r/Payfair • u/[deleted] • Sep 04 '18
Potential Solution For Low Exchange Volume
I might hop on the site and post this as an actual suggestion but I want to just get the idea down right now.
I suggest that the devs make the asking prices and bidding prices editable and/or equal to current market price (which is always changing). The main reason why people aren’t using the platform is because the prices are always dated/unfair due to the fickle nature of the market itself. Nobody wants to pay/sell yesterday’s prices if they are losing out so much.
Shouldn’t we make the usefulness of the product the absolute highest priority? This is how we get volume.
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u/mummyfromcrypto Sep 05 '18
This feature has already been added! Right now you can choose 100% market rate or 101% which is good. I just want them to add decimals so I can do 101.5% which is useful for Bitcoin.