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RE: AEX exchange issues its own token based on Bitshares

in #bitshares • 7 years ago

Thanks for your correction. The sharedrop starts from March 1st, which is today.
Regarding your question about Bitshares and openledger. Openledger is a gateway of Bitshares, they share the same blockchain. Bitshares is Nasdaq exchange, whereas openledger is a security company where you can open your trading account, though openledger has other business besides being a gateway.

7 years ago in #bitshares by
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     7 years ago 

    thx, that's a START. Why would BitShares need OpenLedger tho, if it already runs the same/similar exchange? If I'm on OpenLedger buying a crypto, and you're on BitShares selling same crypto, are we able to trade with each other? If so, who gets the commission? When we pay the rather large exit fees, who gets what percentage of the exit fee?

    So while one is a gateway of the other, why OpenLedger exists we still don't understand. It's not enough to say "security company" bc what does that mean? Is BitShares DEX not secure?

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