How to join the HERO Challenge as Leader and Participant
bitshares·@ash·
0.000 HBDHow to join the HERO Challenge as Leader and Participant
Learn more about the HERO challenge by reading @stan -http://www.sovereignhero.com/ - Telegram: [https://t.me/sovereignhero](https://t.me/sovereignhero) This guide is aimed for newbies and covers Leaders and Participants. # Setup Open your BitShares Account, this is where the challenge begins. 1. **[Click Here](http://smarturl.it/bitshares)** to Open your Account 2. use `Account Model` 3. Sign-Up IMPORTANT: you can **NOT** lose your account name and password. make sure to use [LastPass Browser addon](https://chrome.google.com/webstore/detail/lastpass-free-password-ma/hdokiejnpimakedhajhdlcegeplioahd?utm_source=chrome-app-launcher-info-dialog) or any other password vault to store your user credentials! # Buy The common way to get to HERO is FIAT (USD, EURO) > Bitcoin > BitShares > HERO ## Fastest, most expensive way (Difficulty: Newbie) Paypal. 1. **[Click Here](https://rebrand.ly/ppbtc)** to Sign-Up 2. Verify Account 3. Buy Bitcoin Withdraw: https://xcoins.io/client/withdraw  1. Enter Amount to Send 2. Enter Bitcoin Adr (see `Convert to BitShares`) ## Convert to BitShares After your purchased Bitcoin, there are two easy ways to convert to BitShares ### BlockTrades In your BitShares Wallet visit: https://openledger.io/deposit-withdraw/  1. Select `BlockTrades` 2. Copy Bitcoin Address 3. Follow up above on `Withdraw Bitcoin` ### ShapeShift Visit: https://shapeshift.io/#/coins  1. Select `Bitcoin` and `BitShares` 2. Click `Continue` Input Screen:  1. Enter your BitShares Account Name (= it's your Address) 2. Click `Agree to Terms` 3. Click `Start Transaction`  Copy Paste the Bitcoin Address and follow up above on `Withdraw Bitcoin` ## Fast, Fees (Difficulty: Newbie) Credit Card. Visit: https://rebrand.ly/ccbtc [%20for%20USD%2C%20pay%20by%20Visa_Mastercard%20credit_debit%20card%20-%20Changelly..png)](https://rebrand.ly/ccbtc) *Note:* >LIMITATIONS ON PURCHASES USA, Canada and Australia - $50 limit for the first transaction, the next purchase could be made in 4 days (100$ limit), $500 after 7 days of the first buy. No more than 3 payments within the first week. No limits in one month at all. 1. Enter `Amount` 2. Click `Exchange` Now we need to use the BlockTrades Bitcoin Address. ### BlockTrades In your BitShares Wallet visit: https://openledger.io/deposit-withdraw/  1. Select `BlockTrades` 2. Copy Bitcoin Address  3. Enter BTC Address and Click `NEXT` ## Via Exchanges, cheaper (Difficulty: Medium) Visit: [Uphold.com](https://uphold.com/) or [Coinbase](https://www.coinbase.com/) Open an account and purchase Bitcoin. Then convert Bitcoin to BitShares via BlockTrades/Shapeshift or send Bitcoin to exchanges like Poloniex - if you know what you're doing! ### BlockTrades In your BitShares Wallet visit: https://openledger.io/deposit-withdraw/  1. Select `BlockTrades` 2. Copy Bitcoin Address 3. Follow up above on `Withdraw Bitcoin` ### ShapeShift Visit: https://shapeshift.io/#/coins  1. Select `Bitcoin` and `BitShares` 2. Click `Continue` Input Screen:  1. Enter your BitShares Account Name (= it's your Address) 2. Click `Agree to Terms` 3. Click `Start Transaction`  Copy Paste the Bitcoin Address and follow up above on `Withdraw Bitcoin`** # Next Steps: Leader As a leader you need a BitShares Lifetime Membership in order to activate the referral Program. ## Activate LTM 1. Click `Account` (if you can't see it, click SWITCH TO ADVANCED located Top Right) 2. Click `Membership` Tab 3. Click `Buy Lifetime Subscriptio` Your account is now an activated Lifetime Member. ## Win conditions In order to win the HERO Challenge, you and your referrals need to buy HERO **AND** your referrals need to follow you via Proxy. ### How To Refer People  1. Click `Account` (if you can't see it, click SWITCH TO ADVANCED located Top Right) 2. Click `Membership` Tab 3. This is your referral Link `Example: https://openledger.io?r=YOURACCOUNTNAME` ### Referrals need to Follow You Tell your Referrals to:  1. Click `Account` (if you can't see it, click SWITCH TO ADVANCED located Top Right) 2. Click `Voting` Tab 3. Click `PROXY` 4. Enter `YOURACCOUNTNAME` 5. Click `Publish Changes` 6. Confirm # JOIN THE CHALLENGE (finally!) Buy HERO Leaders/Participants **Make sure to learn about the risks and economic behaviour: http://www.sovereignhero.com/buy-sell-short-hero/** I will just cover the easiest possible way, you are responsible for your decisions.  First of all, Click `Switch to Advanced Mode` Visit: https://openledger.io/market/HERO_BTS  1. Click `BORROW HERO` In order to Borrow HERO, you need to lock away 2.25x the value of BitShares *See Economic Model/Risks and why this works: http://www.sovereignhero.com/buy-sell-short-hero/* So this is a bit trial and error, depending on how much BitShares you want to use to create HERO.  1. Enter `AMOUNT` 2. Set the Slider to AT LEAST 2.25 3. Click `Update Position` 4. Confirm *Note: Here's a follow up on how to take out profit: https://steemit.com/bitshares/@ash/bitshares-how-to-take-out-profit-from-borrowing* You can now see the HERO in your Account Overview. Good luck and if you want to join my Team set your Proxy to `fav` :) *If you Signed-up under me and need help - [Contact Me via E-Mail](http://www.google.com/recaptcha/mailhide/d?k=01QLsWrDaPWZjO8sO_kC5kng==&c=1oWr_pINuHl64ASUQIgqtdzs4hC0k8Lir0CP3VCgoI4=)*
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