📢 Gridcoin (GRC) gateway on decentralized trading platform Bitshares RuDEX launched

in blockchain •  7 months ago

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Kamusta, traders! We are expanding the lineup of non Graphene gateways, and this time we’re adding a Gridcoin gateway.

Even though it doesn’t utilize Graphene technology, it is one of those coins ideas behind which resonate with our team. Also GRC community is quite active on Bitshares RuDEX and has been requesting a listing from us. Finally we have some free time to add this coin.

Trading GRC on RuDEX has several advantages over trading them on centralized exchanges. Here are the main ones:

  • An ability to trade against completely decentralized assets (bitRUBLE, bitUSD, BTS, etc)
  • Fast support
  • Telegram based trollbox
  • Ease of on/off-ramping into fiat (gateways for bitRUBLE with fees as low as 0%)
  • Only you control and can access your account and funds
  • The Bitshares based exchange can’t close be blocked (with desktop applications for all popular OSes allowing you to connect even if the site is blocked)

During the design of the gateway we were aiming to ensure the following parameters:

  • Security
  • Independency
  • Transparency and ease of audit
  • Strict correlation between amount of tokens in the wallet and on the DEX
  • Minimization of the fees
  • Ease of use
  • Stability

AUDIT

In the future our gateways would have a stand-alone section for auditing them on rudex.org. But for now you can use the following services:

Short guide on using the gateway

How to deposit GRIDCOIN to RuDEX

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How to withdraw RUDEX.GRC from RuDEX

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This post received a courtesy vote from @gridcoin-booster! Thank you for your contribution to the #gridcoin community!

Excellent news, thanks so much @blockchained for adding Gridcoin to the RUDEX decentralized exchange - the future is decentralized! 👍

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Welcome! We glad to see one more community with common values, trading on RuDEX

Great news! RuDEX FTW!

Good Job ! Hello Rudex !

The picture made me laugh hard.