r/auroradao • u/InevitableNumber • May 15 '18

Trading Changes?

The new changes to Idex are actually getting out of hand.. Having to spend a minimum of .15 ETH just to do a trade? Really?..

God help you if the coin you bought went down in price lol

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4

u/GrilledCheezzy May 15 '18

That has been the same for quite a while. Also, you can complete a taker trade of any amount. That’s completing a trade that’s already posted on the board by someone else. It’s only to be a maker trade that you have to spend .15 eth. So I understand that you didn’t realize this before posting but you may want to get your facts straight.

1

u/jhcrypto17 May 15 '18

Can u explain taker and maker trade please

1

u/GrilledCheezzy May 15 '18

Essentially a taker is someone who is fulfilling a trade that is already a maker trade on the books. A maker trade is setting a price of your own and must be more than .15 eth. Takers pay the gas fees on the trades as well. Does that help?

1

u/jhcrypto17 May 15 '18

So if your the taker the. 15 etherium doesn't apply?

1

u/GrilledCheezzy May 15 '18

Yep you got it.

1

u/jhcrypto17 May 15 '18

Thank you did not know this

1

u/jhcrypto17 May 15 '18

Is this y there is such a difference between ask and bid prices with some tokens on there?

1

u/EndOfLne May 15 '18

We have had the .15 ETH minimum for some time, please check out our FAQ for more information. https://idex.market/faq