Hello admins,
will there be a minimum amount you have to trade per trade?
I have seen this on many exchanges where i was not able to trade for example my ltc, which were worth 5$ to btc, because the minimum amount of a trade has to be 10$.
This is really annoying, since many exchanges have this limitation.
Trading has a cost for the operations, that should be lower than the fee charged to a reasonable degree. A filled $5 trade brings about $1c in fees, so it all depends if the processing, settlement and storage costs on time of that trade make it profitable to do so.
Our trading limits have not been established yet.
Thank you for the fast response.
I understand what you mean. Hopefully the minimum trading size will not be too high, because if online stores use nash to accept cryptos and a user want to buy goods or for example songs via mikropayments (~1$) and pays via btc/ltc etc. it would be unfavourable if the user has to buy minimum eg. 5-10$ to pay via nash.
I hope you will find an optimal solution