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Amritsar
4 Level
146 Review
324.75 Karma

Review on XBTS by Aman Arora

Revainrating 4 out of 5

XBts Exchange is good place for secure token swaps without connecting wallets

Xbts is a decenralized asset trading platform with a centralized feature. Easy to use plarform with trading facility of most traded coins. All the variables with btc eth bts and usd are easily available with relatively good platform. Bts is exchange native token which is available for trading against btc eth usd and Russian Rubble.
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Bitshare is unique as compare to other dex platform in regard to connecting your wallet. Users need to create account with a suggested password which also works as key for your account which also works as private key and need to back up for complete access.
After an account is created you can and withdraw tokens as we use to do in any centralized exchange.
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Bts (Bitshares) is exchange native token and users holding bts token can borrow assets on exchange and has voting rights to Vote on block producers, committee members and worker proposals to influence strategic decisions and advancement of the BitShares platform. Exchange also offers hash time lock contracts facility in which you can easily transfer bts token to any user using the platform by creating a password amount and expiration. You dont need to transfer assets manually and can pay anyone in bts token on the platform without manual transfer.
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Paper Wallet and Barter facility with swaps outside the exchange and direct debit facility for recurring payments are the developments that Xbts has offer for the comforts of its users. Xbts has started to move ahead and has been on its way to be the top choice for users and surely recommended as a safe trading platform for trading and transfers.

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Pros
  • Xbts features both facilities of dex and cex platforms with almost no way to access your account without key
  • Bts token provide boost to platform with voting rights and htlc facility of sending funds without manual transfers
  • Borrowing facility in bitshares tokens with usdt and usdc collaterals
Cons
  • Platform has performed well in given circumstances but relatively low trading volume recorded in most of the coins
  • Lacking facility of staking which is available on almost all Dex platforma with liquid pools tracking