BitShares and OpenLedger: how are they connected?
BitShares is a platform running on Graphene and providing all the necessary tools and features such as Decentralized Verification, Public P2P Network, Industry-Grade Security, DPOS Consensus, Decentralized Decision Making, Stakeholder-Approved Project Funding, Decentralized Exchange, Counterparty-Risk Free Trading, Integrated Payment Solution, Price-Stable Cryptocurrencies, Referral Program, Prediction Markets, and Recurring & Scheduled Payments.
OpenLedger DEX is a BitShares-based decentralized exchange and an entry point into the decentralized market. Offering a number of advanced instruments, it still remains within reach of less tech-savvy users. It’s much similar to RuDEX, Crypto-Bridge, and others.
The OpenLedger’s user-friendly interface makes this BitShares platform easy to use for anyone. And what is more important - OpenLedger has numerous gateways allowing users to deposit and/or withdraw different cryptocurrencies traded on this exchange.
When you speak about OpenLedger and Bitshares account, you speak about the same thing. It means that you can create an account at Bitshares.org and log in with it at OpenLedger.io, and vice versa.
As OpenLedger DEX is a BitShares platform, it is obvious that they have the same registration process and the same account models.
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Not the same. You used upload your wallet to their service for their version of the GUI.
But ultimately they do indeed use the same sign in, many gateways can and will diversify the way people get access. I want one insured
So I can just leave my wallet with someone else rather than in safe at my family house.
Thanks for this, we've been asking what the difference is for ages, and no one gave an answer which made any sense to us, until now.
Why should anyone use BitShares/OpenLedger since their withdrawal fees are so high? that's what we find dishonest about the entire thing, they charge you an arm and a leg to get your money OUT, while making it MUCH easier to get your money IN. For that reason, and formerly not understanding why there's both OpenLedger AND Bitshares, we've stayed away.