Free: 0.005 Bitcoin - Cryptocurrency - Listia.com Auctions for Free Stuff

FREE: 0.005 Bitcoin

0.005 Bitcoin
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Description

The listing, 0.005 Bitcoin has ended.

0.005 Bitcoin sent to your wallet or Coinbase account Email. This listing was for 0.25 Litecoin, but I have changed it to the mentioned Bitcoin amount. If you win this listing 0.005 Bitcoin will be sent to your wallet, not Litecoin.

- socrtwo22
Questions & Comments
Original
That’s like $30 in XNK for only $20 in BTC?
Mar 28th, 2019 at 5:58:29 AM PDT by
Original
That's right. It's for people who have trouble buying Bitcoin in other ways because of the barriers sites like Coinbase or limitations some countries impose on their citizens. I charge a 32% markup after Listia takes out the 10% GIN fee.

Out of the 32% I pay for wallet transfer and trading fees to convert dollars to BTC on Coinbase Pro, transfer the BTC to the purchaser and then with the XNK I get from my purchaser, transfer XNK to Bittrex, trade for BTC with XNK there, transfer BTC to Coinbase Pro and then convert BTC back to dollars on Coinbase Pro. Each step whittles away some of the value...
Mar 28th, 2019 at 6:06:39 AM PDT by
Original
You are correct. I didn’t consider fees. Thanks!
Mar 28th, 2019 at 6:19:47 AM PDT by
Original
OK no problem. If XNK value is going down faster (I should increase prices if I can) than I can change prices, sometimes I only break even or even lose a bit. Thankfully the price has stabilized over the last few weeks. See: https://www.coingecko.com/en/coins/ink-protocol/trading_exchanges
Mar 28th, 2019 at 6:27:34 AM PDT by

0.005 Bitcoin is in the Other Stuff | Cryptocurrency category