newby question: after setting up my account and trying to understand the platform I'm about too transfer some btc to my BitShares account. Is it correct that I need a little bit of BTS just to trade my BTC for BTS on the exchange?
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That is not true at all. I assume you're trading from an exchange, maybe Coinbase?
Just like that you now have BTC on the DEX. From there you can trade into whatever coin you want that's on the exchange including obviously bitshares. Let me know if you have any other questions.
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