- Sign up on OL, already signed up, go straight to step 2
- Subscribe to the ICO of your choice to fund your account with ICO tokens. Follow the instructions in below video mentioning the OpenLedger account ico.openledger as the default escrow account for ICOO.
- Receive on your OpenLedger account the funds in equivalent OPEN.xxx asset corresponding to the ICO token value, once available and start to trade.
Suggested markets: OPEN.BTC, OPEN.ETH and BTS
Tutorial #4 : Participating in an ICO
In this tutorial you will learn how to send OPEN.BTC to participate in an initial coin offering.
OpenLedger facilitates escrow services through CCEDK.
To join an ICO, we’re going to send OPEN.BTC to the escrow account named “ico.openledger”
Alright, let’s go to OpenLedger.
Click the “Enter Exchange” button, here.
When you’re logged in, click “send”.
Type or copy/paste “ico.openledger ” in the “to” field… no caps.
The memo field is very important. Put the name of the ICO you are investing in here.
The Bitshares platform is 100% transparent, so as long as you use the memo field correctly, you don’t need any other kind of confirmation. The proof is in the blockchain!
Click on “BTS” and change it to “OPEN.BTC”
Enter the amount of OPEN.BTC you want to use. Let’s use 1 OPEN.BTC in this example.
Subscribe with minimum 0,2 OPEN.BTC
Make sure you have enough funds in your account to pay for the transaction fee. You might need to click the abbreviation to select an asset that you hold enough of.
The standard fee is fine.
Finally, click “send”
Congratulations. You’ve successfully bought 1 OPEN.BTC’s worth of this ICO’s token.
OpenLedger – Smart Trading Decentralised
4 Responses
Flex
Is it also possible to pay with FIMk in this stage or only BTC?
Thanks
admin
Yes
Fez Miester
& in order to send myself any ..whatever.. to myself here at open Ledger.. so I can do the above.. I need to only go to that other account.. and where it says, ‘address you want to send to’.. you put in.. (username).openledger? or what? most accounts give you these long #s (which i’m happy we are moving past now I see. just have to ask -first time ;z)
Jason
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