). Therefore, for the highest bid on EOS for SNAX, you need to (at the time of this post) use 250000 SNAX to trade 1 EOS! That's stupidly low in my view. And this is why I am not going to trade any at the moment.
Let's try the other way around... it's super cheap... so why not!?
DAMN! This exchange lost some great possibilities of having lots of people bUYing SNAX!
Unfortunately the unit is their rule here... and this causes some serious issues on undervalued crypto. As usual.... this is sometimes strategic I know... but in this case, I think setting the buy of SNAX so high... is bad for SNAX. EOS is very powerful... and unlikely to go down very quickly. So, for me it does not make any sense to set the bar so high... especially because the costs of trading on EOS are not that high (and CHAINRIFT, if you think it is, please give me a ping).
Shit.. there is no five... I can't continue. I wished I could. But I can't. And I am not going to fake it. If it does not suit me... it will not for 99% of other traders...
And I smell toasts... got to go!
