OPEN.STEEM withdrawal option is gone without notice and market has no liquidity

[cylonmaker2053]

how does one even go about withdrawing OPEN.STEEM and redeeming STEEM?

Go to the Deposit/Withdrawal tab in the wallet and select the OpenLedger tab. Then in the "Withdrawal" tab, set the dropdown box to withdraw STEEM and press the Withdraw button. Enter the amount to withdraw and put in your steem account name as the address to withdraw to.

wow, that was ridiculously easy. now that i know there's an easy way to move STEEM off the DEX, i'll be much more active trading. you guys at Blocktrades are doing some seriously awesome things, thank you very much!

[dannotestein]

how does one even go about withdrawing OPEN.STEEM and redeeming STEEM?

Go to the Deposit/Withdrawal tab in the wallet and select the OpenLedger tab. Then in the "Withdrawal" tab, set the dropdown box to withdraw STEEM and press the Withdraw button. Enter the amount to withdraw and put in your steem account name as the address to withdraw to.

[cylonmaker2053]

I just finished hand-processing all of the transactions that were sent before the gateway was turned on.  All STEEM deposits to date have now been sent their OPEN.STEEM.

Thanks a lot.
The only issue now is on STEEM chain openledger has 781 STEEMs, but there are much more OPEN.STEEMs on BTS chain. In short, OPEN.STEEM is not well backed so far. What if all OPEN.STEEM holders try to withdraw?

how does one even go about withdrawing OPEN.STEEM and redeeming STEEM?

[Xeldal]

I just finished hand-processing all of the transactions that were sent before the gateway was turned on.  All STEEM deposits to date have now been sent their OPEN.STEEM.

@emf I think the STEEM gateway is down again.   

Update: its back up. Thanks.

[abit]

I just finished hand-processing all of the transactions that were sent before the gateway was turned on.  All STEEM deposits to date have now been sent their OPEN.STEEM.

Thanks a lot.
The only issue now is on STEEM chain openledger has 781 STEEMs, but there are much more OPEN.STEEMs on BTS chain. In short, OPEN.STEEM is not well backed so far. What if all OPEN.STEEM holders try to withdraw?

[emf]

I just finished hand-processing all of the transactions that were sent before the gateway was turned on.  All STEEM deposits to date have now been sent their OPEN.STEEM.

[abit]

For deposits, you send use your Steem wallet to send to the "openledger" account, with a memo of "open.steem:my-bts-account-name".  We wanted to use "openledger-wallet" but Steem doesn't allow account names that long.  The web wallet should be updated later today to add this info to the CCEDK tab.

If you're using the Steem cli wallet, the command would be something like:

Code: [Select]

transfer my-steem-acct openledger "1.000 STEEM" "open.steem:my-bts-acct" true
abit: if the transactions were sent before we enabled STEEM support yesterday, our scanner wasn't looking for them.  PM me the info and I'll check into it.

No need to pm. All transactions on STEEM are public now. Please check. Thanks.

Code: [Select]

unlocked >>> get_account_history openledger -1 50

 #     BLOCK #    TRX ID                                   OPERATION            DETAILS
-------------------------------------------------------------------------------------------------------------------------------------------------------
 2     430323     bfb0c518bc39bd368d729f04d27a56dcd5a71fed transfer             {"from":"fminerten","to":"openledger","amount":"10.000 STEEM","memo":"open.steem:shminer11"}
 3     430464     39df794e8a63486a86c82c37e0863f5582751b24 transfer             {"from":"steemit","to":"openledger","amount":"4000.000 STEEM","memo":"open.steem: steemit"}
 4     431322     0cc4f8fd34cb06f6b05cd157d36820c9d25cc39d transfer             {"from":"fminerten","to":"openledger","amount":"1.000 STEEM","memo":"open.steem: shminer11"}
 5     441847     b56ac8238c5d37909953e9f4afc6224c4fd385cf transfer             {"from":"neon1","to":"openledger","amount":"10.000 STEEM","memo":"open.steem:neon-miner"}
 6     446611     3f517ee221bf75eb27210acebd8b5527ee1175d8 transfer             {"from":"nxt9","to":"openledger","amount":"2.000 STEEM","memo":"open.steem:hano0osh"}
 7     468728     979ec95d505614d3daa9f4ad336a3453b36b87e5 transfer             {"from":"dele-puppy","to":"openledger","amount":"1.000 STEEM","memo":"open.steem dele-puppy"}
 8     490076     c1338e1e26199bdef63dbe28a949eedd6f61707d transfer             {"from":"dele-puppy","to":"openledger","amount":"1.000 STEEM","memo":"open.steem: dele-puppy"}
 9     538748     88e8a159a7bd2e627bff35288bc4249aca085776 transfer             {"from":"svk","to":"openledger","amount":"1.000 STEEM","memo":"open.steem:bitsharesblocks"}
 10    541082     9a0304380ef1540960ea4c22a7d4ebd238dc1afa transfer             {"from":"thetopmod","to":"openledger","amount":"5.000 STEEM","memo":"open.steem:nextgencrypto1"}
 11    557680     982d5a374a479003ae3314315947de870c31b223 transfer             {"from":"afew","to":"openledger","amount":"1.000 STEEM","memo":"open.steem: abit"}
 12    571619     7939017e50c7209db23bf046e336d553894fe5f3 transfer             {"from":"openledger","to":"open-wallet","amount":"2.000 STEEM","memo":""}
 13    571630     d947026fe945fdf5b980b3a83c3b60fd4193e9fa transfer             {"from":"openledger","to":"open-wallet","amount":"2.000 STEEM","memo":""}
 14    573992     7cb2d49f67ff6a772175d3f67c7e9669517760bf transfer             {"from":"openledger","to":"open-wallet","amount":"2.000 STEEM","memo":""}
 15    574042     f7f3612872076ccee14bf91becc1482902244693 transfer_to_vesting  {"from":"openledger","to":"open-wallet","amount":"1.000 STEEM"}
 16    594547     c23667ad787691edecec6beb1d3ba86b66b28991 transfer             {"from":"steem-id","to":"openledger","amount":"1.000 STEEM","memo":"open.steem:steem-id"}
 17    601752     95d611b2406d42ab975d02fdf8f756f9a6324a23 transfer             {"from":"clayop","to":"openledger","amount":"2.000 STEEM","memo":"open.steem:clayop"}
 18    658909     4707fa163963a4c9864e3a182b8ba6d8f7f192e2 transfer             {"from":"jamie","to":"openledger","amount":"768.000 STEEM","memo":""}
 19    658927     be9126b529af7e3df686a357be793a343657810f transfer             {"from":"abdul","to":"openledger","amount":"703.000 STEEM","memo":""}
 20    658932     48faebe73978424de893b9c76db2ef9fdf7d6247 transfer             {"from":"adrian","to":"openledger","amount":"319.000 STEEM","memo":""}
 21    658959     a0f412bd62b837589255666f44ea8b6be62245f7 transfer             {"from":"open-wallet","to":"openledger","amount":"5.023 STEEM","memo":""}
 22    660738     76808f8a641b6ba48e9e8bed9eb4cd1a93dfdd3d transfer             {"from":"jamie","to":"openledger","amount":"16.000 STEEM","memo":""}
 23    660750     afe37d137ee0cd272d1d5596ab22a6061b9c313f transfer             {"from":"abdul","to":"openledger","amount":"84.000 STEEM","memo":""}
 24    661282     22d1963ff5cf9d33b62943c53c5b2530949ac073 transfer             {"from":"satoshi1","to":"openledger","amount":"295.000 STEEM","memo":"open.steem:hano0osh"}
 25    669635     6ef53f931697e58be5793c5ccccf741edf7038de transfer             {"from":"jamie","to":"openledger","amount":"42.000 STEEM","memo":""}
 26    669649     e017a623955d1769773e3de0e3dcd73b01cf1913 transfer             {"from":"abdul","to":"openledger","amount":"42.000 STEEM","memo":""}
 27    710358     bd665461c9b535ce606535b0f758c8dec0784114 transfer             {"from":"emf","to":"openledger","amount":"0.050 STEEM","memo":"open.steem:emf-testing"}
 28    710943     e64fcdcce1dab84105a7ec6592aebf9b33ed50c2 transfer             {"from":"openledger","to":"emf","amount":"0.050 STEEM","memo":""}
 29    725321     8b0ae764b4f674dfc34ea35ab35f2a66fa5da239 transfer             {"from":"dele-puppy","to":"openledger","amount":"0.500 STEEM","memo":"open.steem:dele-puppy"}
 30    732587     222a918a2992e0fd390ff227c7511904ec204c6d transfer             {"from":"emf","to":"openledger","amount":"0.050 STEEM","memo":"open.steem:emf-testing"}
 31    735926     7ac9a9cabb3fc85f6cdbac84c89682227aa3624c transfer             {"from":"remembering","to":"openledger","amount":"10.000 STEEM","memo":"open.steem:americansilver"}
 32    737829     d5bcfb58c61284c028b7899457601b87e10d0853 transfer             {"from":"openledger","to":"recursive","amount":"10.123 STEEM","memo":""}
 33    738165     07cb678b413cb22f6d2078cd360a20b55fb3af0c transfer             {"from":"remembering","to":"openledger","amount":"90.000 STEEM","memo":"open.steem:americansilver"}
 34    738259     cfb00a59edc20b8ba9f149d011a6dbc11b74eca0 transfer             {"from":"openledger","to":"steemit","amount":"5840.103 STEEM","memo":""}


[TaleRecursion]

TaleRecursion, send your OPEN.STEEM to account 'steemit' on BitShares and include your STEEM account name in the memo and I will transfer the STEEM to you. 

My understanding was that OL / Blocktrades would process withdraw requests manually for any that did come up.  I was very surprised to learn that Dan would be on vacation at this time.

OpenLedger has 6302 STEEM on deposit.

http://steemit.com/@openledger

Anyone looking to unwind their order on OPEN.STEEM / OPEN.BTC can send me your OPEN.STEEM from the account they executed the trade(s) on.  I can unwind any trades executed by steemit which totals 1.67 OPEN.BTC worth of trades.  These trades were executed with the desire to help people get into STEEM and help bootstrap the market / price discovery.

Thanks BM, I sent you back the OPEN.STEEM. It's the 987.877 OPEN.STEEM tx. Target Steem account is "recursive".

[TaleRecursion]

OpenLedger's STEEM gateway is now working.  The web wallet will be updated soon to re-enable the "withdraw" button, but for now you can do transfers manually: If your steem account name is "my-steem-acct", you can send some OPEN.STEEM to openledger-wallet with the memo "steem:my-steem-acct" and the STEEM should arrive in a few seconds.  You will need to have an existing steem account, right now I don't think there is any practical way of getting an account other than mining.
If you haven't done these transfers by hand before, it wouldn't hurt to send a small test amount first to make sure the memo is correct before sending large amounts.

Sent some STEEM to openledger-wallet with memo set to steem:myaccount.
It's been 5mn+ and I still haven't received anything on Steem side.

[emf]

For deposits, you send use your Steem wallet to send to the "openledger" account, with a memo of "open.steem:my-bts-account-name".  We wanted to use "openledger-wallet" but Steem doesn't allow account names that long.  The web wallet should be updated later today to add this info to the CCEDK tab.

If you're using the Steem cli wallet, the command would be something like:

Code: [Select]

transfer my-steem-acct openledger "1.000 STEEM" "open.steem:my-bts-acct" true
abit: if the transactions were sent before we enabled STEEM support yesterday, our scanner wasn't looking for them.  PM me the info and I'll check into it.

[ag]

you can send some OPEN.STEEM to openledger-wallet with the memo "steem:my-steem-acct" and the STEEM should arrive in a few seconds.

I think that is how to withdraw? How do you deposit? i can find on the ccdek gateway tab.

[abit]

OpenLedger's STEEM gateway is now working.  The web wallet will be updated soon to re-enable the "withdraw" button, but for now you can do transfers manually: If your steem account name is "my-steem-acct", you can send some OPEN.STEEM to openledger-wallet with the memo "steem:my-steem-acct" and the STEEM should arrive in a few seconds.  You will need to have an existing steem account, right now I don't think there is any practical way of getting an account other than mining.
If you haven't done these transfers by hand before, it wouldn't hurt to send a small test amount first to make sure the memo is correct before sending large amounts.

How about the STEEMs deposited to 'openledger' or 'open-wallet' already?

[emf]

OpenLedger's STEEM gateway is now working.  The web wallet will be updated soon to re-enable the "withdraw" button, but for now you can do transfers manually: If your steem account name is "my-steem-acct", you can send some OPEN.STEEM to openledger-wallet with the memo "steem:my-steem-acct" and the STEEM should arrive in a few seconds.  You will need to have an existing steem account, right now I don't think there is any practical way of getting an account other than mining.
If you haven't done these transfers by hand before, it wouldn't hurt to send a small test amount first to make sure the memo is correct before sending large amounts.

[dannotestein]

TaleRecursion, send your OPEN.STEEM to account 'steemit' on BitShares and include your STEEM account name in the memo and I will transfer the STEEM to you. 

My understanding was that OL / Blocktrades would process withdraw requests manually for any that did come up.  I was very surprised to learn that Dan would be on vacation at this time.

OpenLedger has 6302 STEEM on deposit.

http://steemit.com/@openledger

Anyone looking to unwind their order on OPEN.STEEM / OPEN.BTC can send me your OPEN.STEEM from the account they executed the trade(s) on.  I can unwind any trades executed by steemit which totals 1.67 OPEN.BTC worth of trades.  These trades were executed with the desire to help people get into STEEM and help bootstrap the market / price discovery.

To answer the original OP's complaint about the withdrawal being added and then removed, I apologize for that. it appears this resulted from another misunderstanding between CNX and I. To be clear, withdrawal has never been enabled for OPEN.STEEM since we didn't have the ability to automatically process it at that point. Unfortunately, the web wallet code that displays it in the gateway was added by a CNX employee without prior consultation with us, so I asked them to remove it as soon as I found out, since it wasn't yet functional. I don't think there was any "sneaky" intent in any of this, I think it was just a bit too much eagerness to start this market.

Finally, to the best of my knowledge, the gateway has been sufficiently tested this weekend on our development system, so I believe the deposit/withdrawal capability will be enabled today, although it will probably be need to used with a "manual" memo added until the next webwallet client is released sometime this week (probably very soon, but I'm away on vacation so it's difficult for me to say with certainty).

[bytemaster]

TaleRecursion, send your OPEN.STEEM to account 'steemit' on BitShares and include your STEEM account name in the memo and I will transfer the STEEM to you. 

My understanding was that OL / Blocktrades would process withdraw requests manually for any that did come up.  I was very surprised to learn that Dan would be on vacation at this time.

OpenLedger has 6302 STEEM on deposit.

http://steemit.com/@openledger

Anyone looking to unwind their order on OPEN.STEEM / OPEN.BTC can send me your OPEN.STEEM from the account they executed the trade(s) on.  I can unwind any trades executed by steemit which totals 1.67 OPEN.BTC worth of trades.  These trades were executed with the desire to help people get into STEEM and help bootstrap the market / price discovery.