TUTORIAL -Trading iBitHub (IBI) on Decentralized Exchange
What is a Decentralized Exchange?
A decentralized exchange is an exchange where you control your private keys, so you are actually in possession of your cryptocurrency.
What are Private Keys?
This is one of the first things you will need to learn when you are considering on getting into cryptocurrency. Your private keys consist of two codes that have numbers and letters in them. These are case sensitive.
Public Key-
a cryptographic key that can be obtained and used by anyone to encrypt messages intended for a particular recipient, such that the encrypted messages can be deciphered only by using a second key that is known only to the recipient (the private key ).
You give this key to anyone that wants to send you that certain cryptocurrency.
Private Key-
a cryptographic key that can be obtained and used by anyone to encrypt messages intended for a particular recipient, such that the encrypted messages can be deciphered only by using a second key that is known only to the recipient (the private key ).
This key is like your signature and your password to your account. This key is very important, and cannot be obtained by anyone that you do not want access to your account.
Creating a New Wallet-
https://portal.stellarport.io/new-wallet/choose-public-key-method
Generate your keys.
Click this several times, cycling thru many public keys.
After you have clicked the eye, and copied your public and private keys, and pasted them in a safe place. Toggle the button that you have secured your keys, and click next.
Congragulations!
You have just made a Stellar Lumens (XLM) wallet, which supports all of it's tokens, including iBitHub (IBI) tokens. Your wallet will not be active until you send XLM to your new Public Key.
You can easily purchase Stellar Lumens (XLM) at many exchanges and withdraw those XLM to your Public Key.
Once you have an active wallet
Head over to the exchange and start trading XLM and IBI.
https://portal.stellarport.io/exchange/alphanum4/IBI/GAOUDHASO6M2EIXNVJYQV5754YXCTJ4PWOQSOEDLCJLYBSWJ6N7WRFH4/native/XLM/Stellar
What is iBitHub (IBI)?
iBitHub is a new emerging utility token, that will be selling products for cryptocurrency. There was no ICO, because there is a different kind of distribution built for this token. iBitHub (IBI) tokens will be distributed evenly thru-out the community, where the only iBitHub (IBI) tokens circulating will be coming from the member's withdrawals.
iBitHub is young company located in Wyoming, USA, and is looking for help to become GREAT. Interested?
[email protected]
Wyoming has just passed laws that will make iBitHub even stronger!
https://cointelegraph.com/news/us-wyoming-set-precedent-by-creating-new-asset-class-for-cryptos-hopes-to-inspire-feds
Other ways to Help
We would love to be listed on coinmarketcap.com, and need $100k+ in volume per day to be listed. This will only be possible when we have a community that can push our volume up, which is just trading iBitHub (IBI) tokens. If you can help push our volume up, so it can be listed on coinmarketcap, would be some huge help for our young company.
I would like to thank you for everything. Please leave your thoughts in the comments and upvote this for me, as that will help this message be seen. Have a great day with wonderful moments!