RE: From BTS:USD to BTS:BitUSD What Does This Mean?

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From BTS:USD to BTS:BitUSD What Does This Mean?

in bitshares •  7 years ago 

Bitshares is a DEX ( Decentralized Exchange) You own the private key to your account so you money is 100% safe as long as you keep your private key safe. BitUSD or other smart coins are digital assets thats value is pegged to other currencies or commodities like gold/silver.
That way you have a coin that is stable in value yet tradeable in a decentralized way.

bitshares
7 years ago by

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      ·  7 years ago (edited)

    Thanks for the input. I just have to stay mindful that crypto is indirectly akin to the centralized version, aka Wall Street; and therefore, involves due diligence, as with everything life.

    Best regards!

    Peace.

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