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LTBCOIN now trading on Melotic.com exchange

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• jamminltbc

  

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  Dude. I don't even know how to trade in these crazy sites. Why don't one of you cool dudes post a link explaining all of this stuff to a newbie? Please

  Posted on July 23, 2014 at 5:08 PM
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• JayeK

  

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  Location: Canada

  Quite a bit more activity last few days.

  Posted on July 24, 2014 at 1:49 PM
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• jshow5555

  

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  They should not be so concerned with their user security – ‘Mandatory 2 point authentication’.

  And should put some effort on securing some real trade volumes. Volumes there are pathetic.

  But hey, it is not my exchange.

  2c.

  Posted on July 24, 2014 at 8:12 PM
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• William

  

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  @jamminltbc Dude. I don't even know how to trade in these crazy sites. Why don't one of you cool dudes post a link explaining all of this stuff to a newbie? Please

  Are you talking about the DEX? Well, you'll be happy to know that there has just been a major update, and the interface now works a lot like cryptsy/mintpal. Check it out.

  Posted on July 25, 2014 at 4:35 AM
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• shopnhowler

  

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  @jamminltbc Dude. I don't even know how to trade in these crazy sites. Why don't one of you cool dudes post a link explaining all of this stuff to a newbie? Please

  Sure, I just bought some LTBcoin off melotic.com. Roughly, after verifying your email address with them:

  • Set up Google Authenticator from your android or ios device.
  • Click 'deposit' button next to the BTC cryptocurrency of your choice
  • Send BTC cryptocurrency to the address that comes. (I recommend reading through the end before sending BTC. The 'Sell Orders' chart will show you how many you should send).
  • ...Wait for 3 confirmations...
  • Choose "LTBC/BTC" under the "Markets" drop down menu at the top

  Then there's a 'Sell Orders' list to choose from. Here's how to read the order charts: Price (BTC): amount of BTC for 1 LTBcoin. (Currently lowest sell order shows 0.00000400 BTC for 1 LTBcoin. Amount (LTBC): How many are being sold. Total (BTC): How many you can buy at the price. Total (BTC) = 'Price' * 'Amount'

  To the right of the 'Sell Orders' chart is the 'Buy LTBC' box. Just click on the sell order listing you want and Melotic.com will show the total BTC cost of the transaction. Melotic.com's Cost = Total (BTC) + 0.1% of 'Total (BTC)' transaction fee. This is how much I would deposit.

  • Click on the sell listing. Current lowest listing is 0.00000400 BTC/LTBC * 2,500 LTBC = 0.1 BTC + 0.0001 BTC = 0.1001 BTC.
  • Click 'Buy LTBC' to complete transaction.

  Send LTBcoin to your counterwallet by:

  • Going to melotic.com/balances
  • Clicking 'Withdraw' and sending to your LTBcoin Counterwallet address.

  *edit: for withdrawing and signing into melotic.com, you'll need to use google's 2-factor authentication.

  Posted on July 26, 2014 at 11:48 PM
  Last Edited: July 26, 2014 at 11:50 PM
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• Trojantouch

  

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  Would if be better to use this site or the exvchange on counterwallet?

  Posted on July 27, 2014 at 9:56 PM
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• CrimsonRoze

  

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  Location: Göteborg, Sweden

  @trojantouch Would if be better to use this site or the exvchange on counterwallet?

  If you want to use the BTC/LTBc pair, then I'd recommend melotic for now. If you want any other counterparty token for it, then I'd go for the counterwallet.

  Posted on July 28, 2014 at 6:31 AM
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• adam

  

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  Location: California, USA

  @jshow5555

  They should not be so concerned with their user security – ‘Mandatory 2 point authentication’.

  And should put some effort on securing some real trade volumes. Volumes there are pathetic.

  But hey, it is not my exchange.

  2c.

  Its a new exchange focused on user created assets, the market simply doesnt understand whats up yet.

  Lets not complain too much, LTBc is new as well ;)

  Posted on July 28, 2014 at 6:39 AM
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• hashminer

  

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  Location: earth

  Looking forward to the coin. I will have to research the exchange.

  Posted on July 28, 2014 at 6:52 AM
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• Trojantouch

  

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  @crimsonroze

  @trojantouch Would if be better to use this site or the exvchange on counterwallet?

  If you want to use the BTC/LTBc pair, then I'd recommend melotic for now. If you want any other counterparty token for it, then I'd go for the counterwallet.

  Thanks for letting me know. Unfortunately i just broke my phone so i can't use the 2 step authentication.

  Posted on July 28, 2014 at 9:19 AM
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