Translations: Asset exchange/26/en

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the Asset Exchange available within the client.
This is the main menu for the Asset Exchange, it is fundamentally organized in two areas.
  • a list with all the assets you are tracking.
  • an interface that allows to interact with these assets.
If you own tokens for an asset, it will appear in yellow on the side list.
By selecting an asset, the interface area will automatically display the corresponding information. This includes the amount of tokens that have been created ("quantity"), how divisible is the token ("asset decimals"), a brief description of the asset, who created the asset ("account") and the asset identifier ("asset ID"). These informations are crucial, in fact the asset names are non-unique. What this means is that there can be multiple assets that have the same name.
The cost of issuing an asset is 100 Ignis, see Create Transaction Request should discourage people from spamming the exchange with assets whose only purpose is confusion and abuse. Without entering this worst-case scenario, it is reasonable to assume that perfectly legit users may create assets of the same name. Therefore a good degree of vigilance before buying is always beneficial.
In order to buy an asset, follow these simple steps:
1. select the asset from the list.
2. quantity: define how many tokens you are interested in buying.
3. price: set how much you are willing to pay.
ATTENTION: "price" refers to the cost of a unit of tokens. So, by entering 10, you are willing to pay 10 child chain tokens per asset token.
4. fee: define the fee, see fees in Create Transaction Request or click on the "Calculate" button, which will automatically calculate current network fee.
5. press buy.
6. it will ask you for your passphrase and finally press buy asset.