Review on XBTS by Gabriel Medina
Exchange united with important partners
This is a decentralized exchange (DEX) based on BitShares. We can negotiate any amount whenever we want. We must understand that DEXs are gaining more popularity so far. It is gaining ground in the face of centralized peers. The platform states that they are providing a fast and reliable exchange of cryptocurrencies, with the instant purchase and sale of cryptocurrencies at solidarity prices with blockchain guarantees. Each operation is stored on the blockchain. The confirmation time appears to be only three seconds. This exchange has multiple advantages and among them we could name the most important, which are:
As a novelty they have a desktop client that provides direct access to the exchange and the decentralized market of Bitshare where they will give us a customizable trading interface. It is available for:
One thing to note is that it does not accept fiat currency deposits, which means that new crypto investors will not be able to trade.
DEX is distributed worldwide, this leads to less risk of server downtime. This means that they are immune to attacks. This is because if they remove a server, the difference for the server network will be zero or minimal. On the other hand, if they enter a server of a centralized exchange they will influence a much greater damage.
The exchange is also used for DEX games with the assets of SmartHolden, a decentralized gaming platform that has as SmartHoldem Coin (STH) token, a fundamental asset of this platform that will also serve decentralized applications. In addition, it is associated with extremely important partners and among them are CoinMarketCap, CoinGecko, BitcoinTalk, etc.
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Pros
- Exchange with multiple globally recognized partners.
- Associated with a Dex Games platform that has its assets in this exchange.
- Desktop client available for various operating systems with better user interface and excellent business experience.
- It provides the service worldwide, offers an excellent experience for trading without limits and the security is at a good level with high liquidity.
Cons
- The exchange website is only available in Russian, English and Japanese.
