SP1 0.00% $1.07 southern cross payments ltd

One thing is for sure. The coin operators can afford to pay for...

  1. 658 Posts.
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    One thing is for sure. The coin operators can afford to pay for ISX transaction fee. I just looked up BitCoin prices on the Bloomberg. Real time price at the moment is USD4,846.19. BuyCoin Now will sell you one - for USD5,290.75. A very sweet 9% 'transaction fee' for them.

    So to buy and then sell a coin through these type of platforms, you need a 20% rise in the price just to cover 'hidden fees'.

    Not implying that ISX is in anyway doing anything wrong, infact they are ensuring criminal activity is reduced - but these coin operations are far from being legitimate business in my opinion...
 
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