Review on OpenLedger DEX by Adedayo Adeniji
OPENLEDGER DEX
OpenLedger Dex is a decentralized cryptocurrency exchange headquartered in Denmark with an intuitive interface to support new and experienced investors for sweet experience in their trading. It also has a Bitshares based system that can handle 100000 throughputs per second.
OpenLedger Dex offers a white label solution whereby you can make use of its technology to create your own trading platform under some terms and conditions so as for you to benefit a zero cost dev investment, high end technology, scalability and flexibility.
OpenLedger Dex trading view has an order book, price chart , order history with buy and sell boxes for your trading flexibility. It takes 0.20% for both taker and maker, while it takes a varying amount for withdrawal depending on the volume and it is beneficial to withdraw lower amount in order not to be over charged. It accepts fiat deposit through wire transfer.
Despite all this great features, it is sad that OpenLedger Dex has officially announced its close down with a published email to its users and when I checked through its site link recently before writing this reveiw I found out Its domain is for sale. I hope this piece of information keeps you informed to stay careful.
Pros
- It is decentralized
- It offers an intuitive interface
- It uses a Bitshares based system
- It offers a white label solution
- It made known it's closing down to its users
Cons
- Its withdrawal fee is too high
- It has no liquidity
- It has officially closed down
