Offer Price Margins
When creating an offer in the ThreeBx marketplace, you will have the option to set a price margin. This is a simple mechanism to change the price of the asset you are listing. For example, you can add a 1% markup on your Bitcoin offer or sell Litecoin at a 5% discount. This means you can increase or decrease the value of a digital asset based around the market value. We allow you to include two types of margins: positive and negative price margins.
Positive Price Margins
Positive price margins raise the value of the offer above market value. This can be used to sell your asset above market value. If you set a price margin of "10," you will be posting your digital asset 10% above current market value.
Negative Price Margins
Negative price margins lower the value of the offer below market value. This can be used to sell your asset for less than market value. If you set a price margin of "-10," you will be discounting your digital asset by 10%.
No Price Margin (The Default)
If you leave the price margin field empty or set it at "0," your asset will be offered at market value. The price margin field is optional and we default the offer's price to current market value.
These types of margins can be used in many different ways. Some examples of why you would use this feature is selling large amounts of crypto at a discount or offering small amounts at a premium. In the end, margins help sellers tailor their offers to their goals. Keep in mind that the market value is constantly changing. Posting your offer at a 10% margin means that your offer will always be 10% higher than the current market value.