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RE: BitShares (BTS) Correction Pathway....A Healthy Dose!
Hey dave...let me know if you have any questions...the only thing im still trying to figure out is creating your own assets and borrowing , but everything else im pretty cool with..i was on their telegram site and they mentioned they were going to integrate trading view charts and many other things so i think 2018 will be a good year...i've watched the volume for months and months and i have to say the liquidity has increased substantially....cheers friend
That would rock the House if they integrate trading view charts!
For borrowing, just go into: Dashboard->Margin Positions->bitUSD then set your collateral level. I've always done 4x. And, of course, understand that you will be margin called if the BTS price falls below the Call Price.
No doubt , hopefully they get on it ASAP!
That's some really great news. Some more volumes and more coins like Binance and I'll be a migrated person (into BTS).
Yeah you bring up a really good topic Vimukthi...they have some really good coins, but as soon as they start supporting more we will see even more people move over
Binance had a good UX, ok volume and a bunch of coins with so much potential that no exchange had bothered to list (WTC, SONM, Bytom, Hcash, Tron(They even had an in-exchange ICO-which was refunded after the China ban.))
More coins with great potential is the most important factor. When there are lots of trading options and low fees, volume will naturally grow.
Very good point...i didn't include this in all of my posts...in fact I've had to transfer BTC out of the DEX just so i could invest in other coins...Binance really knocked it out of the park by the way they did things...really really impressed
Hey Shawn maybe you can help me out. I sold some BTS today and it sits in BitUSD. How do I get that converted to USD? Thank you
Sure yetti...sorry for the late response...ok so you first have to go to the deposit page by clicking on the drop down menu at the top right corner of the page...this takes you to the gateway page where you can deposit and withdraw coins from other exchanges and also set up FIAT...you have to submit your information for KYC verification and enter your bank info...they will send you a confirmation email letting you know that you are approved...then go to the find markets tab and type in open.USD to find the open.USD from open ledger...buy open.USD using your BitUSD balance...then on the same gateway deposit /withdrawal page click on withdrawal and choose how much open.USD you want to withdrawal and the USD will be deposited into your bank account...hope this helps friend