BitShares Asset Exchange image

BitShares Asset Exchange

Bitshares is one of the most unique and innovative of the ‘Bitcoin 2.0’ projects seeking to use block chain technology for more than just creating a digital currency. It is a ‘Decentralized Autonomous Corporation’ whose owners (anyone who owns any BTS, the system’s native cryptocurrency) elect a board of 101 ‘delegates’, who serve as the company’s board of directors. At its heart is the Bitshares decentralized exchange, which can be used for trading various assets, including assets which track the value of ‘real world’ currencies, commodities like Gold, or a digital currency like Bitcoin, without the need to trust your wealth to a central bank or exchange. Like any financial market, there are plenty of opportunities on the Bitshares decentralized exchange for traders to make themselves a profit, or a loss, depending on their performance. In this article you will find a beginner’s guide to using the Bitshares wallet to try to make a profit from trading.