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Topic: A basic guide to trade in the internal Ripple exchange - page 2. (Read 7616 times)

member
Activity: 79
Merit: 10
You don't need to trust anybody to see the order book – that information is public, and you just need to know the issuer address. You only need to trust them to receive the IOU's they issue, which is more or less a prerequisite to trading them. (This is important, because trusting two gateways without setting any other options amounts to agreeing to serve as a free liquidity provider, which may not be your intention.)

For reference, WeExchange's issuer address is rpvfJ4mR6QQAeogpXEKnuyGBx8mYCSnYZi. (And if you're interested in the fuzzy line between user and gateway, you can set the issuer to rpH3zuMch2GrrYX724xGWwbMGwiQ5RbSAU to see the order book for molecular's BTC IOU's. Be sure you understand what you're doing if you buy any.)
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
Log in to your Ripple account. To be able to see trades on the order book and trade in the Ripple exchange you have to trust one of the current gateways (weexchange.co or bitstamp.net; better try this second one first). You don't need to give them big amounts of trust, 1 USD or even 0.1 USD is enough. To trust them, click at the advance tab on the top (is the 4th) and then in trust. Add the address of bitstamp (rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B), set the amount of trust and add it. In a few seconds you receive the ok answer.
Then, click the trade tab and indicate the bitstamp address rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B as the issuer. Now you can see on the order book tab the current orders. Happy trading Smiley
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