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Offline dannotestein

BlockTrades.us offering promotional rate on buying BTS
« on: March 14, 2015, 07:14:47 PM »

Hi all,

We've recently made some improvements to our internal market-making engine that allow us to improve the spreads and liquidity we can offer in various markets. To celebrate this and to promote newcomers joining the BitShares ecosystem, we're offering a promotional rate on BTC to BTS conversions for the next few days at http://blocktrades.us.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline fundomatic

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Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #1 on: March 14, 2015, 08:53:21 PM »
Is it possible to have a link to https://blocktrades.us/ that will point straight
to BTC/BitShare market (or some other specific market)?

I could share the link, but the default market rates Bitcoin/BitBTC don't look promotional.

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #2 on: March 14, 2015, 09:29:12 PM »
Is it possible to have a link to https://blocktrades.us/ that will point straight
to BTC/BitShare market (or some other specific market)?

I could share the link, but the default market rates Bitcoin/BitBTC don't look promotional.
Great idea! We'll change the default link to BTS, and we'll also make a few changes to support direct URLs to different conversions. Shouldn't take too long to do either.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #3 on: March 14, 2015, 10:32:54 PM »
Is it possible to have a link to https://blocktrades.us/ that will point straight
to BTC/BitShare market (or some other specific market)?

I could share the link, but the default market rates Bitcoin/BitBTC don't look promotional.
Great idea! We'll change the default link to BTS, and we'll also make a few changes to support direct URLs to different conversions. Shouldn't take too long to do either.
We've made conversion to BTS the default now, so you can share the base link to http://blocktrades.us "as-is" and it will quote for a Bitcoin to BTS conversion.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline Gentso1

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #4 on: March 14, 2015, 10:43:37 PM »
Any chance you will provide a btc to bitsilver/bitgold pairing?

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #5 on: March 14, 2015, 10:46:10 PM »
Any chance you will provide a btc to bitsilver/bitgold pairing?
Yes, we'll be adding it fairly soon.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline Ander

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Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #6 on: March 15, 2015, 07:08:31 PM »
It worked! :)
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline robrigo

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #7 on: March 15, 2015, 07:43:48 PM »
Tried this service for the first time... quick, easy, and smooth.  +5%

Offline Ander

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Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #8 on: March 15, 2015, 08:02:52 PM »
When it says 'recommended maximum 4.xx BTC', am I save sending up to this amount (will I get the listed exchange rate if I dont go above this?) 

If I send it 4 BTC, is this a lot riskier (in terms of maybe getting a worse rate) than sending just 1 BTC?
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #9 on: March 15, 2015, 09:43:55 PM »
When it says 'recommended maximum 4.xx BTC', am I save sending up to this amount (will I get the listed exchange rate if I dont go above this?) 

If I send it 4 BTC, is this a lot riskier (in terms of maybe getting a worse rate) than sending just 1 BTC?
BlockTrades keeps a pool of each asset it sells for fast delivery. The suggested max deposit is a fraction of the amount in the pool (1/5 at the moment, if I recall correctly). The only reason we report it is just that so we don't get too many large simultaneous orders that exhaust the pool too rapidly. So it has no real relationship to the exchange rates we quote (see below for how we compute exchange rates).

We've set the suggested deposit limit  quite conservatively at the moment, in part just so that no one would place really large orders early in the site's life. As we continue to optimize our internal buying algorithms, we'll likely relax the suggested deposit limits.

Our exchange rates are set by how much it costs us to "replace" the order. When you fill in an amount you'd like to buy, we look to see how much it will cost to buy up that amount from the market. So you'll notice that if you increase the amount you want to buy to a large value, your exchange rate will go down as we start to have to buy up more "fringe" orders. Eventually you may even get a message "insufficient market liquidity", which means we can't buy enough to satisfy an order that large.
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline Gentso1

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #10 on: March 15, 2015, 11:12:45 PM »
Any chance you will provide a btc to bitsilver/bitgold pairing?
Yes, we'll be adding it fairly soon.
awesome.....

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #11 on: March 18, 2015, 02:23:47 PM »
Is it possible to have a link to https://blocktrades.us/ that will point straight
to BTC/BitShare market (or some other specific market)?
You can now embed a link to BlockTrades that sets the initial coin conversion market. For example,

http://blocktrades.us/unregistered_trade?input_coin_type=btc&output_coin_type=bitusd

displays the rates for converting from BTC to BitUSD

The currently recognized coin types are:

btc (BitCoin)
trade.btc (BlockTrades-backed IOU for BTC on BitShares Network)
dvs.trade.btc (BlockTrades-backed IOU for BTC on DevShares Network)

ltc (Litecoin)
trade.ltc (BlockTrades-backed IOU for LiteCoin)
dvs.trade.ltc (BlockTrades-backed IOU for LiteCoin on DevShares Network)

bts
bitbtc
bitcny
bitusd
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline 浅蓝~~~

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Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #12 on: March 24, 2015, 08:55:56 AM »
hi,dannotestein
  I use blocktrades to exchange BTS ,.but I receive nothing, please help to find the btc,and send back to me ,ths

Offline dannotestein

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #13 on: March 24, 2015, 12:23:25 PM »
hi,dannotestein
  I use blocktrades to exchange BTS ,.but I receive nothing, please help to find the btc,and send back to me ,ths
Done, I've PM'd you with details.

best regards,

Dan
http://blocktrades.us Fast/Safe/High-Liquidity Crypto Coin Converter

Offline mdj

Re: BlockTrades.us offering promotional rate on buying BTS
« Reply #14 on: March 24, 2015, 06:05:30 PM »
Giving it a try, I like that you support higher volumes than metaexchange and the rate seems competitive. So happy to finally have ways of getting into BTS without trusting altcoin exchanges! Shapeshift.io rate is awful.

Update: Worked perfectly! Can't wait for BTC/Silver pair to be added :)
« Last Edit: March 24, 2015, 06:35:54 PM by mdj »

 

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