right welcome everyone to part 2 of the
github intro video so I'm going to go
over the trading right here you see on
the left of the screen and the exchange
since in the last video I showed you
guys had a had a put ripple into your
account so it's actually been like a
week and a half now and I still haven't
been approved so I'm not sure if it the
same for you guys but taking quite some
time get approved for this so so let me
know if anybody else is going through
the same situation so trading when you
click trading here on the left side it's
going to bring up this screen and this
is basically like since your exchange
this is your stock market except instead
of you know actual shares of your
companies it's going to be a
cryptocurrency like ripple theorem
Bitcoin and you can also trade dollars
in Euros as well if you'd like to but
order trade you have to make sure to
connect to the gateway so you have to go
back to your home and connect the
Gateway and choose which one's in order
to trade ok so I would also recommend
the cord trading make sure you have a
way to extract your dollars so what I do
is I just trade it to Bitcoin send it to
coin base and sell it for $4 values
because since I'm not connected yet or
approved I can't trade and I can't send
dollars to in my actual bank account so
I could convert it from bitcoins into
dollars but when you convert you have to
make sure you're making money so you're
not losing money so sharing the screen
you're going to see this is the history
this is the exchange what real people
are exchanging it for as you can see
today is July 6 so we're over here
so anything past this will tell you what
was traded today and it will tell you
this the time right here in the top top
part of the screen to say Tuesday July 4
bla than July 6 8 a.m. 9 a.m. 10 or
whatever that tells you the price it was
treated at and the amount so up here
it's going to tell you what the last
traded price which is 25 cents basically
basically what I'm five cents for one
ripple and it tells you the 24 hour
percent change
it's gone up or down this will tell you
to low in 24 hours and behind the 20
flowers and the volume traded 24 hours
it's basically how much ripple it's just
it's the same thing as the stock market
it's how much of that chair is traded in
24 hours so since this exchange is 24
hours like there's no it's not like the
real stock market where it's from
you know 9:00 a.m. to 4:00 p.m. this is
you know 24 hours around so this is
constantly changing so in the last night
4 hours there was 1 million seven
hundred six thousand a huge eighty-seven
thousand point 92 ripple traded so the
way this works so let's say why I should
do is I would have Bitcoin get sent to
my accounts once had bit Quinton here
you can trade Bitcoin for ripple and it
will tell you how much it was traded for
so same thing but instead of dollars
it's it's Bitcoin so point zero zero
zero zero nine five six nine Bitcoin is
equal to one Ripple right now at the
moment and if you scroll down this will
tell you the volume exchange or the
orders themselves so by orders is
basically people are putting in order of
certain amount of Bitcoin to buy ripple
this is the green right here I'm selling
this is people are selling ripple at a
Bitcoin value so usually you have people
who sell report want to sell it for high
value on the right people who buy ripple
want to buy it for a very low value on
the left so that's what this
distribution is right here and right
here is in the middle this is what's
actually being you can either buy it for
you can buy rip off this much or sell
your Bitcoin for this much and you'll
you know sell it right here on in this
green and red
this tells the same thing so people want
to buy ripple for this much Bitcoin
right here in the green people are
selling the ripple for the since Bitcoin
so if you want to put an order in so
right here it says buy ripple you put
the amount ripple you want to buy
let's say I want to buy 100 ripple the
amount of Bitcoin so if I put this red
value in it's going to sell it
automatically so let's eight point zero
zero zero
zero nine five seven two and it can tell
you the total amount of the Clinton to
cost you and so if I put that order in
it's going to automatically give it to
me as long as it's less than 12 thousand
ripple if I put more than 12 thousand a
tolling in a sort of a cell at twelve
thousand or by the twelve thousand and
then have the leftover remainder on
untouched but if you want to bid for it
so basically no one's going to buy it
yet but you want to decrease the price
of ripple you know I can put an order
for like point zero nine five five will
say nineteen ninety three so if I put
this Bitcoin price per ripple it's over
here so I'm trying to I'm trying to
lowball people Salander when you know I
want to buy as much ripple as I can with
my Bitcoin so that's when we get over
here and the left and this green line
will tell you where you're at on the
spectrum so when you click buy it's
going to put that that ordering now
hopefully if you're if you're if you're
buying the rip for this price both of
the distribution moves over to the left
where people start selling the ripple
for cheaper so this is what judges or
decides you know the value of ripple
bitcoin a dollar on this exchange so
it's just like a stock market basically
same exact thing except instead of
selling per share you can actually sell
percentiles or fractions of whatever
currency you're trading and you can just
you can change this up so right now it
just moved so people some orders were
confirmed and now the markets moving you
can change it to you know rip China here
euros you know all these things dollars
so it's pretty cool and so once it's
trade it goes to your wallet so I hope
that explained I hope I hope that was a
that was enough for you guys to
understand what's going on so if you
have an open order it's going to have
this green line right here until it's
actually satisfied or it might possibly
never be satisfied so you have people
having like ridiculous orders for
ridiculous amounts of money because they
want the value of ripple to go up and
yeah so that's that's this exchange
right here
now for the
github exchange github will actually
exchange your currency for whatever you
want at their at their conversion so
they'll tell you right here in the
bottom left you guys $1 for a 3.9
fighter ripple you can even flip it to
so it will be 25 cents per Ripple so
right now at the market the lowest the
last trade was at let's see D dollars
where are you you can compare what gate
hubs market is compared to the actual
exchange what real people are so on so
right now as you can see if the last
raid was at twenty four ninety five
cents and github is asking for 25 cents
so it's a little bit more expensive so
will probably help you out to buy on the
trading tab as opposed to exchange and
get directly so that's how you receive
that sometimes it might that might not
be the case maybe the exchange will be
more cost-effective for you but just
keep in mind is also a point two percent
fee with that so make sure to keep that
into account
when you do make your exchange and so
you can exchange different things so
let's say I have ripple here I have a
Bitcoin or anything I want exchange it
to over here so you're only allowed to
you have to have at least 50 ripple I
also depends how many how many gateways
or how many vaults you have I forget
what the rules are but I think it's like
you need to have at least 20 ripple per
wallet and like ten ripple forget you in
order trade so you have to have a bare
minimum in here so when you do actually
do your trading make sure not to trade
all your ripple because if you trade all
your ripple then you're not a lot of you
trade again you have to basically buy
more whatever or exchange it or for that
minimum amount of ripple to to keep on
trading so keep that in mind so know
your limit to know how much ripple
minimum you need in your account so you
can keep trading and so exchange for
dollars euros anything we want as you
can see this side you can't switch it
around so I have to do is choose so if
you want to have Bitcoin on the side and
every point inside you choose Bitcoin on
the right side first and then you flip
it
and right here you just put whatever
amount you want and they'll give you
value but also the value is not always
like it's not going to give you this for
sure
so make sure do the calculations do the
exact conversion for five bitcoins or
this much ripple and cut out your your
your point two percent to see what the
actual value is going to be over here in
the bottom left tells you the trend of
the of the conversions so basically
what's becoming more valuable as you can
see here so the value of ripple is going
down compared to Bitcoin but devalue the
dollar is going up to Ripple so that's
so that's what these transmute so I'll
show you what I mean in this analytics
tab I believe it's within the last 24
hours so 24 hours ago they would slip
you traded to 24 hours ago if it goes
green it's a good it's good to trade
backs to gain more money at thread no
good so right here for US dollars
triples so the value of a dollar is
going up they went up to point 12 cents
I guess in the last 24 hours
so if you want to you know sell your
ripple to dollars or sorry if you want
to but you want to buy more ripple where
the dollars you have you're gonna you're
going to make more money than you did 24
hours ago now the thread its exact
opposite so if I bought some you know
ripple will smith theorem 24 hours ago
now to on red I don't wanna buy some
right now because it's not I'm not going
to make as much money as I did last time
or it's not going to be as valuable so
that's what this is I hope this helped
let me know what you think any questions
you have please comment and hopefully
your account gets approved soon because
I've been waiting for like a week and a
half now alright thank you for watching
have a good day right