BitShares Forum

Main => General Discussion => Topic started by: chenlocus on March 09, 2018, 03:22:57 am

Title: suggestion for function to exchange between bitUSD and fiat
Post by: chenlocus on March 09, 2018, 03:22:57 am

As we know, Bitshares is a decentralized cryptocurrency exchange. It has some gateways to exchange with external market. Whenever you want to transfer in or out coins with those centralized exchange, you need to navigate to the page to deposit/withdraw coin.


This is the only channel to the outside world of BTS. We can transfer our steem to BTS wallet via this way. Scared of high commission fee and concerned of security in those centralized exchange, I once only played in BTS.

Why not build a channel so that people can exchange their fiat with bitUSD straightforward?   Here is the steem link for this suggestion:

https://steemit.com/bts/@chenlocus/learn-from-magic-wallet-to-implement-the-exchange-between-bitusd-and-usd-cny

thanks for the consideration of the bitShares dev team.

Title: Re: suggestion for function to exchange between bitUSD and fiat
Post by: sschiessl on March 09, 2018, 07:21:12 am

See
https://bitsharestalk.org/index.php?topic=23800.0
and
https://bitsharestalk.org/index.php?topic=26075.0

Title: Re: suggestion for function to exchange between bitUSD and fiat
Post by: chenlocus on March 12, 2018, 10:56:45 pm

Thanks, using escrow service to exchange fiat with bitUSD is great at this stage.