Does the Dynamic Peg make BitBay a “stablecoin”?
Find the answer here:
https://forum.bitbay.market/t/does-the-dynamic-peg-make-bitbay-a-stablecoin/2176
See the Dynamic Peg action live now at https://exchange.latoken.com/exchange/BAY-BTC
These tips are great thanks.
2 questions
I just want to make sure of
1/ if I buy from the Bay Reserve on latoken
Can I withdraw to my standard Bay receive address and the exchange will release. My local wallet will auto recognise and assign these to my reserve bay holdings?
2. Is there a very detailed guide on sending my local liquid to local frozen?
For dzimbeck - yes I agree with that.
Thank you
1. Qt wallet will receive it immediately but it does not sum up to reserve. It will become frozen for 1 month so you can not spend it (though you can stake it), when 1 month will pass it may sum up with reserve and liquid depend on peg level after one month (for example if peg will be zero after one month, then all coins will become liquid of course)
2. In Qt wallet you just choose "transfer type" when send
Thanks for the help.
I would apply a merit for you but i don't have any merit yet to send you.
As I notice each bitbay thread poster should send merits to bitbay members if their post is good and worthy of merit.
The reason is that bitbay thread can not go on page 1 unless posters here have earned merit in the last 90 days
Keeping bitbay thread on page 1 is very advantageous and sensible.