1 Level
6 Review
8 Karma
Review on BitShares by MINH LE
Launched in the summer of 2014, BitShares is a decentralized exchange that…
Launched in the summer of 2014, BitShares is a decentralized exchange that looks to remove the risk associated with centralized platforms. Daniel Larmier, CTO of Steemit, was the first to pitch the idea of the BitShares decentralized exchange. Note that the information below should not be thought of as an endorsement and always do your own research about a trading platform so as your own decision is an informed one.
Pros
- BitShares is an blockchain-based open source decentralized crypto exchange with main BTS (Bitshares Coin) as the main trading pair on the DEX. All cryptocurrencies not-native to BitShares platform are considered as derivates or "smart coins" and deposits / withdrawals are going through centralized gateways. BitShares Exchange has free & open registrations. BitShares Exchange has also desktop App available.
Cons
- First of all you need to look at design – it‘s is user friendly ? Well it is not so bad, but it could be better. When it comes to volume of trades on their exchange, it could be also better. But to be honest I invested a lot of money into BTS, so in other words I really believe in this project, it will become huge in upcoming months. Just wait, this will be big !!
