Author Topic: How to hedge EUR on BitShares  (Read 1269 times)

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Offline Loweherz

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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