minimum order sizes

Question

minimum order sizes

npomfret opened this issue 6 years ago · comments

I wanted to place some test orders. Is there somewhere I can find the minimum order size?

I found this https://coinfloor.zendesk.com/hc/en-us/articles/201721837-What-is-the-minimum-amount-of-bitcoin-that-can-be-traded-. Is it accurate? And what about the BCH markets?

Nick Pomfret commented 6 years ago

Thanks

Matt Whitlock · Answer 1 · Thu Jul 05 2018 22:30:42 GMT+0800 (China Standard Time)

The order quantity can't be zero, but any other integer is acceptable (provided you have sufficient account balance). Note that a quantity of 1 in the API means 0.0001 XBT or 0.0001 BCH.

Also note that an order to buy 1 of anything will get closed without trading anything if/when it matches with a sell order, as there isn't enough reserved counter asset there to make a trade and pay the fee. I'd recommend testing with a quantity of 2 (or -2).

Nick Pomfret · Answer 2 · Mon Oct 14 2019 17:06:54 GMT+0800 (China Standard Time)

@whitslack what currency is the fee paid in?

Coinfloor LTD · Answer 3 · Mon Oct 14 2019 17:51:46 GMT+0800 (China Standard Time)

Hi Nick, All of our fee details are on the following page: https://www.coinfloor.co.uk/fees If this page doesn't answer your specific question please let us know so we can clarify further and update the page if needed. Kind regards, Tim.

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On Mon, 14 Oct 2019 at 10:06, Nick Pomfret ***@***.***> wrote: @whitslack <https://github.com/whitslack> what currency is the fee paid in? — You are receiving this because you are subscribed to this thread. Reply to this email directly, view it on GitHub <#24?email_source=notifications&email_token=ABQIA2CAKZTHJN3PSUGGZD3QOQZDBA5CNFSM4FIIRV6KYY3PNVWWK3TUL52HS4DFVREXG43VMVBW63LNMVXHJKTDN5WW2ZLOORPWSZGOEBD2NHA#issuecomment-541566620>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/ABQIA2CDHE3GAJ2S3GMF2STQOQZDBANCNFSM4FIIRV6A> .

Nick Pomfret · Answer 4 · Mon Oct 14 2019 22:05:28 GMT+0800 (China Standard Time)

Um, yes that's why I'm asking the question. Do you understand what I'm asking?

Coinfloor LTD · Answer 5 · Mon Oct 14 2019 22:15:17 GMT+0800 (China Standard Time)

Withdrawls, fees are in the native currency (i.e. withdrawal FIAT, fee is in FIAT. Withdrawal XBT, fee is in XBT) Trades, fees are in FIAT

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On Mon, 14 Oct 2019 at 15:05, Nick Pomfret ***@***.***> wrote: Um, yes that's why I'm asking the question. Do you understand what I'm asking? — You are receiving this because you commented. Reply to this email directly, view it on GitHub <#24?email_source=notifications&email_token=ABQIA2AQCRL2XB5DKAJ43MTQOR4CRA5CNFSM4FIIRV6KYY3PNVWWK3TUL52HS4DFVREXG43VMVBW63LNMVXHJKTDN5WW2ZLOORPWSZGOEBE2SBA#issuecomment-541698308>, or unsubscribe <https://github.com/notifications/unsubscribe-auth/ABQIA2D43WGEXOYVC7SCHIDQOR4CRANCNFSM4FIIRV6A> .

Nick Pomfret · Answer 6 · Tue Oct 15 2019 00:03:22 GMT+0800 (China Standard Time)

Thanks!

Any chance of getting some answers to the other open questions on here?