1 Level
6 Review
1 Karma
Review on BitShares by Juliette Loius
It is wise to note that BitShares handles more transaction volume than…
It is wise to note that BitShares handles more transaction volume than Ethereum and Bitcoin combined. BitShares is a decentralized exchange platform for trading cryptocurrencies without leaving the blockchain. The DEX of Bitshares to me is poorly shaped and lack the finnesse of major competitors, but still their volume helps keep all these negative things at bay.
Pros
- On the Bitshares DEX you can trade autonomous derivatives that use free market dynamics combined with price feeds to track the value of their real-life counterparts. With BitShares, you can take short positions, issue bonds, get your options (BitUSD, BitGold, BitSilver, BitOil etc.) and do whatever you should be able to do on the true cryptocurrency market
Cons
- When you are going to trade with commodities like gold, silver or even the fiat currency, you gotta give in exchange something with at least similar rate of value-fluctuaction, which cryptos are not.
