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Pedro O. Alvino M. photo
Venezuela
5 Level
886 Review
1576.5 Karma

Review on BitShares by Pedro O. Alvino M.

Revainrating 3 out of 5

A decentralized asset market

BitShares is a decentralized exchange that aims to destabilize the current way of buying and selling cryptocurrencies since it facilitates some tools that can call attention to retail investors, as it is a viable option due to users dissatisfaction due to the fact that in order to stabilize their investments It has to be converted to fiat money.

Although many analysts consider bit shares as a reflection of bitcoin it simply seems that it is not quite true since in addition to shuddering even more volatility than bitcoin, its use is less prolonged, due to the large number of decentralized exchanges that are They find available.



Pros
  • The transparency and security of bit shares is noted when trading
  • Its working protocol consists of DPos.
  • Fast and independent from reliable third parties.
  • It contains a token exchange system that is related to tangible assets.
  • Ease of issuing tokens on the Platform.
  • Excellent exchange platform to invest thanks to the analysis that records market movements.
Cons
  • Little information about the exchange, generates distrust in some investors.
  • Most operators are already accustomed to exchanges already planted in the market with the same tools.

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