Nostr Web Client

it’s called “spread”

or "massive spread"

also the fees 😳

Please Login to reply.

1% spread is pretty typical 🤷 most exchanges range from 0.5% to 2.0%, unfortunately, depending on market conditions and liquidity

but yeah, that additional fee is gross

I can understand taking a fee, but quoting a price that's a thousand dollars higher, that's just insane. Down right criminal.

businesses need to make money

are you going to care when you buy $40 worth of bitcoin when bitcoin is at $1,000,000 and the spread/quote price is $1,010,000?

there’s always P2P markets; you’re paying for the convenience of not needing to find a market maker

Good point