Rudex Tutorial | WLS to STEEM | Withdraw STEEM from Rudex to your Steemit Wallet

in #tutorial5 years ago (edited)

Rudex tutorial.png

png-divider-lines--1400.png


Liquid WLS


You can power down your Whalestake on Whaleshares. Every week for a period of 13 weeks, you will get 1/13 of the powered down amount of Whalestake. You can't power down everything at once, but the slider will show you how much you are allowed to power down at this moment. Once you received your power down, log in to your Whaleshares wallet. Go to WLS, and select transfer.


IMPORTANT

There is a minimum of 50 WLS to transfer WLS to RUDEX, if you transfer less than 50 WLS, your WLS will be lost...


wls transfer 1.png

Fill in the requested information to make the transfer:

wls transfer 2.png

To transfer your liquid WLS from Whaleshares to Rudex, you have to fill in @rudex as the recipient, and in the memo you always fill in: dex:yourbtsaccount

You will see this in your wallet after you made the transfer:

wls transfer 3.png

Within a few minutes you will see the WLS appear in your Rudex wallet.

wls transfer 4.png

Click on the button as marked in the image above to go to the exchange. Then you will see this as shown below:

1.find the sell and buy option.png

Check the latest price:

latestprice.png

Fill in the requested info to create a buy order:

3.fill in the info.png

Confirm your order:

4.confirm.png

At the right top of the screen you now see that the transaction has been confirmed:

5.transaction confirmed.png

Order filled immediately, as there are no open orders in the tab orders:

6.no open orders.png

Click on the right top side of the screen on the 3 blue stripes to see a drop-down menu appear:

8. click deposit withdraw.png

Click on deposit / withdraw, so go to this menu:

9. deposit withdraw screen.png

Make sure you select Steem with the arrow, and select withdraw before you continue and click the withdraw button on the right side below.

10. fill in the info.png

Fill in the amount of STEEM you want to transfer to your Steemit wallet, select how you wish to pay the transfer fees, and don't forget to fill in your steemit account name (without the @). The memo can be left empty! Then click the withdraw button.

11. confirm transfer.png

Click confirm, and wait for a pop up on the right top side of the screen to confirm the transaction has been made:

12. transaction confirmed.png

Wait a few minutes until your STEEM arrives in your Steemit wallet:

13. Steem in wallet.png

Sort:  

Something isn't clear to me.

My wallet shows I have + 2800 Whalestake

total.jpg

If I click 'power down' and max the slider, I get to see this

powerdown.jpg
Click to enlarge

Leaving less than 5 WHALESTAKE in your account is not recommended and can leave your account in a unusable state.

But if I power down 840 Whalestake, I will still have about 2000 Whalestake in my account. Why does it say i'll only have 5?

At first I thought you were supposed to keep 2000 in your account, but I can power down 835 - which would leave me with less than 2000

You can only power down a certain amount. I didn't know the exact % at this moment as it's calculated due to the inflation rate. I will see if I can find that schedule somewhere and get back to you..

Posted using Partiko Android

So, I powered down - just to give it a try.
Now I have to wait for 7 days? Will it then appear in my WLS balance, ready to exchange it?

I've just added the screenshots for the whaleshares to rudex transfer of your liquid WLS in case you might need them ;)

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