Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
dzimbeck
on 28/05/2020, 02:17:26 UTC
The BitBay Advanced Web Wallet has now been updated to be compatible with the Dynamic Peg protocol.

You can now send, receive and store your BitBay (both BAYL and BAYR) at https://wallet.bitbay.market

BAYL and BAYR can also be traded on the LATOKEN exchange here:

https://latoken.com/exchange/BAY-BTC
and
https://latoken.com/exchange/BAYR-BTC

Thanks,
Shorn.

Hi guys

What happens when I send Bitbay from desktop wallet to Latoken account.
1.  On which type of address will I receive it? Reserve or Liquid?
How to make sure receiving on Liquid address?

2. If received on Reserve address, can I send it to Liquid address on Latoken exchange itself?

Latoken might have different deposit addresses even though liquid/reserve coins are simply determined by peg index and could in theory be the same.
And no, it's not possible to convert reserve to liquid in that way. That's why the peg works. The only time reserve becomes liquid or liquid becomes reserve is by a change in the supply of the system.