How to Buy WLS with BTS and Use It to Power Up on Your Whaleshare Account

So for some reason, @kenistyles has decided that I am a whizz at bitshares, as I know how to buy WLS and get them onto my account, so I hope not to disappoint with this tutorial. :)

For the purposes of this tutorial, I am going to assume that you have a bitshares account already. If not there is a note at the end on which Dex I recommend signing up with and why.

And indeed, I'm also presuming you have some bitshares, if this is an oversight, please let me know and I'll do another video or point you in the right direction for more help.

(Also please excuse the rookie mistake of forgetting to hide the Loom video recorder info bit, next time I will remember to press ‘Hide’ if I don’t have to pay for it.)

VIDEO VERSION

TEXT/SCREENSHOT VERSION

So here we go, with the screenshot/text version…

Step 1:

Log onto Rudex with your Bitshare details: https://rudex.org/index_eng.html

Step 2:

Paste in the pairing URL: https://market.rudex.org/#/market/RUDEX.WLS_BTS

Step 3:

Fill out the Buy details for your WLS order

You will need to set your asking price - I am going to go with the lowest ask price.

Then decide if you want to enter how WLS you want to buy with BTS, or how many BTS you want to spend to buy WLS and press buy.

(NB: you can use lowest ask price, but bear in mind that amount is not set in stone and the market goes up and down and you might want to consider entering a lower ammonite, but its unlikely that your order will be fulfilled straight away unless you put in lowest ask price)

Then you will need to confirm the order (it may ask you for your password here to confirm)

Step 4:

After your order has been fulfilled (or to check it has been fulfilled, go to your account…

And locate the WLS you just bought and press the little triangle to send.

Step 5:

Fill out the transfer details

• Add rudex-whaleshares as the receiver
• The amount of Whaleshares you would like to transfer
• And enter wls:yourusername in the memo, so in my case it would be wls:hopehuggs

Adding wls: is very important and transfer won’t work without it.

Press send

Again you will need to confirm the transaction.

Step 6:

Wait about 60 seconds for the transaction to go through…

Step 7:

Go to the wallet section of your Whaleshares account

and you will see your amount sitting in the WLS section

Step 8:

Select power up

Step 9:

Enter in your username and your active key to confirm…

Step 10:

Voila success, you have powered up your WLS into WHALESTAKE

What to Do if You Accidentally Make A Mistake and Forget to Put the wls: in the memo (like I did the first time around).

Step 1:

Don’t panic

Step 2:

Take a screenshot of your transaction with what you wrote in the memo, you can find that in Activity section of your account (you may need to login and enter your password again to see memo entry.)

Step 3:

Open https://rudex.freshdesk.com/support/tickets/new and create a ticket detailing the issue, attach the screenshot and prove you are not a robot and send.

Step 3:

Rudex returns your errant WLS to your Bitshares account.

Important End Note:

If You don’t have a bitshares account, I highly recommend signing up with the EasyDex Exchange as they are the only bitshares exchange that has a password recovery service, which is an invaluable service and their customer service is awesome.

(In fact, its absolutely worth setting up a new bitshares account with them just for that safety net).

You can use the same log in details on any of the other bitshares Dex interchangeably, like Rudex and Open Ledger.

Here is a video showing you step by step how to sign up...

So to sign up on this dex, go here: http://www.easydexexchange.com

It is also worth noting that Easydex also has a WLS gateway and it can be bought and sold on that exchange too. In fact, the process is more simple as demonstrated by @cryptobillion here:

But more people need to know about it and start using it.

So now you know too :)

I hope this information and tutorial was of use and let me know if there is anything else that you’d like me to demonstrate via video and screenshot.

I kind of enjoyed doing that although it took me a few days to complete.

Laters

Hope Huggs xx