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the_trade_portal_-_info [03/12/2021 04:26] – gfactorthe_trade_portal_-_info [08/25/2021 20:01] – [Functionality] gfactor
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 ====== The Trade Portal Overview ====== ====== The Trade Portal Overview ======
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 +{{ :qortal_trading_portal_infographic_2020_english.jpg?direct&600 |}}
  
 The Trade Portal, was initially the main service for the Qortal blockchain is a COMPLETELY DECENTRALIZED peer-to-peer (p2p) trade platform, built inside the Qortal User Interface.  The Trade Portal, was initially the main service for the Qortal blockchain is a COMPLETELY DECENTRALIZED peer-to-peer (p2p) trade platform, built inside the Qortal User Interface. 
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 The Portal is a system that makes use of the ACCT system by the CIYAM developers (http://ciyam.org) with which to make completely cross-chain coin/token trades. The Portal is a system that makes use of the ACCT system by the CIYAM developers (http://ciyam.org) with which to make completely cross-chain coin/token trades.
  
-Initially, support for only BTC was implemented but found to be too expensive and slow to continue at this time. LTC was then implemented and has replaced BTC. In other words, BTC trade have been discontinued while the BTC wallet feature remains. There are currently LTC/QORT markets only. Native BTC and LTC support in Qortal allows users to store BTC and LTC in their Qortal UI wallet, just as they would in a BTC local wallet. Without the need for installation of a BTC or LTC wallet itself.+Initially, support for only BTC was implemented but found to be too expensive and slow to continue at this time. LTC was then implemented and has replaced BTC. In other words, BTC trade have been discontinued while the BTC wallet feature remains. There are currently LTC/DOGE/QORT markets only. Native BTC and LTC support in Qortal allows users to store BTC and LTC in their Qortal UI wallet, just as they would in a BTC local wallet. Without the need for installation of a BTC or LTC wallet itself.
  
-The system allows for completely cross-chain trades between LTC and QORT! Users NEVER RELINQUISH CONTROL OF THEIR COINS/TOKENS. Never have to 'deposit' assets in order to make trades. This allows for COMPLETE SECURITY. Never again, will there be worry about centralized exchanges failing, and taking with that failure, users' assets.+The system allows for completely cross-chain trades between LTC, DOGE and QORT! Users NEVER RELINQUISH CONTROL OF THEIR COINS/TOKENS. Never have to 'deposit' assets in order to make trades. This allows for COMPLETE SECURITY. Never again, will there be worry about centralized exchanges failing, and taking with that failure, users' assets.
  
 As time goes on, and development progresses, support for other coins/tokens will be implemented into the system. Votes in the system will be the primary factor as far as which new coins/tokens will be added, however, a vote is not a guarantee of listing, there will also be an independent verification done on the project pre-listing, to ensure only the most quality projects are listed in the Trade Portal. As time goes on, and development progresses, support for other coins/tokens will be implemented into the system. Votes in the system will be the primary factor as far as which new coins/tokens will be added, however, a vote is not a guarantee of listing, there will also be an independent verification done on the project pre-listing, to ensure only the most quality projects are listed in the Trade Portal.
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 All that is necessary for the user, is leaving their core running.  All that is necessary for the user, is leaving their core running. 
  
-**Important note:** If you wipe your database then you will lose access to any funds tied up in trades (QORT or LTC). For pretty much the same reason as if you wiped your Litecoin wallet DB. +**Important note:** If you wipe your database then you will lose access to any funds tied up in trades (QORT, DOGE or LTC). For pretty much the same reason as if you wiped your Litecoin wallet DB.
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-Below is an infographic with the steps of the Trade Portal easily understandable cross-chain trade explanation. +
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-{{ :qortal_trading_portal_infographic_2020_english.jpg?direct&600 |}}+

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