Sparkdex is the DEX created by Bitspark, and as a gateway to Bitshares it has many of the same functionalities as the Bitshares DEX. This episode of the DEX Masterclass gets down into the practical side of things and walks you through each of the main sections you’ll find on Sparkdex.
Go to the Create Account form to choose your account name. Note that this name is public on the Blockchain - everyone will be able to see this. Unlike with Bitcoin where money is sent to an address, on BitShares it’s the account name where people send money to.
The form will generate a password for you, which you need to store safely because no one can reset the password for you. It’s your account and your keys, if you lose them there is nothing we can do to get them back.
These credentials can log you into any DEX on the BitShares so next to Sparkdex, you can go to Bitshares.org and login with the same account.
After your account is created, it is registered on the Blockchain which takes a couple minutes to be verified.
The first time you log in to the Sparkdex, you will get an intro tutorial that shows you around the Dashboard screen.
At the top level of the Dashboard, you’ll see last price, last executed trade, previous market trades and the volume. Volume is denominated in the base currency: if you’re looking at the 24 hour BTC/BITUSD market and volume says 44 million, it means 44 million BTS was traded in the last 24 hours.
