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HEAT Forum

June 04, 2020, 03:40:01 AM
News: 2017-10-10 Heatledger 2.0 with Heatwallet 2.2.0 released! NOTE: Balance leasing and hard fork at block 777777
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Author Topic: Buying HEAT with BTC  (Read 2876 times)

backflip wrote Buying HEAT with BTC on August 08, 2017, 08:03:55 PM
Is it possible to have to option to cover the 0.01 HEAT fee when buying from what is being bought?
For example, if I buy 1.00 HEAT on the asset exchange there could be an option to receive 0.99 HEAT and send the remaining 0.01 to the network to cover the processing fee.
Obviously for this type of transaction the minimum buy would be 0.01 HEAT.
We wouldn't have to rely on external exchanges to get coins in the wallet, as this seems to be a fairly common problem.

Would this work or is there a fundamental problem with this approach?

backflip wrote Re: Buying HEAT with BTC on August 08, 2017, 08:27:13 PM
Ok no, it wouldn't work if the buy order can't be filled in the first place and someone could spam the chain with unfillable orders with a dummy token.

Eliphaz wrote Re: Buying HEAT with BTC on August 30, 2017, 04:35:36 PM
Right. New depositors are automatically credited a few heat-cents. We could add a warning / limit for the account to not allow withdrawals down to 0.00 HEAT.

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