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Main => General Discussion => Topic started by: together on August 27, 2014, 06:28:57 pm

Title: What is the most efficient (profitable) way to buy btsx
Post by: together on August 27, 2014, 06:28:57 pm
Hi,
So what would be the best way to get btsx? should i first get bitcoins and then exchange them to btsx on bter for example? can i make the market on bter? as in post my bid price for btsx?
thanks
Title: Re: What is the most efficient (profitable) way to buy btsx
Post by: robrigo on August 27, 2014, 06:31:10 pm
You could buy bitUSD for less than the price of an actual USD and then sell that on the internal exchange... it looks like the peg is stabilizing right now on the internal market so there is some profit to be scraped there if done correctly.

https://bter.com/trade/btc_bitusd
https://bter.com/trade/bitusd_usd
Title: Re: What is the most efficient (profitable) way to buy btsx
Post by: together on August 27, 2014, 06:52:10 pm
You could buy bitUSD for less than the price of an actual USD and then sell that on the internal exchange... it looks like the peg is stabilizing right now on the internal market so there is some profit to be scraped there if done correctly.

https://bter.com/trade/btc_bitusd
https://bter.com/trade/bitusd_usd

How can I buy bitusd at a good rate? can I post an order on bter?
Title: Re: What is the most efficient (profitable) way to buy btsx
Post by: robrigo on August 27, 2014, 07:05:41 pm
You could buy bitUSD for less than the price of an actual USD and then sell that on the internal exchange... it looks like the peg is stabilizing right now on the internal market so there is some profit to be scraped there if done correctly.

https://bter.com/trade/btc_bitusd
https://bter.com/trade/bitusd_usd

How can I buy bitusd at a good rate? can I post an order on bter?

Yes at the links I provided in this quote. I use BTC -> BTSX but now that you can buy BTC -> bitUSD you could buy bitUSD, transfer that into your BitSharesX wallet and then sell it on the internal market for BTSX as well. bter doesn't charge a withdrawal fee for BitUSD atm.