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Does the Counterwallet Exchange Work?

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sirdigby

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The Counterwallet exchange seems to be pretty broken. I know there is low volume, but the BTC/LTBCOIN order book has a negative spread. The "Open Order" section has exchange rates or "prices" that are completely different than the order book.

I tried an order that matched the order book price and quantity - it went into my "Order History" as "pending" for about a day then changed to "expired" while still taking the BTC fee.

Has anyone figured out the Counterwallet Exchange or had successful trades?

Posted on July 22, 2014 at 10:57 AM

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• Frank Kern

  

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  A couple weeks I'm successfully bought XPC with Bitcoin. It took me a couple hours, but I was exiting because it was one trully decentralized exchange. But now it seems that it is broken.

  Posted on July 22, 2014 at 11:18 AM
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• franckuestein

  

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  Is problem solved? I've sold some coins directly and my sell order seems to be just "pending"

  Posted on August 4, 2014 at 6:01 AM
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• sirdigby

  

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  @francescu Is problem solved? I've sold some coins directly and my sell order seems to be just "pending"

  I'm not sure. It looks like the exchange has a new design and is easier to read, but I haven't tried an order since my original post.

  Posted on August 4, 2014 at 6:44 AM
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• redsn0w

  

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  Yes it's work perfectly , today i sold 6890 LTB in the internal exchange

  Posted on August 4, 2014 at 6:48 AM
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• franckuestein

  

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  @sirdigby

  @francescu Is problem solved? I've sold some coins directly and my sell order seems to be just "pending"

  I'm not sure. It looks like the exchange has a new design and is easier to read, but I haven't tried an order since my original post.

  Yes, I understand. In my case I've placed a sell order for a coin at the same value of the first market order (you know? selling directly) now my order is ‘pending’ but the buy offer is still there.

  I don't know why they don’t match and the trade takes place.

  Posted on August 4, 2014 at 6:48 AM
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• hashminer

  

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  I haven't tried it personally Everything seems to work though.

  Posted on August 4, 2014 at 6:49 AM
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• franckuestein

  

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  @redsn0w Yes it's work perfectly , today i sold 6890 LTB in the internal exchange

  And why if I sold it directly my order appears to be like pending? You understand more or less what I'm saying?

  Posted on August 4, 2014 at 6:51 AM
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• franckuestein

  

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  I'm waiting for redsn0w reply because my order seems to be stuck.

  But on that reply I want to share with the ones that are on that topic this Counterwallet support thread:

  "I placed an order to buy BTC for something else. What I offered was removed from my account, but I don’t see the BTC yet!" http://support.counterparty.co/support/solutions/articles/5000003513-i-placed-an-order-to-buy-btc-for-something-else-what-i-offered-was-removed-from-my-account-but-i

  Maybe we just have to wait?

  Posted on August 4, 2014 at 7:18 AM
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• redsn0w

  

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  @francescu I'm waiting for redsn0w reply because my order seems to be stuck.

  But on that reply I want to share with the ones that are on that topic this Counterwallet support thread:

  "I placed an order to buy BTC for something else. What I offered was removed from my account, but I don’t see the BTC yet!" http://support.counterparty.co/support/solutions/articles/5000003513-i-placed-an-order-to-buy-btc-for-something-else-what-i-offered-was-removed-from-my-account-but-i

  Maybe we just have to wait?

  It's simple , What you have to wait for someone you Buy them

  Posted on August 4, 2014 at 7:52 AM
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• sirdigby

  

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  @francescu I'm waiting for redsn0w reply because my order seems to be stuck.

  But on that reply I want to share with the ones that are on that topic this Counterwallet support thread:

  "I placed an order to buy BTC for something else. What I offered was removed from my account, but I don’t see the BTC yet!" http://support.counterparty.co/support/solutions/articles/5000003513-i-placed-an-order-to-buy-btc-for-something-else-what-i-offered-was-removed-from-my-account-but-i

  Maybe we just have to wait?

  Thanks for the link - I didn't know about the multi-step process it mentioned.

  I tried an order again on the LTBCOIN/BTC Counterwallet exchange and am having the same problem. Now it looks like there are 4 orders pending for about 2 hours at the same buy price.

  Posted on August 4, 2014 at 8:58 AM
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