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how_to_use_the_trade_portal
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| how_to_use_the_trade_portal [11/16/2022 11:40] – gfactor | how_to_use_the_trade_portal [04/19/2023 00:06] – [Trading QORT For Other Coins] gfactor | ||
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| 2. Next, you’ll need to go to a third party exchange like Coinbase https:// | 2. Next, you’ll need to go to a third party exchange like Coinbase https:// | ||
| - | 3. Once you’ve purchased your LTC, find the feature to SEND/ | + | 3. Once you’ve purchased your LTC, find the feature to SEND/ |
| Below are 4 screenshots of wallets for QORT, BTC, LTC, and ARRR to show you how the address for each wallet you select is different: | Below are 4 screenshots of wallets for QORT, BTC, LTC, and ARRR to show you how the address for each wallet you select is different: | ||
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| **Step 2: Trade your coin for QORT** | **Step 2: Trade your coin for QORT** | ||
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| 1. We will use ARRR in this example, same process applies for all. Once your ARRR shows up in your Qortal ARRR wallet, you’re ready to trade it for some QORT. For a full explanation of what actually takes place during a trade, see [[Trade Portal Overview]] and [[How The Trade Portal Works]]. | 1. We will use ARRR in this example, same process applies for all. Once your ARRR shows up in your Qortal ARRR wallet, you’re ready to trade it for some QORT. For a full explanation of what actually takes place during a trade, see [[Trade Portal Overview]] and [[How The Trade Portal Works]]. | ||
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| 2. Click on TRADE PORTAL in the menu at left. At the top you’ll see a drop down option to SELECT YOUR COIN. Choose ARRR. | 2. Click on TRADE PORTAL in the menu at left. At the top you’ll see a drop down option to SELECT YOUR COIN. Choose ARRR. | ||
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| 3. Now look in the box of OPEN MARKET SELL ORDERS. Here you’ll see the current sell orders listed by other QORT holders. **Please note:** there are no sell walls; you can purchase any listing in any order. Pay attention to the cost per QORT as these listings are totally up to the seller to set, and for you as the buyer to select. The second column, which shows the price being asked by the seller, can be configured to show the offerings with their prices listed from low to high, or from high to low. | 3. Now look in the box of OPEN MARKET SELL ORDERS. Here you’ll see the current sell orders listed by other QORT holders. **Please note:** there are no sell walls; you can purchase any listing in any order. Pay attention to the cost per QORT as these listings are totally up to the seller to set, and for you as the buyer to select. The second column, which shows the price being asked by the seller, can be configured to show the offerings with their prices listed from low to high, or from high to low. | ||
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| 4. Now you wait a bit, while the process completes. Meanwhile you’ll see your order listed in MY ORDERS (lower left), with the status of BUYING. | 4. Now you wait a bit, while the process completes. Meanwhile you’ll see your order listed in MY ORDERS (lower left), with the status of BUYING. | ||
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| - | FYI: Pages don’t refresh automatically to show updated status. Click away then come back in a few minutes, and you should see your completed trade listed in MY TRADE HISTORY, with the status of BOUGHT. If the history is blank, there can be delays in data propagating so do not fear, this trade history stops displaying in the UI after 24 hours (until further development allows for greater lengths of time). FYI: the wallet has a history of transactions that does NOT stop displaying after 24 hours - so you could refer to that as well to view all your buys and sells. | + | FYI: Pages don’t refresh automatically to show updated status. Click away then come back in a few minutes, and you should see your completed trade listed in MY TRADE HISTORY, with the status of BOUGHT. If the history is blank, there can be delays in data propagating so do not fear. It can take up to 10 minutes after a trade has been completed for it to display. This trade history |
| Congrats! You now own some QORT! Otherwise, the order may be refunded due to someone else making the purchase before you did, or the seller’s node failed to stay online. Remember, this is blockchain technology and truly decentralized peer to peer, so these refunds can happen as it takes time for each block to process the transactions. This is the nature of the system, and will be further improved with time! | Congrats! You now own some QORT! Otherwise, the order may be refunded due to someone else making the purchase before you did, or the seller’s node failed to stay online. Remember, this is blockchain technology and truly decentralized peer to peer, so these refunds can happen as it takes time for each block to process the transactions. This is the nature of the system, and will be further improved with time! | ||
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| - | 6. Once the sell order has been successfully listed, the status will show as ' | + | 6. Once the sell order has been successfully listed, the status will show as ' |
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| - | ===== Base Trades With QORT ===== | ||
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| - | Under construction. | ||
how_to_use_the_trade_portal.txt · Last modified: 04/22/2023 16:12 by gfactor