Centralised businesses that facilitate purchases often have fees and bid/ask spreads, from credit cards when you have overseas purchases to #bitcoin exchanges
It is on you, the customer, to find good ones with the lowest costs
Finally orange pilled my uncle and it feels amazing to have another ally in the family. He's been buying like crazy on nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en but had a question that I'm pretty sure I know the answer too but wanted to check. #asknostr
it charged me $11 and some change for fee. I know all of them do that, but the price I paid was $256 higher than the price that was displayed on the graph when I initiated the purchase. I’ve been watching it and it’s very consistently when the transaction actually happens. Are they pulling a fast one, or is that common practice? It’s consistently around a one percent difference, and if I’m not mistaken, it’s always higher what your charged.
It could be the micro volatility, but it always seems like it’s higher ???
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