[bisq-network/bisq] How to calculate trade penalties? (#5324)

pazza notifications at github.com
Sat Mar 20 03:36:11 CET 2021


> The problem is that buyers know they'll get 25% of trade amount as standard penalty from sellers, buyers won't accept any worse deal with sellers.

25% would only be in cases where seller has not sent BTC, or has sent BTC 3 days late. In those cases I think buyer should expect 25% of trade amount as a standard penalty.

Problem with 2% trade penalties is the volatility of BTC price. If as above seller is 3 days late releasing funds BTC price could have moved by more than 2%. I think penalties should not be associated to BTC price movement but instead fixed to late payment / release or BTC funds.

-- 
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
https://github.com/bisq-network/bisq/discussions/5324#discussioncomment-505558
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.bisq.network/pipermail/bisq-github/attachments/20210319/ac64df36/attachment.htm>


More information about the bisq-github mailing list