Cool Updates and Upgrades on OpenLedger - Decentralized Exchange
Before @dan made STEEM he made BTS - coin and decentralized exchange built on it. The main used frontend of it is called OpenLedger and it just got some cool updates.
If you do not have an account - make it, its free and nobody can steal your funds from it as its decentralized. Check OpenLedger now before you forget.
Markets
STEEM has top6 traffic there which is not bad at all!
Few base currencies
While you can sell anything traded there for anything there is few base markets. Right now ETH and EOS joined them! Also, USD called bitUSD unlike SBD is really pegged to USD same as CNY is. BTS uses a bit different way of pegging than STEEM.
Gateways Open
While BTS and other on chain coins and tokens are native, other currencies like ETH EOS DGD STEEM LISK EXCL and many more go through a gateway that changes on a chain to off chain tokens. Finally, most of them are working again!
Fees reduced
BTC withdrawal fees are down by 64% due to Segwit adoption and trades fees are at 50% now.
BTS Markets
So about OpenLedger STEEM/SBD also has Binance and Livecoin exchanges that both coins are on.
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This is a good information. Good to have steem/sbd on other exchanges other than bittrex and polo. But I have not see sbd on binance. Was it just added?
With Dex exchanges popping up like wild fire, these retro exchanges need to do something to keep their marketshare.
Massive first-mover advantage. Definitely counts for something, in the long run.
I am user of OpenLedger and holder of OBITS, their token. It is great DEX and easy to use. I had a problem at start with names of assets. For example when you see open.EOS, you are not sure as new user what you are buying exactly. Without this open.something would be easier for new users.
Perhaps OL can put more information in the description for each coin. It would certainly be proactive marketing in my opinion @bloggersclub
Easier for new users to misunderstand what they're buying...
Thanks for sharing
good news if the fess is reduced this will bring more participation
Well done thank you for keepiñg us updated with such information
Thanks for sharing
The way regulation is looking, decentralised exchanges need these boosts so that they become more widely used and trusted
BitShares (BTS) is a decentralized eye platform for trading cryptocurrency without leaving a blockchain. The BitShares blockchain platform allows users to take note of their crypto power for a stable asset by converting the cash into some other cryptocurrency whose costs are pegged to real life assets.
I thinks very interesting, thanks for information @kingscrown