24 Jun 2019

Invest Stellar Withdraw

Sell bitFORTUNE & Withdraw Bitcoin bitFORTUNE investors

24 Jun 2019

Sell bitFORTUNE & Withdraw Bitcoin

bitFORTUNE investors have 100% liquidity according to the bitFORTUNE business model. The bitFORTUNE administrative account on the bitFORTUNE exchange will fill all bitFORTUNE investor sell orders on the exchange in return for Bitcoin within 24 hours provided the investor sell price does not exceed the market value of bitFORTUNE tokens as displayed on the bitFORTUNE Portfolio Page.

To sell bitFORTUNE tokens first navigate to the bitFORTUNE exchange and login to Stellarport using a Ledger Nano hardware device as described in the “Invest” section of the bitFORTUNE Invest Page.

Stellarport Sell Home

Click on the “Sell” tab order form. Fill out the “offer quantity (bitFORTUNE)” field with the number of bitFORTUNE tokens desired to be sold. Next populate the “limit price (BTC)” field with the price in Bitcoin desired per bitFORTUNE token. The “total to receive (BTC)” value should automatically populate as the product of the number of tokens sold by the price specified.

Stellarport Sell Order

Select the “PLACE SELL” button. Confirm the transaction on the Ledger Nano hardware device for the Stellar account. For detailed instructions for signing a transaction on the exchange with a hardware device reference the “Invest” section of the bitFORTUNE Invest Page.

After this operation the sell order will exist on the “Orderbook”. The sell order can also be seen in the “My Orders” section in the bottom right hand corner of the exchange in the “Asks” tab.

Stellarport Sell Open Order

After placing the sell order on the exchange the bitFORTUNE administrative account will buy the bitFORTUNE tokens. This redeems the bitFORTUNE tokens for Bitcoin. The Bitcoin will then be on the bitFORTUNE investors Stellar account.

Another bitFORTUNE investor may also fill the sell order. This is not necessary for liquidity however since the bitFORTUNE administrative account will definitely purchase the tokens at or below market price.

Stellarport Sell Completed

StellarTerm may be utilized to facilitate a withdraw of Bitcoin value from the Stellar account back to the Bitcoin blockchain.

StellarTerm Home

Follow the instructions in the “Trustlines” section of the bitFORTUNE Invest Page to login to StellarTerm with a hardware device and navigate to a Stellar account.

StellarTerm Account

Select the “Send” tab.

StellarTerm Send

In the “Destination” field put the following value, “MY_BTC_WALLET_ADDRESS*naobtc.com”. Take note of the exact syntax in the following image. In short the destination value tells the network that the Stellar account is sending BTC to the specified Bitcoin wallet address via Naobtc.

StellarTerm Withdraw Form

Click “Save and continue”.

StellarTerm Withdraw BTC

Click “Send BTC”.

StellarTerm Send BTC

Enter the amount of BTC to send in the “Amount” field.

StellarTerm Withdraw Amount

Click “Save and continue”.

StellarTerm Submit Transaction

Click “Submit transaction”. This will prompt the user to validate the transaction on the Ledger Nano hardware device. For instructions to validate a transaction on the Ledger Nano hardware device reference the “Trustlines” section of the bitFORTUNE Invest Page.

StellarTerm Validate Transaction

Once the transaction is verified on the hardware device a success/confirmation message will display.

StellarTerm Withdraw Confirmation

Allow some time for confirmations of the transaction on the Bitcoin blockchain. Upon that the Bitcoin will arrive at the specified address.

Congratulations on your bitFORTUNE sell & Bitcoin withdraw! Enjoy your bitFORTUNE profits!

Invest in bitFORTUNE

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