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FAQ
Why does the service place a sell order at such a low price?
Why does the service place a sell order at such a low price?
Updated over a week ago

This is done to guarantee that the position is closed. Don’t panic! The coin is not really sold at this price; the actual price is determined by the market at the time the transaction is made. For example, the service places an order to sell 1 BCC at 0.00050000 at which time the buy book (Bid orders) is:

  1. 4 BCC at 0.18 btc;

  2. 5 BCC at 0.179 btc;

  3. 2 BCC at 0.175 btc.

Thus, your 1 BCC will be sold:

  1. 4 BCC at 0.18 btc;

  2. 5 BCC at 0.179 btc;

  3. 1 BCC at 0.175 btc.

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