HOW TO CLAIM VESTING BALANCE FROM BITSHARES

in #utopian-io6 years ago (edited)

Slide1.GIF

BRIEF INTRODUCTION

Just incase you are hearing about bitshares for the first time or probably must have seen it on some of my post, bitshares is a decentralized exchange and one of the fastest blockchain on earth as we speak.

Bitshares coin is currently using 0.06% of its capacity to handle over 700k transactions in 24 hours, steem is currently using 0.13% of its capacity to handle 1.5 million transactions in 24 hours , ethereum is using 56% of its capacity to handle 969k transactions in 24 hours while bitcoin is using 100% of its capacity to handle just 219k transactions in 24 hours.
reference: http://blocktivity.info

WHAT ARE VESTING BALANCE?

Vesting balance contains fees that are gotten or earned through transactions or from the upgrade of a referral on bitshares . These fees are locked for a period of time until they are ready (100%) for withdrawals at a minimal fee as seen below.

bts claim.PNG

REQUIREMENTS FOR SETTING UP A BITSHARES ACCOUNT

Setting a bitshares wallet is very easy and straightforward. all you need is a good smartphone or laptop. i will drop several useful links on how bitshares works. This particular tutorial is targeted at helping you know how to claim vesting balance from bitshares and register for a lifetime account .

Note:
lifetime account is absolutely optional but you cant get referral bonus with a free account. to start getting 80% back, you will need to subscribe either for a year or for a lifetime account. i will drop some links that will help you understand these things at the end of this tutorial.

Difficulty of this tutorial

this tutorial is considered to be intermediate and easy for anyone to understand, just watch the video and read the materials i will drop.

things to note

bitshares is a decentralized cryptocurrency exchange and as such you have control over your funds . So it is very important to backup your funds just in case you lose your password.

just go to settings and backup

bts backup.PNG

Video Tutorial

The following materials will help you know more about bistahres

Summary

Bitshares exchange has a great future and buying bitshares coin is really a good decision to make. note: this is not a financial advice , so make sure you use only spare money and make your own research before buying any coin.


Thank you for going through my tutorial , please if you have suggestions, questions and corrections, please kindly drop it in the comment section below



Posted on Utopian.io - Rewarding Open Source Contributors

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I have invested in bitshare but never knew I can earn from refferal. Thanks for sharing this, it is very informative.
#steemsoccer1

You're welcome boss, there are other decentralized exchanges it's good to get as much as you can from each of them. Getting enough referral bonus is one way

DEXs are gaining grounds. What are your thoughts on KMDs BarterDEX? I'd like to know what you think of it

I'll write on that

Thanks bruh. Learnt alot from this

You're welcome

Thanks for sharing

I can't wait to get started on these. Been hearing bout bitshare for a while now

OK just come on board

Many thanks @samstickkz! I am new to crypto; and, trying to learn how to maneuver the openledger.io exchange.

I find your tutorials very, very, very (extremely;+) helpful.

May I ask that you do a brief tutorial explaining the Open Ledger Top Markets page; and, your top 3 picks?

Also, in my account it shows that the value of my BTS are $1.; but, the market value is only a fraction of that.

Btw, there seems to be so many varieties of BTS, which I hope you will discuss should you do the tutorial on the Top Markets.

Lastly, I keep getting a "Gateway is not available" message. I'm wondering if anyone else is getting this message.

Many thanks again for your very helpful tutorials.

Peace.

You're welcome bro, I'll work on that

Thanks!

Btw, any idea why the value of the BTS shows $1. on my dashboard when it's only valued at ~.35?

Peace.

Thank you for the contribution. It has been approved.

You can contact us on Discord.
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Hey @samstickkz I am @utopian-io. I have just upvoted you!

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I had no former knowledge of Bitshares, buh your explanation makes it less hard to understand. Thank you plenty plenty

Lol you're welcome plenty plenty

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