Toons
Arch-Supremacy Member
- Joined
- Jan 1, 2000
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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