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Topic: Can i earn Bitcoin in the Etherdelta? (Read 684 times)

full member
Activity: 378
Merit: 101
CARTESI 📱 INFRASTRUCTURE FOR DAPPS
November 20, 2017, 12:34:03 PM
#41
No no, Bitcoin can be traded on exchanges like bitfinix, hitbtc, kraken etc. Etherdelta is an exchange for ERC-20 tokens where you can trade any token based on the Ethereum blockchain...
sr. member
Activity: 854
Merit: 252
November 19, 2017, 05:57:22 AM
#40
Hello everyone.I have already participate some airdrops and earn some coins.i want to know can i earn  bitcoin  in the etherdelta  from doing trading.Or are they ethereum after trading.  Huh

You cannot earn Bitcoin directly on Etherdelta, because most of the altcoin in this platform are the ico token were they used erc20 to give payment to their participants who partake to their Bounty campaign, together with the investors who invested in the ICO.
sr. member
Activity: 1078
Merit: 354
November 19, 2017, 03:59:42 AM
#39
Hello everyone.I have already participate some airdrops and earn some coins.i want to know can i earn  bitcoin  in the etherdelta  from doing trading.Or are they ethereum after trading.  Huh

Etherdelta is an Ethereum trading platform. A lot of airdrops are ERC20 (Eth), and often the first place to trade them is on Etherdelta. This is where you trade them for Ethereum. If you want to convert the Ethereum to Bitcoin, you then move the Ethereum off Etherdelta and onto another exchange (Bittrex, Poloniex etc) where you can trade it for Bitcoin. Alternatively run it through Shapeshift or Changelly if you use those.

If you're not familiar with it, Etherdelta can be a pain to use and is not the most intuitive trading platform.
Plenty of guides on the web though; these should help:
https://www.youtube.com/watch?v=kx-sCuQzODw
https://www.reddit.com/r/EtherDelta/comments/6hrmsl/how_to_deposit_withdraw_and_transfer/
member
Activity: 191
Merit: 10
November 19, 2017, 03:53:07 AM
#38
No you can not trade with token in etherdelta you have to exchange the token to the new ethereum you can trade in etherdelta
sr. member
Activity: 519
Merit: 250
November 19, 2017, 03:49:18 AM
#37
What is the different between ethirium platform and bit coin platform?  And some one please mention some tokens for that. We know ERC 20 tokens support to eitherdelta.Is there any thing like ERC 20 for BTC platform.

Sadly to say, right now there is no decentralise exchange for bitcoin. There is the reason why eth is so popular is due to the ability of having smart contract in its sytem. The etherdelta makes use of smart contract to create the exchange so it is decentralised.

Indeed, and in fact that makes Etherdelta popular because it's the only cryptocurrency exchange that is decentralized and all ERC20 smart contract tokens can be exchange into any coins as you like for investment or converting into Bitcoin to cash-out into your local ATM.
sr. member
Activity: 519
Merit: 250
November 19, 2017, 03:44:35 AM
#36
Etherdelta is decentralized crypto currency exchange and the only  way to earn Bitcoin is to sell your tokens into Bitcoin if you have tokens that is ERC20 supported otherwise you can't get Bitcoin or any coins from the exchange unless you have other coins.
legendary
Activity: 1386
Merit: 1016
November 19, 2017, 03:28:37 AM
#35
What is the different between ethirium platform and bit coin platform?  And some one please mention some tokens for that. We know ERC 20 tokens support to eitherdelta.Is there any thing like ERC 20 for BTC platform.

Sadly to say, right now there is no decentralise exchange for bitcoin. There is the reason why eth is so popular is due to the ability of having smart contract in its sytem. The etherdelta makes use of smart contract to create the exchange so it is decentralised.
member
Activity: 71
Merit: 10
November 19, 2017, 03:25:08 AM
#34
etherdelta is an exchange for ERC20 tokens in simple you can trade any token based on the ethereum blockchain. for bitcoin's there are other exchanges like hitbtc, bitfinix , kraken etc..hope this will help
full member
Activity: 266
Merit: 114
November 19, 2017, 03:20:51 AM
#33
You can only trade with ETH on Etherdelta, then you can use ETH to buy BTC on other exchanges like Bittrex, Poloniex, etc ... Etherdelta is the internal trading platform of Ethereum.
hero member
Activity: 788
Merit: 1000
November 19, 2017, 03:11:13 AM
#32
Using etherdelta is crazy , if someone hacks this, you lose your wallet and any tokens on it
sr. member
Activity: 798
Merit: 250
homt.net
November 19, 2017, 03:06:44 AM
#31
EtherDelta is trading platform for Ethereum ERC20 tokens not Bitcoin. You can exchange your tokens or coins to Ethereum in EtherDelta. If you want to earn Bitcoin you can go to any free faucet like https://freebitco.in  or do some work as a freelancer and get paid in Bitcoin. First of all you need is a free bitcoin wallet like https://luno.com to receive your bitcoin. Note that Bitcoin wallet is free to create online and offline. There are so many other things you can do to earn Bitcoin. Example you can join https://earn.com  and perform some free tasks and earn Bitcoin. Here in Bitcointalk forum some times you are paid in Bitcoin for performing some easy tasks. Also you can google out this phase "how to earn Bitcoin online" and you will see so many things you can do to  earn Bitcoin and earn a living. That's the beauty of the Blockchain Technology that has come to give mankind financial freedom. Man is no longer a slave to man.  You are welcome to this free world of financial freedom. Thanks and God bless you.
member
Activity: 93
Merit: 10
November 19, 2017, 02:43:32 AM
#30
The coins that the ED supports trading are all ERC20 tokens based on the smart contracts written by the ETH chain.
But BTC is not ERC20 token, it is more ancient, but also a public chain, but did not have the smart contract. Of course, mapping the entire BTC to the ETH chain is not a difficult task, and the problem is that no one supports it.
member
Activity: 322
Merit: 10
November 19, 2017, 02:26:13 AM
#29
Etherdelta doesn't function correctly! Very slow and hard to do transactions.
newbie
Activity: 56
Merit: 0
November 19, 2017, 02:21:48 AM
#28
Yes you can
hero member
Activity: 1064
Merit: 529
November 19, 2017, 02:17:28 AM
#27
Hello everyone.I have already participate some airdrops and earn some coins.i want to know can i earn  bitcoin  in the etherdelta  from doing trading.Or are they ethereum after trading.  Huh
Etherdelta only trades in ETH tokens and ETH, so it have BTC listed to directly trade. Easiest way to get bitcoin from there would be first earn whatever you can and convert it to ETH, transfer that ETH to any other exchange which has bitcoin.
sr. member
Activity: 924
Merit: 255
November 19, 2017, 02:11:15 AM
#26
Etherdelta is only specifically used for ethereum and many types of tokens, of course we can't get bitcoin or selling to bitcoin in it. You can get bitcoin after you send ethereum to another exchanger site like Bittrex or Poloniex and etc. To get bitcoin from ethereum or the others tokens I've also to doing that so far, first in etherdelta and then send it to another exchanger's site.
full member
Activity: 518
Merit: 106
November 19, 2017, 01:45:55 AM
#25
Hello everyone.I have already participate some airdrops and earn some coins.i want to know can i earn  bitcoin  in the etherdelta  from doing trading.Or are they ethereum after trading.  Huh
of course not. because there is no bitcoin volume there.
if you want to trade bitcoin, you have to redeem some ETH you have in other market to bitcoin form. after that you will be able to trade with happy.
try trading your hitbtc, binnex, poloniex and others.
good luck...
sr. member
Activity: 784
Merit: 282
November 19, 2017, 01:41:52 AM
#24
I believe Etherdelta's primary purpose is for trading ERC20 tokens which are on the Ethereum blockchain. There is no way to buy bitcoins directly but you may be able to earn Ethereum which you can then send and trade/convert to bitcoin at different exchanges.
full member
Activity: 257
Merit: 100
November 19, 2017, 01:31:19 AM
#23
Hello everyone.I have already participate some airdrops and earn some coins.i want to know can i earn  bitcoin  in the etherdelta  from doing trading.Or are they ethereum after trading.  Huh
I think you must first ethereum  then etherdelta.
member
Activity: 308
Merit: 10
LMISB
November 19, 2017, 12:51:03 AM
#22
What is the different between ethirium platform and bit coin platform?  And some one please mention some tokens for that. We know ERC 20 tokens support to eitherdelta.Is there any thing like ERC 20 for BTC platform.
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