RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

OpenLedger DEX

OpenLedger DEX Exchange Review

OpenLedger DEX Overview

  • Decentralized Exchange – cannot be rated at this time.

    OpenLedger is a decentralized exchange platform which offers 10 languages for service. The users can either list their coins or exchange their cryptocurrencies based on BitShared network. The users are allowed to convert their BTC to fiat-backed SmartCoins, which then they can cash out using PayPal, Ripple gateway, or CCEDK’s NanoCard. OpenLedger offers numerous altcoins and the “trading is done against the system’s representative tokens (open.BTC, open.ETH, open.EOS, CNY, USD, BTS and OBITS (the project’s own token))”.100 000 transactions per second can be handled. Users need MetaMask to create their wallets.  

    There is an option to create lifetime membership and if the user does so, the transaction fees are lowered. If the users refer other users to the platform, they may get an 80% cashback on the trading fees. In the Bitshares ecosystem, every operation is assigned an individual and specific fee. However, if the users are not happy with the existing fees, they can reach a common consensus which immediately takes place in the blockchain and altered. BitShares support Tether tokens. All the fiat currencies are only representative tokens and they are backed by the BitShares network.  

    About the Founders

    Danish cryptocurrency exchange CCEDK and Cryptonomex (founded by the core developers of BitShares) founded OpenLedger. Other partners include Banx Capital, Bunkershares, the Beyond Bitcoin Show, Peertracks (music platform), Idantabit, Follow My Vote, etc. The CEO is Ronny Boesing.

    OpenLedger DEX Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      1.145 BTC

      • OpenLedger DEX Total Trading Pairs

        84

        • OpenLedger DEX Margin Trading

          No

          • OpenLedger DEX Deposit fees

            Free

            • OpenLedger DEX Fiat Deposit

              None

              • Accepted Payment Method

                None

                • OpenLedger DEX Native token

                  Yes

                  • Native token smart contract

                    N/A

                    • OpenLedger DEX Trading Markets
                      • OpenLedger DEX Stablecoins trading

                        OpenLedger DEX Withdrawals

                        • Daily Withdrawal Limit

                          N/A

                          • OpenLedger DEX Withdraw fees

                            BTC – 0.0009 BTC

                            ETH – 0.0055 ETH

                            LTC – 0.01 LTC

                            Full list of fees can be found here

                            • OpenLedger DEX Withdraw fees discount

                              N/A

                              • Proof of Reserves

                                N/A

                                OpenLedger DEX Exchange Additional Information