I just began using BitShares decentralized exchange this week. I began by funding my Dash key there and that is the primary currency I am buying because it is the best exchange rate for me at the moment by buying with BTS.
I am buying BTS on Bittrex and it is easy to fund the exchnage from their using the withdrawal feature and my BitShares handle. Transfer of BTS is super quick and there are exchange pairs on the BitShares Exchange I cannot get anywhere else. I have not begun much trading in BitUSD yet, but I have dipped my toes in that market. It looks like it will be a good hedge against exchange volatility, especially with the recent market corrections that have seen the value of my portfolio dip.
You can get the BitShares Light Exchange client at the following link:
Bittrex is my funding option for BTS, but you can also fund via BTC, Dash, ETH, STEEM, or MAID. I love not having to have a browser open to do my trading and the exchange rates are hard to beat.
As always, Happy Trading & Many Prosperous Returns!
You may show your love at these addresses:
BitShares luv:
burnt-hamster-pub
Dash luv:
XbqXTv4Cu3A42mrvxMgEUs7Qt3Eu2n4vMr
ETH luv:
0xd559166ef7E416075Ab9DD430c84Eeba3dD92622
Thank you for feeding my crypto habit with your donation!
I've been using the DEX for three years. Volumes are improving exponentially. I bought a bunch of HERO before this latest dump and have done extremely well; best part is that I'm now selling the HERO to buy cheap BTS. It is awesome.
As for the DEX I use it because there is no risk of losing my money like with other centralized exchanges. Also fees are cheap. Once the liquidity grows it is going to be the best crypto exchange on the planet.
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I hadn't tried DEX before, my only experience with a decentralized exchange was with BitSquare, then they raised the escrow amount to 0.03BTC which was too high for a slow exchange process like theirs. Maybe if my portfolio were larger, I wouldn't have an issue with it, but that is too much to tie up in a single trade for me.
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Johnsmith.Would you be interested in doing a tutorial on how to place trades on the DEX?? I would like to collateralize my BTS to but HERO and take advantage of these marjet swings
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Would love to see you make a full review!
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Need to play around with the exchange a bit more, I usually do more reviews as I go on with crypto projects I like.
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