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RE: The iron is HOT for BitShares. A look into BitUSD

in #bitshares6 years ago

Phew..many comments, hope u c my question. If i trade in USD on Openledger (i.c. sold Open.BTC for USD), am i buying bitUSD? Will not bother u more except for saying this was a super great post, thanks.

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Openledger is an interface to BitShares just like Steemit.com and busy.org are interfaces to Steem. If you click the asset name in the exchange page on Openledger you can see its details to be sure of exactly what it is, who created it, and how it works before you buy it.

Thanks, the thing is that they trade in BTS, Open.BTC and USD as a base, it is not clear to me whether that is bitUSD or not...

If you are inside Openledger wallet and choose from the right window of assets groups OPEN.BTC you have the list with all BTC assets of Openledger down the line.
On the right next there is a search field where you can use "USD" as a search word.
You get two assets down the list one is USD and the other is Open.USD .
USD is BitUSD . Thats what you are looking for.
I had the same problem also.
I think i helped you with this.

I see what you mean, their interface is much less clear than it should be. What they display as simply the 'USD' base actually appears to be bitUSD. I've submitted a GitHub issue on their repository to correct this ambiguity.

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