horrendous bitcoin rate at shinjiru

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it is not new for me that shinjiru has a fixed bitcoin rate but they always deviates greatly from the real bitcoin rate.
current 0.0026btc per usd and this rate exists since 2 months. and i find this really overpriced.

I know bitcoins only without fees…

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One Response to “horrendous bitcoin rate at shinjiru”

  1. Franklin M says:

    We’re representing Shinjiru in this response.

    We normally use Coinbase to accept payments from Bitcoin. Since it adjusts the bitcoin rate automatically, it works pretty well. However, some of our customers insist that they wish to pay us directly via Bitcoin. Therefore, for these customers, we set a rate for Bitcoin which do not update on daily basis, and we only update on biweekly / monthly basis. So, if the Bitcoin rate is lower in the market, customer will have to pay more to us than usual.

    Therefore, a viable solution to this is to make us payments through Coinbase since it updates it’s rate according to market pricing in real time.

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