Qoo10 Deals. (Strictly no referral link) - Part 6

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Toons

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Interesting. I did not consider if Qoo10 will have a spread when it comes to buying vs selling. I think it only applies to buying from Qoo10 when converting the SGD to QCoin.

I did a quick calculation and it works out to be about 1.37 (1.369) kind of rate. The spread still seems quite small now, but I suspect they may slowly increase it.

There is one time when you can buy coins @ 1.38 base rate but when you spend it, its worth 1.40 :s13:
 

finale1

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I suspect the Qcoin spending rate (currently 1.369) is lagging behind USDSGD. Perhaps the formula is a lagging 2 week daily average close of USDSGD.

USDSGD recent low around 1.3520.
1 Qcoin = 1.02 x 1.3520 = 1.379
Which means the lowest price of qcoin is 1.379.


Why is Qcoin now only worth 1.369 when buying things? It should not be this rate.




Interesting. I did not consider if Qoo10 will have a spread when it comes to buying vs selling. I think it only applies to buying from Qoo10 when converting the SGD to QCoin.

I did a quick calculation and it works out to be about 1.37 (1.369) kind of rate. The spread still seems quite small now, but I suspect they may slowly increase it.
 

wadsad

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just use qcoins in quube no need worry simi spread or what liao. 100qcoins means 100qcoins. 99qcoins means 99qcoins.
 

finale1

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Lol so easy?

Sellers will increase qcoin needed if USDSGD go down.

Sellers convert Qcoin to SGD also have spread.

Pls think before u type leh

just use qcoins in quube no need worry simi spread or what liao. 100qcoins means 100qcoins. 99qcoins means 99qcoins.
 

wadsad

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Lol so easy?

Sellers will increase qcoin needed if USDSGD go down.

Sellers convert Qcoin to SGD also have spread.

Pls think before u type leh

U are the one who needs to think. If u stupid enough to buy quube items when not on promo, u will kana. If not, they will usually be at the same price.
 

finale1

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Quube sellers have not cashed out yet.
The shocking reality has not hit them

U are the one who needs to think. If u stupid enough to buy quube items when not on promo, u will kana. If not, they will usually be at the same price.
 

batniss

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Anyone have 40 off 400 (VIP Members) here?
<i given mine for the month and now i need 1 myself :()

can gift to me? :o
 

and_who

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Hi, anyone here has a 50 dollar off coupon to spare me please?

Intending to buy something tonight or tomorrow!
 

Clarence80

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Coming coupon:

eB5OlkY.jpg

not out yet? cannot grab it on qoo10 app.
 
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