Author Topic: Trading of MUSE via TRADE.MUSE now possible on Internal DEX  (Read 2321 times)

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Offline dannotestein

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We have to make a MUSE transfer as part of this transaction, so we have to pay the MUSE transaction fee. If you try a reasonable quantity of TRADE.MUSE (e.g. 10,000 TRADE.MUSE), you will see it's nearly 1-1. We charge a fee of 0.05% + the transaction fee (we're actually undercharging for the transaction fee right now, IIRC, so please don't flood us with 5 MUSE transactions).
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Offline Pheonike

I don't understand the cost? Shouldn't 1 trade.muse = 1 muse(minus fess)?? On Blocktrades now



So 1 muse is equal to 5 trade.muse??

Offline GaltReport

Okay, tested this and it seemed to work very quickly!  Good Job.

Offline GaltReport

We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Tried transferring 5 TRADE.MUSE via blocktrades as instructed on yoursite w/the specific memo requested and I got a fee of something like 212 TRADE.MUSE so I cancelled.  Seems similar to the earlier problem I had transferring meta fees.

The site also said to transfer 9 TRADE.MUSE to receive 5 MUSE ??

Since latest MUSE (NOTE) price is about 0.2 BTS, the fee exchange rate is set to 0.2. So transfer fee of (40+xxx BTS) / 0.2 = 212 TRADE.MUSE.

Okay, is 1 TRADE.MUSE redeemable for 1 MUSE?  Wondering about the 9 TRADE.MUSE to receive 5?

I think 1 TRADE.MUSE is redeemable about 0.9995 MUSE, after transfer fee (200 TRADE.MUSE)

Maybe it will make more sense to me at larger amounts.  Thanks.

Offline clayop

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We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Tried transferring 5 TRADE.MUSE via blocktrades as instructed on yoursite w/the specific memo requested and I got a fee of something like 212 TRADE.MUSE so I cancelled.  Seems similar to the earlier problem I had transferring meta fees.

The site also said to transfer 9 TRADE.MUSE to receive 5 MUSE ??

Since latest MUSE (NOTE) price is about 0.2 BTS, the fee exchange rate is set to 0.2. So transfer fee of (40+xxx BTS) / 0.2 = 212 TRADE.MUSE.

Okay, is 1 TRADE.MUSE redeemable for 1 MUSE?  Wondering about the 9 TRADE.MUSE to receive 5?

I think 1 TRADE.MUSE is redeemable about 0.9995 MUSE, after transfer fee (200 TRADE.MUSE)
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Offline GaltReport

We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Tried transferring 5 TRADE.MUSE via blocktrades as instructed on yoursite w/the specific memo requested and I got a fee of something like 212 TRADE.MUSE so I cancelled.  Seems similar to the earlier problem I had transferring meta fees.

The site also said to transfer 9 TRADE.MUSE to receive 5 MUSE ??

Since latest MUSE (NOTE) price is about 0.2 BTS, the fee exchange rate is set to 0.2. So transfer fee of (40+xxx BTS) / 0.2 = 212 TRADE.MUSE.

Okay, is 1 TRADE.MUSE redeemable for 1 MUSE?  Wondering about the 9 TRADE.MUSE to receive 5?


Offline clayop

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We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Tried transferring 5 TRADE.MUSE via blocktrades as instructed on yoursite w/the specific memo requested and I got a fee of something like 212 TRADE.MUSE so I cancelled.  Seems similar to the earlier problem I had transferring meta fees.

The site also said to transfer 9 TRADE.MUSE to receive 5 MUSE ??

Since latest MUSE (NOTE) price is about 0.2 BTS, the fee exchange rate is set to 0.2. So transfer fee of (40+xxx BTS) / 0.2 = 212 TRADE.MUSE.
Bitshares Korea - http://www.bitshares.kr
Vote for me and see Korean Bitshares community grows
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Offline GaltReport

We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Tried transferring 5 TRADE.MUSE via blocktrades as instructed on yoursite w/the specific memo requested and I got a fee of something like 212 TRADE.MUSE so I cancelled.  Seems similar to the earlier problem I had transferring meta fees.

The site also said to transfer 9 TRADE.MUSE to receive 5 MUSE ??
« Last Edit: November 10, 2015, 01:01:31 pm by GaltReport »


Offline ebit

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Offline testz

We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.

Excelent!  +5%

Offline dannotestein

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We've created TRADE.MUSE which is a backed UIA for MUSE coin. Currently, you can purchase TRADE.MUSE from http://blocktrades.us using MUSE, then sell it on any TRADE.MUSE market in the Bitshares Decentralized Exchange. Similarly, if you purchase TRADE.MUSE on the decentralized exchange, you can exchange it for MUSE on the blocktrades web site. Soon you will also be able to deposit/withdraw TRADE.MUSE directly in the web wallet as well.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter