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Storing EUR


ethbits

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15 minutes ago, ethbits said:

Thanks! are there any decent guides how to use it? Its really complicated. I dont know how to change from ripple to euros. Been staring at it for an hour now.

espically on exchange lets say you want to sell 1k ripple price you put?

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Just now, ethbits said:

Thanks! are there any decent guides how to use it? Its really complicated. I dont know how to change from ripple to euros. Been staring at it for an hour now.

best way is to use the trade page.

1) Select the pair of currencies (ie EUR) and issuer (Gatehub) with on the other side XRP (has no issuer = native without counterparty)
2) Select BUY (or SELL)
3) Fill in the amount you want to BUY (SELL)
4) Fill in the maximum price you want to pay for a BUY (or minimum for a SELL)
5) Press the button to BUY (or SELL)

Than wait until the order is completed. As EUR isn't very liquid, it may take some time (hours, days) for the rather high amount orders...

One can also use the exchange page, but than you've to keep in mind that you exchange on "market rates" what means that for rather large amounts, the market price will become worser or even real bad on your own order when you're dealing with low liquid markets and poorly filled order books... (what often is the case for XRP/EUR)

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