BitShares Forum

Main => General Discussion => Topic started by: bitcrab on April 07, 2016, 07:52:40 am

Title: BitUSD<->Tether.USD conversion service launching
Post by: bitcrab on April 07, 2016, 07:52:40 am
to make smartcoin more senseful in the whole economy, now transwiser launch the service for conversion between BitUSD andTether.USD.

for details, please check http://www.transwiser.com/index_en.php

now the service is provided manually yet, we'll try to make it automatically in the recent future.

(http://i2.piimg.com/fe5353e0df953a3a.png)
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: xeroc on April 07, 2016, 08:00:03 am
wow .. this is great news!!
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: liondani on April 07, 2016, 08:09:57 am
 +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%

WOW!  That will bring liquidity for sure !!!!!!!!
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: openledger on April 07, 2016, 09:52:38 am
why not wait the week it takes to have omni group aded to OL, an then use the official Tether asset of OL?

On top not sure how tether.usd is possible when I have the asset TETHER already?

Either way could be nice to co ordinate these effortss for the good of BTS community.

Rgds

Ronny
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: liondani on April 07, 2016, 10:22:10 am

On top not sure how tether.usd is possible when I have the asset TETHER already?

They could not usd.tether... (thether.usd is fine I think)
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: Ben Mason on April 07, 2016, 11:00:28 am
Well done bitcrab!  Fantastic news.  Don't forget to co-ordinate with openledger wherever possible......the greater alignment our community has in it's efforts the better!
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: openledger on April 07, 2016, 11:05:10 am

On top not sure how tether.usd is possible when I have the asset TETHER already?

They could not usd.tether... (thether.usd is fine I think)

no, you cannot build on top of an asset already owned by somebody else, hence the reason why OPEN asset has been created.
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: Empirical1.2 on April 07, 2016, 02:40:30 pm
Is Tether.USD the same as or related to Tether (USDT) http://coinmarketcap.com/assets/tether/ ?
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: bitcrab on April 07, 2016, 02:48:32 pm
why not wait the week it takes to have omni group aded to OL, an then use the official Tether asset of OL?

On top not sure how tether.usd is possible when I have the asset TETHER already?

Either way could be nice to co ordinate these effortss for the good of BTS community.

Rgds

Ronny

sorry seems I forgot/neglected what you replied in other thread, so CCEDK will introduce tether as other existed currencies, there will be an asset named OPEN.TetherUSD, right?
anyway there will be no conflict, in my model no need to create asset with tether in name.
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: merivercap on April 07, 2016, 05:59:13 pm
Great news and great job! 

Would be great to have our new CASH.USD smartcoin to convert to Tether down the road as well so I may reach out.

 
Title: Re: BitUSD<->Tether.USD conversion service launching
Post by: woodygar on April 08, 2016, 05:24:33 pm
Thanks, can't wait to try it