npub1p2…k3m82 on Nostr: Sorry to hear that 😢 Well, at least the same mistake won't be made twice 😅 ...
Sorry to hear that 😢 Well, at least the same mistake won't be made twice 😅
Indeed, the BTC<->FIAT market rate will typically come with a premium and a positive premium is above that rate, whereas a negative premium is below that rate (AKA a "discount")
In future, you could try explaining to your peer in the P2P chat stage that you took this order before realizing the premium was negative, and hopefully your peer would understand so that you both could collaboratively cancel the order. Collab cancel means your bond isn't forfeited.
Indeed, the BTC<->FIAT market rate will typically come with a premium and a positive premium is above that rate, whereas a negative premium is below that rate (AKA a "discount")
In future, you could try explaining to your peer in the P2P chat stage that you took this order before realizing the premium was negative, and hopefully your peer would understand so that you both could collaboratively cancel the order. Collab cancel means your bond isn't forfeited.