Post
Topic
Board Announcements (Altcoins)
Merits 4 from 1 user
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
yshurik
on 29/02/2020, 19:31:15 UTC
⭐ Merited by suchmoon (4)
Dynamic Peg FAQ OF THE DAY
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  Cool


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