Why Bittrex delisting Bitshares marks the rise of decentralized exchanges

in #cryptocurrency7 years ago (edited)

bitshares.png

bts.png

going to use the bitshares dex!

Sort:  

Bittrex is violating their own policy by delisting BTS. There are no regulatory or technical reasons to delist. Bitshares core devs have contacted Bittrex management directly and have not received any response.

But you know what? Good! Time to get your BTS to the Bitshares DEX where it is safe from idiots like these. No worries about not being able to withdraw, getting 'delisted', being hacked, etc.

Go to https://bitshares.org/ download the wallet and get your BTS out of Bittrex while you still can!

As an added bonus, once you get your BTS into the Bitshares wallet, you can keep trading BTS on the DEX with low fees, no risk and margin.

Here's a handy guide on how to get you BTS off of Bittrex:

https://steemit.com/bitshares/@nighthawk888/how-to-move-bitshares-off-of-bittrex

Good guide!

@johnsmith and @chrone , the entire thing summarizes in the need to take out the intermediary (exchanges in this case) to make everything more fair for everyone. Not only exchanges can make crypto go down at least for some time, but they also charge a lot in fees. Thabks for sharing. Just upvoted this comment and post. @gold84

These centralized exchanges aren't really that good for day to day use. Every time I log in to bittrex, it tells me to confirm my IP and sends me a link to my email. This is annoying as hell.

srs

That's why we hold. And so should others. The dex is a crucial tool to play this game.

follow and upvot me for good tips and tricks!, and off course I will follow back if I can learn from you too :)

confuius.jpg

will have to join the dex :)

Better than other decentralized exchanges that use Ethereum imo. Bitshares just has a liquidity problem imo.

LOL

That's exactly what I was thinking, good post!

That is actually not bad, nice post

The @OriginalWorks bot has determined this post by @chrone to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here! || Click here to participate in the @OriginalWorks writing contest!
Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!

The post is very exciting and nice please kindly cooperate please follow me vote and my comments hope we can work together. Successful greetings from me

That is so awesome. I am very grateful for that! Love it.

Coin Marketplace

STEEM 0.24
TRX 0.24
JST 0.038
BTC 95135.46
ETH 3281.35
USDT 1.00
SBD 3.37