Moving your SBD or STEEM to Bitshares DEX as well as trading in the...

This tutorial is part of my project for the new users that I will manage to invite in the Bitshares Network.

In this tutorial I will teach you how to send your SBD and STEEM in your Bitshares wallet using openledger. I will also include trading your assets in the Bitshares DEX.

Before we start I would like to thanks all my supporters specially @johnsmith, @vortac, @steempower, @oldtimer, @fminer05, and special thanks to @tt-dogg and @bitshares76. THANK YOU SO MUCH! This will help me improve more and continue my journey in helping my fellow Filipinos.

Steemit platform is a community where posts that attracts people gets rewarded. We tag our posts based on its topic. If your post is informative or entertaining people will surely give you upvotes depends on how you deliver your post. Now, after getting that hard earned SBD and STEEM what is your next step?

I find it more Steemit users use Blocktrades or transfer their SBD and STEEM in POLONIEX. Today I'll show you how to use transfer your SBD and STEEM in Bitshares DEX and as well how to trade your assets in the Bitshares DEX.

You need own a Bitshares wallet in order to follow this tutorial. If you haven't created one I suggest following this tutorial. @docmastery/creating-your-own-bitshares-wallet-account

Once you are all setup let us proceed.

Bitshares is wallet is one of the best wallet out there. You can send different types of assets, trade and even create your own assets.

Transferring your STEEM or SBD in Bitshares DEX

Moving your SBD or STEEM in your Bitshares wallet is quite easy.

First open you bitshares wallet either you are using your Browser or Bitshares client. In the top selection choose DEPOSIT/WITHDRAW.
From there choose .

On the transfer service dropdown list. Select Openledger (OPEN.X). OPEN means Openledger for short and X represents any crypto that is available in Openledger.
Under the Gateway panel select which crypto are you going to deposit. If it's STEEM select STEEM. If it's SBD select SBD. Once did a mistake transferring my SBD in my STEEM address in Openledger. I had to contact openledger support to report my issue and took me a week to retrieve my SBD.
Copy the address and memo and paste it in your STEEMIT transfer form under your wallet.
Note: you have to click the copy memo button in order to copy your memo.

Sending your STEEM or SBD in your Bitshares wallet using openledger.
Once you have set the name and memo where you will send it. Enter the amount that you want to send and the hit Submit. Make sure to triple check before sending to make sure everything is correct. In this example I will transfer my SBD using openledger.

Steemit will ask for your username and masterkey. Enter your username and masterkey then click Sign in to proceed.

If everything is correct you'll see it in your Bitshares wallet activity about the transferring of your SBD or STEEM to your Bitshares account.

This completes our topic Transferring your STEEM or SBD in Bitshares DEX.

Trading your assets in the Bitshares Decentralize Exchange

Bitshares wallet isn't just for storing your valuable assets you can also trade your assets using bitshares decentralize exchange order booking.

In this chapter we will exchange our SBD or STEEM for Bitshares.

Under the window selection at the top of your Bitshares wallet. Click EXCHANGE.

Once you are in the EXCHANGE window, in the right side there is a panel named MY MARKETS. Under that panel enter SBD or STEEM in the filter text box. In that panel click the BTS then in it's list click open.SBD or STEEM.

Note: Look closely at the upper left side where there's an arrow like open.SBD → BTS. That means you are converting your open.SBD to BTS and if the BTS is pointing to open.SBD that means you are converting your BTS to open.SBD. This might give you more information when looking at the charts. For ex. 1 SBD = 12 BTS the charts will show you from starting at 12. If 12 BTS = 1SBD then the charts will show you starting from 0.0833.

_{This chart shows open.SBD to BTS}

_{This chart shows BTS to open.SBD}

We will go in-depth information about what you are seeing in your trading pair open.SBD to BTS

The buy panel - this is where you buy the the asset you want in exchange for how many of your exchanging asset.
For example: You want to buy 1 open.BSD for your 12 Bitshares.
The sell panel - this is where you put your asset on sale in exchange for the asset you want.
For example: You want to sell your 1 open.BSD for 12 Bitshares.
The Buy Orders List panel - This panel shows the list of buyers from highest bidding to the lowest bidding.
The Sell Orders List panel - This panel shows the list of sellers from the lowest bid to the highest bid.
The Market Trades panel - This panel shows the history of the trades that happened from the latest to the last ascending order.

Selling our open.SBD for Bitshares. Remember sell order list panel clicking at the lowest bid will automatically set your selling price to the lowest bid. If you want to sell higher than that you have to change your selling price higher than that. in the quantity field enter the amount of open.SBD you want to sell. It will automatically show how many BTS you'll gain in the total field. The feeis actually the fee for the transaction process.
For this example I've set the selling price to the lowest bid for 1 open.SBD.

Once you have sell book your open.BSD all you have to do is for someone to buy your open.SBD for that price. You sell book will also be listed in the MY OPEN ORDERS panel.

Note: Look closely at the upper left side where there's an arrow like open.SBD → BTS. That means you are converting your open.SBD to BTS and if the BTS is pointing to open.SBD that means you are converting your BTS to open.SBD. This might give you more information when looking at the charts. For ex. 1 SBD = 12 BTS the charts will show you from starting at 12. If 12 BTS = 1SBD then the charts will show you starting from 0.0833.

Remember this because the buy and sell will change depending on where the arrow is pointing. So for open.SBD to BTS means we are buying open.SBD using our BTS. The mechanics is the same as the SELL instructions earlier only this time we are buying open.BSD for the higest bid to lowest.

That sums it up to our trading lesson. Next will be boosting our post in STEEMIT using our Bitshares Assets.

_{That's me trading on Bitshares DEX}

I'm Nem Dayao,
Your Bitshares Enthusiast.

"I am currently accepting donations for my project to spread information about Bitshares Network and it's market assets. If you want to help me considering donating some in my Bitshares wallet: doc-mac18
Thank you!"

Moving your SBD or STEEM to Bitshares DEX as well as trading in the Bitshares DEX

This tutorial is part of my project for the new users that I will manage to invite in the Bitshares Network.

Transferring your STEEM or SBD in Bitshares DEX

Trading your assets in the Bitshares Decentralize Exchange