<p>The price in real-time trading exchanges is determined dynamically based on supply and demand. People sell and buy which influences/determines the price fluctuations.</p>

<p>The price in fixed rate trading exchanges is whatever the seller chooses to; e.g. selling 1btc for $450 each. That price is usually determined by consulting real-time exchanges and the seller will update the price accordingly.</p>

CC BY-SA 3.0
2016-03-19T06:58:26.477Z
I see, so fixed rate trading isn't really an exchange IMO, as it's not the market price of btc.
fluter
CC BY-SA 3.0
2016-03-18T21:43:17.320Z
2016-03-18T21:43:17.320Z
karask
<p>Hi was reading through the wiki about exchanges, </p>

<p><a href="https://en.bitcoin.it/wiki/Trading_bitcoins" rel="nofollow">https://en.bitcoin.it/wiki/Trading_bitcoins</a></p>

<p>it looks there are two kinds of them, what's the difference?</p>

<exchanges>
what's the difference of the two trading engines?
fluter
# what's the difference of the two trading engines?

(Asked by: username_0 on 2016-03-18)

Hi was reading through the wiki about exchanges,

<https://en.bitcoin.it/wiki/Trading_bitcoins>

it looks there are two kinds of them, what's the difference?

**Tags:** exchanges


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## 1 answers

### Answer by username_1 on 2016-03-18. Score: 1 | Accepted answer

The price in real-time trading exchanges is determined dynamically based on supply and demand. People sell and buy which influences/determines the price fluctuations.

The price in fixed rate trading exchanges is whatever the seller chooses to; e.g. selling 1btc for $450 each. That price is usually determined by consulting real-time exchanges and the seller will update the price accordingly.

> **Comments:**
> **username_0**: I see, so fixed rate trading isn't really an exchange IMO, as it's not the market price of btc.  

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