When starting from scratch ... how to buy an asset on Horizon ... ? (version v05, updated December 9th, 2015)
How to buy an asset on HorizonPlatform.io (HZ)example: 8101260088962758269 = AAssetHZ,
a software development crowdfunding, sales profit sharing, dividends paying asset. .
This asset is traded on the distributed asset exchange "Horizon".
Steps 1-5 are general, and need to be done for any HZ asset;
actually for everything Horizon you must once do these initial 5 steps!Feel free to use this manual as instructions for your own purposes, but then
please
consider sharing some of your assets with me - thanks, and leave my link (altsheets.ddns.net/give) in there too.!(1)Download
your Horizon wallet --> "Wallet download", then unpack
hz-v5.4.zip;
run.bat will start syncing the blockchain
(1st blockchain syncing can take hours => faster
(but a bit complicated for newbies) is patching the bootstrap archive contents into %APPDATA%\Horizon ),The GUI is at
http://localhost:7776 (in your browser).
or
log into an online wallet (2nd best solution).
New: Step (2) & (3) now also as image '
cartoon instructions'
(2)Your 12-words-
passphrase is your private key, so treat it more careful than money. Do not show to anyone.
Write the 12 words on paper, and hide it well. One copy off-site. Never send them by unencrypted email, etc.
From that passphrase your
account id is generated, that looks like this: NHZ-Q675-SGBG-LQ43-D38L6
plus a
public key, which looks like this: e8702f3a45e52d544fc57442cbd5b5da0468dc3fed91c48d361417cdda513213
(3)From the FAUCET https://faucet.horizonplatform.io drip 2 HZ into your account, to have initial funding.These ^ steps (1)(2)(3) are summarized in the short and very
good video: 2 minutes "how to setup a new horizon account".
"Most computer errors are caused between the keyboard and the screen" :-) --> Now is a good moment to now make sure that
you human work together well with your "NHZ-..." address
!
Log out (top right) --> login, compare, logout, login, compare - always the same, correct NHZ-... address?
If not, you have probably had a typo in your passphrase? Do
not continue, until you have sorted this out.
When sure that you reliably log back into the same account, continue:
(4)Make your new address known, by putting your NHZ-... address and public key ... into
hzannounce.com.
Congrats - Your public key is on the blockchain! The message "Welcome to your new ... public key ... " disappears from your dashboard.
And you'll will find 2 HZ in your account ... optional: ... which you can now spend to set a name & description, or
buy an alias (see this 39 seconds video) for your account id.
(5) Now buy
HZ coins at
bittrex or
poloniex.
(If you do not own any cryptos yet,
you can first use paypal --> DOGE --> BTC --> HZ).
Then you send the HZ coins to your wallet, using your new NHZ-... address.
(withdraw from
https://bittrex.com/Balance or
https://poloniex.com/balances):
(5a) First send a small amount, wait, check if arrived. Might need email confirmation!
(If you run into unsolvable problems there, send them a support request ticket.)
(5b) Only when (5a) went fine, and you see the HZ coins in your wallet ... send a larger amount.
Steps 6-8 show you how to buy asset shares
with your freshly purchased HZ coinsNOW you are ready to buy my (or any) asset:(6) Inside your HZ wallet,
--> go to "ASSET EXCHANGE",
--> -->and press "ADD ASSET" (top right)
--> --> --> assetId: 8101260088962758269
(7)Study the asset information at the top.
Then look at the "Buy AAssetHZ with HZ" left table
--> click: on a 'Sell orders price', or 'Buy AAssetHZ with HZ' (green +)
--> -->choose 'Quantity', choose 'Price'
(*)--> --> --> click on Buy (HZ --> AAssetHZ)
(*) If you choose a 'Price' below the cheapest sell order, your buy order is not filled, but placed in the 'Buy orders' table on the right.( 8 ) Wait for the blockchain to move forward, recording your buy order transaction.
To see what is happening, you can check these places
* AssetExchange --> AAssetHZ --> Trade History --> You
* Dashboard --> My Transactions
* Dashboard --> Last Updated Block --> More Info
* Asset Exchange --> My assets
... then ... buy more ;-)
These are screenshots of the old HZv3 wallet version.
The new wallet HZv5 looks a bit different, but provides the same functions - and more.
--> assetId:
8101260088962758269 (more info
here)
useful manual? Then tip me:
http://altsheets.ddns.net/give HZ: NHZ-Q675-SGBG-LQ43-D38L6
NXT: NXT-CMKU-ZQYK-V6CD-9UHF4
BTC: 1Ek9McNmXwQgDnkzE9J6pjCPWEiihhL83n
thanks.