How to calculate the $ value of your WLS

in #whaleshares6 years ago (edited)

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Finding the dollar value of your Whaleshare stash is not as simple as checking the value of Steem, but don't despair... it is still very simple.

Whaleshares are exchanged with Bitshares on the Rudex exchange, so you will need to look at the value of Whaleshares against Bitshares and then the value of Bitshares against the USD, multiplying the two together.

These are the two links you will need:

WLS/BTS

https://market.rudex.org/#/market/RUDEX.WLS_BTS (via the rudex bitshares wallet)

BTS/USD

https://wallet.bitshares.org/#/market/BTS_USD

Best to bookmark them while you are still thinking about it.

Calculators at the ready

Looking at the two values as they are now:

  • WLS/BTS - 2.49
  • BTS/USD - 0.095

Multiply one by the other and we have a total of 0.236

Which means…

1 WLS is currently worth around $0.24

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This may not sound like much but you can be sure it will grow in time.

Now is the time for hodling

So, hang on to your seats my Whalesharing friends and get ready for a bullish 2019, the year crypto goes mainstream.

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Many thanks to @taifkhan who pointed out in the comments that there is a much easier way to do this!

The best way to check WLS price is Join the whaleshares offical server on discord, scroll down to bot-chat and type Whalebot wls price

...and an even bigger THANKS to @alexpmorris for creating this awesome bot which can even check our mana on Steem & Smoke network.

Alex kindly took the time to demonstrate this in the comments.

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He also mentioned this article which explains how to easily move WLS between Whaleshares and the RUDEX.WLS UIA (User Issued Asset) on bitshares.

Thank you Alex for your awesomeness!

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Who is @samstonehill?

He was a London based filmmaker until he sold everything and set out on a barefoot journey around the world, currently based in the south of France.

He is travelling with his partner & two children and with no bank account he has been living on STEEM & crypto for over a year.

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All content created for this account is 100% original (unless otherwise stated), produced by @samstonehill who invites you to use & share freely as you wish.

All non original photo sources can be found by clicking on the image

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This was really helpful. And amusing to actually read on the Steem platform, LOL. I'll head over to wls to find it there to give you a whale of an upvote :)

It turns out I may not have calculated this price correctly! Check the top comment on my Whaleshares post for more info...

https://whaleshares.io/whaleshares/@samstonehill/how-to-calculate-the-usd-value-of-your-wls

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