Saturday, February 4, 2023

Cryptocurrency pop-answer: 100 KUJI for 5.16 ATOM. Fair trade?

#cryptocurrency pop-answer to 100 $KUJI for 5.16 $ATOM on the KUJI/ATOM order book pop-quiz.

100 $KUJI at $0.772-per is $77.2
5.16 $ATOM at $14.752-per is $76.12.

so: a fairish trade, given current prices.

...but I paid ~$0.44 for those $KUJI.

Given $KUJI at $0.44-per, that $44 for 100 $KUJI, and 5.16 $ATOM being $76.12 at current prices, that means I netted a profit of ~ $32 in that trade, or 73% profit.

I'll take that, please and thank you.



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