BitShares Forum

Main => General Discussion => Topic started by: Loweherz on December 14, 2017, 07:48:31 pm

Title: How to hedge EUR on BitShares
Post by: Loweherz on December 14, 2017, 07:48:31 pm
Hi,

Have quite some bitUSD that I want to store in EUR. Have not found a suitable way on the DEX yet, anybody has ideas?

Options;
1. sell to bitEUR / open.EUR; inefficient pricing due to low volume on the DEX
2. borrow EUR; can only be done with BTS as collateral, I carry too much USD at the moment to cover all currency risk
3. send to bank account;
     * CCEDK requires buying open.EUR (USD-open.EUR market too low volume) (nb 3% fee)
     * Kraken is too congested, just doesn't work properly
     * Bitstamp not pretty either, really I prefer our own DEX, its just the way to go

Thank you.
Loweherz