BitShares Forum

Main => Technical Support => Topic started by: sepehr on November 06, 2015, 05:43:32 am

Title: Asset to Asset exchange? Is it possible?
Post by: sepehr on November 06, 2015, 05:43:32 am

I'm a newbie in bitshare atmosphere, My question is that is it possible to have Asset to Asset exchange in Bitshare?

I mean for example I issue some assets for example named ASSET1 and ASSET2, then can I exchange ASSET1 to ASSET2 or ASSET1 to BitUSD or ASSET1 to BitCNY etc..?

Thanks,
Sepehr

Title: Re: Asset to Asset exchange? Is it possible?
Post by: Samupaha on November 06, 2015, 09:28:20 am

Quote from: sepehr on November 06, 2015, 05:43:32 am

I'm a newbie in bitshare atmosphere, My question is that is it possible to have Asset to Asset exchange in Bitshare?

I mean for example I issue some assets for example named ASSET1 and ASSET2, then can I exchange ASSET1 to ASSET2 or ASSET1 to BitUSD or ASSET1 to BitCNY etc..?

Yes, this is exactly what Bitshares is designed to do. You can have any trade pairs you want (as long as the asset issuer hasn't disabled any markets). Market pegged assets like BitUSD and BitCNY don't have any restrictions.

Title: Re: Asset to Asset exchange? Is it possible?
Post by: xeroc on November 06, 2015, 09:54:39 am

I recommend reading the whitepaper at http://docs.bitshares.eu
It is supposed to be easy to understand and will give you a bigge picture of a subset of features in BitShares

Title: Re: Asset to Asset exchange? Is it possible?
Post by: sepehr on November 06, 2015, 12:44:12 pm

Quote from: Samupaha on November 06, 2015, 09:28:20 am

Quote from: sepehr on November 06, 2015, 05:43:32 am

I'm a newbie in bitshare atmosphere, My question is that is it possible to have Asset to Asset exchange in Bitshare?

I mean for example I issue some assets for example named ASSET1 and ASSET2, then can I exchange ASSET1 to ASSET2 or ASSET1 to BitUSD or ASSET1 to BitCNY etc..?

Yes, this is exactly what Bitshares is designed to do. You can have any trade pairs you want (as long as the asset issuer hasn't disabled any markets). Market pegged assets like BitUSD and BitCNY don't have any restrictions.

Thanks a lot Samupaha,
Another question which arowsed in my mind is that can I issue Fiat pegged Assets myself and support them? Foe example Issue BitCNY2 or any other currencies and personally support it and market it?

Title: Re: Asset to Asset exchange? Is it possible?
Post by: sepehr on November 06, 2015, 12:45:08 pm

Quote from: xeroc on November 06, 2015, 09:54:39 am

I recommend reading the whitepaper at http://docs.bitshares.eu
It is supposed to be easy to understand and will give you a bigge picture of a subset of features in BitShares

Thanks a lo xeroc,

Good document and I will read it carefully.