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Latest Nxt 1.11.13 - NEW RELEASE: Ardor 2.0.14 - The Ardor genesis block happened at 0:00 January 1st

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Author Topic: ArdorExchange....BTC ARDR IGNIS NXT....direct exchange (DEX)  (Read 768 times)

SwissAlps

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Hi guys !

I believe that one way to increase the value of our Ardor project is to make
life very easy for those that want to make a tour and have a first look.

They can then make their mind about all the features, test them and may
be adopt it !

It is now trivial for a newcomer to get some BTC. I have implemented a very small
exchange
https://nxttracker.com/ArdorExchange.html that helps them
getting their first ARDR, IGNIS or NXT :

Here are the options that will be available :
  • BTC to ARDR
  • BTC to NXT
  • ARDR to BTC
  • ARDR to NXT
  • NXT to ARDR
  • IGNIS to ARDR (to use when the asset exchange is not available because you have 0 ARDR !)

I am now ready to make the first live tests with BTC to ARDR and it would be very helpful
if some of you help me with this, try and comment   ;D ;D ;D !  Thanks !
« Last Edit: March 22, 2018, 04:48:12 pm by SwissAlps »
ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html

chesslover

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Hi guys !

I believe that one way to increase the value of our Ardor project is to make
life very easy for those that want to make a tour and have a first look.

They can then make their mind about all the features, test them and may
be adopt it !

It is now trivial for a newcomer to get some BTC. I have implemented a very small
exchange
https://nxttracker.com/ArdorExchange.html that helps them
getting their first ARDR, IGNIS or NXT :

Here are the options that will be available :
  • BTC to ARDR
  • BTC to NXT
  • ARDR to BTC
  • ARDR to NXT
  • NXT to ARDR
  • IGNIS to ARDR (to use when the asset exchange is not available because you have 0 ARDR !)

I am now ready to make the first live tests with BTC to ARDR and it would be very helpful
if some of you help me with this, try and comment   ;D ;D ;D !  Thanks !

Very good direction towards a DEx, but for newcomers to get ARDR / IGNIS it overlaps with Ardor.World where they could get testnet coins several times more than 100 ARDR without spending real BTC.

So might be best to just do this in testnet first and just focus on developing towards a DEx.
The Chess Machine: José Raúl Capablanca

SwissAlps

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Hi guys !

I believe that one way to increase the value of our Ardor project is to make
life very easy for those that want to make a tour and have a first look.

They can then make their mind about all the features, test them and may
be adopt it !

It is now trivial for a newcomer to get some BTC. I have implemented a very small
exchange
https://nxttracker.com/ArdorExchange.html that helps them
getting their first ARDR, IGNIS or NXT :

Here are the options that will be available :
  • BTC to ARDR
  • BTC to NXT
  • ARDR to BTC
  • ARDR to NXT
  • NXT to ARDR
  • IGNIS to ARDR (to use when the asset exchange is not available because you have 0 ARDR !)

I am now ready to make the first live tests with BTC to ARDR and it would be very helpful
if some of you help me with this, try and comment   ;D ;D ;D !  Thanks !

Very good direction towards a DEx, but for newcomers to get ARDR / IGNIS it overlaps with Ardor.World where they could get testnet coins several times more than 100 ARDR without spending real BTC.

So might be best to just do this in testnet first and just focus on developing towards a DEx.

Hi chesslover, I too like a good chess game from time to time... :)

Concerning test coins, your are perfectly right that they can get them easily...

Now, if they decide to get a real small ARDR or NXT position, they have to go on something like Coinbase; for IGNIS, it's even harder. You have to make the "KYC" know your customer thing, send a nice photo of yourself, and so on....  after that, you are not even sure that they will not sell a copy of the copy of your precious passport to further entities; these days we hear a lot about Cambridge Analytica ?

The  ArdorExchange that I present here is already the "real DEx" stuff. And it is 100 percent anonymous : each exchange transaction uses one new BTC input account and one new ARDOR output account; the link between these two account is not stored "long term" and there exists no simple way to connect these two together afterwards (unless if NSA is alread monitoring your computer  ???) .

Only it still is in Beta Test now, making a few real life test, etc..., therefore the 100 NXT/ARDR limit.... but I'm confident this will soon change  ;D

As for now, I'm trying my best to automate this...it should be attainable...

THANKS FOR YOUR COMMENTS
ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html

chesslover

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Hi chesslover, I too like a good chess game from time to time... :)

Hi SwissAlps :) Yeah surely, I'm mostly playing at playchess.com, where are you playing?

Now, if they decide to get a real small ARDR or NXT position, they have to go on something like Coinbase; for IGNIS, it's even harder. You have to make the "KYC" know your customer thing, send a nice photo of yourself, and so on....  after that, you are not even sure that they will not sell a copy of the copy of your precious passport to further entities; these days we hear a lot about Cambridge Analytica ?

Are you saying it is a bad idea to trade at exchanges??? ??? Ardorgate??? ???

THANKS FOR YOUR COMMENTS

YOU'RE WELCOME
The Chess Machine: José Raúl Capablanca

SwissAlps

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Quote
Hi SwissAlps :) Yeah surely, I'm mostly playing at playchess.com, where are you playing?
Actually not a good player, but I like the game and play with a friend, and a nice glass of Laphroaig or Glenlivet single malt with it  ;D

Quote
Are you saying it is a bad idea to trade at exchanges??? ??? Ardorgate??? ???

I have not tried to use Ardorgate, but this a very important feature because as long as people are using both cryptocurrencies
and fiat currencies, they need an easy way to convert.

The most useful in this domain is to have a trustworthy AEUR, if I understand correctly that One AEUR = 1 Euro, here is why :
  • Store owners interested by cryptos just have to say they accept AEUR; they don't have to quote their products in BTC or other crypto
  • They just need an Euro fiat account at MisterTango Bank, and can then send easily part of their earnings  (with some fees, but Visa, Master, have them also  ;))
  • It makes emitting AEUR vouchers and AEUR gift cards fairly straightforward

It would be nice to have a list of stores, by countries, that accept AEUR...

ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html

SwissAlps

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Hi guys,

A few words about the current tests of the ArdorExchange...

The PhaseTestOne is done and seems ok.

We start now PhaseTestTwo. You can now do the following :
  • change your BTC to get ARDR
  • change your BTC to get NXT
  • change your NXT to get ARDR
  • change your ARDR to get NXT

The amount is now variable, the minimum amount stays a 100 NXT / 100 ARDR but the maximum amount is now 2'000 ARDR.

For the moment, this is quite fun... ;D ;D ;D   (still working to automate the stuff.... ::))
ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html

SwissAlps

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Hi guys, I am back from holidays...

The ArdorExchange is now working nearly without "bugs", or so it seams !!!!  :)

I am now in the process of fully automate some stuff, and making a few live tests on the "BTC to ARDR" pair.

During the next few days, I will make a few offers for people wanting to change some BTC to ARDR : normally
for 100 ARDR you have to pay 0.00413 BTC. Instead, it will be 0.003 BTC, a very good rate  ;)

I will publish here a single use password here when I need someone to make an exchange transaction. This password can be
used only once, so first come, first served...wish you good luck with this  ;D ;D ;D
ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html

SwissAlps

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Hi guys,

After a few bugs, progress is going nicely for my small ArdorExchange.

I am still not able to fully automate the payments, but on the right path to achieve this  ;D ;D ;D

Today, I am doing some tests on the NXT to ARDR pair....you change some NXT to get some ARDR, and
as said before, I have reserved a few priority transactions for the forum users :
  • 5 special transactions reserved for forum users, first come, first served
  • password ABCXYZ
  • valid until today at 12:00 GMT
  • the special conditions: you get 100 ARDR for 100 NXT (instead of having to pay 194 NXT at current rate)
Tell me here if you find problems, bugs, or if you have questions... :)
ArdorExchange...a small DEX for NXT ARDOR IGNIS BTC :
www.NxtTracker.com/ArdorExchange.html
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