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RE: Why I prefer Bitshares Over Other Exchanges!
but OPEN.BTC today dropped 20% while BTC in binance slightly increased ? How to make Bitshares more safe with the existence of openledger ?
but OPEN.BTC today dropped 20% while BTC in binance slightly increased ? How to make Bitshares more safe with the existence of openledger ?
The more liquidity there is on the exchange, such as if a lot more people trade open.btc, it will come to match the Binance price. The difference is due to lack of volume to make it keep liquid and matching outside exchanges. On the other hand, good opportunity for arbitrage can exist by taking cheap UIAs of DEX, withdraw to Binance and trading there. Just make sure you know what you are doing, which way around and in and out of DEX/CEX you go, as that low volume means trades can take much longer..
Very informative, thank you very much.