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RE: Steemit Market is Broken. How to Fix It.

in #steemit7 years ago

That is a limit order and 0 fees on a limit order is the norm and should be.

The reason is that the trade takes place within the exchange and no real wallet transaction took place. There is a buyer that wants a currency and a seller that is selling the currency. The currency is simply swapped. This doesn't cost the exchange anything and the exchange shouldn't impose a fee on a limit order transaction.

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Correct, i just noticed that it never fills at the limit price always below the price.