OpenLedger DEX is a decentralized, peer-to-peer exchange platform built on the scalable, versatile, and secure BitShares blockchain. Featuring low, transparent fees and robust encryption, the platform has attracted over 200,000 unique registrations and trades over 50 of the most popular coins, including stablecoins such as bitUSD, bitEUR, and bitCNY. Built upon a Delegated Proof of Stake consensus structure, the platform handles over 100,000 transactions per second. Partners can also white-label and customize the platform.
OpenLedger DEX supports a growing number of currencies including BTC, ETH, EOS, NEO, and Dash. Stablecoins supported include bitUSD, bitCNY, bitEUR.
OpenLedger DEX Features
0.2% trading fees
The most reasonable trading fees in the market considering such a wide range of features.
High Performance
Built on BitShares, the system processes 100,000 transactions per second, which Bitcoin and Ethereum cant even come close to.
Highest Security
Decentralized, advanced encryption, two-factor authentication (2FA), cold storage, strict access management – we constantly protect your accounts and assets.
Basic & Advanced Modes
Intuitive interface helps both newbies and pros fully utilize our platform.
OpenLedger is a joint venture between CCEDK and Cryptonomex. Cryptonomex is a blockchain application development company created by the core developers of BitShares 2.0. This partnership allows OpenLedger users to directly access the BitShares 2.0 network.
The integration of OpenLedger with the BitShares network further enhances its ability to monetize and seamlessly connect financial products and platforms, ultimately empowering OpenLedger to break down barriers in the mainstream adoption of digital currencies.
OpenLedger, dubbed "potentially the worlds most powerful" decentralized financial platform, is set to provide a suite of novel tools with industry-disrupting potential.
OpenLedger boasts Nasdaq-like latency and throughput, aiming to address the hurdles to widespread cryptocurrency adoption. “OpenLedger is designed to solve the problems of speed, stability, security, and transparency that are still hindering and preventing the takeoff of cryptocurrencies,” said Boesing. Key to this is the built-in ability to anchor currencies and assets, allowing funds to be stored and deployed without facing the iconic volatility of cryptocurrencies. This, coupled with low fees delivered through a decentralized solution, results in better returns and lower risk.
Furthermore, OpenLedger is not limited by the slow confirmation times and limited throughput associated with traditional blockchain technologies. “We can transact peer-to-peer anywhere in the world in seconds. We have the ability to make all existing international exchanges members and allow their customers to enjoy the aggregated market depth of all the international exchanges existing on a shared, transparent ledger.”
Transparency and Accountability
Developed by blockchain technology experts Cryptonomex, the project is the “best of both worlds.” Users retain control over their private keys, so they can transact and hold funds without third-party interference. Exchange funds are transparently recorded on the blockchain, while users can maintain their privacy, making the funds auditable at any time by anyone for solvency.
OpenLedger Web Wallet
Boesing outlined the OpenLedger web wallet’s suite of features unavailable from other wallets on the market today.
These include:
1. Integrated block explorer
2. Multi-signature accounts
3. Access to bitAssets (e.g. bitUSD)
4. Direct access to the BitShares network
5. Access channels with no middleman control
6. Recurring payments
7. User-issued assets (similar to colored coins)
8. Global registered identity (blockchain account name)
Multiple Market Integration
Openledger web wallet provides users with an integrated block explorer, allowing users to search for Bitcoin addresses, blocks, and transaction IDs directly on the platform. The wallet also features multi-signature technology to ensure the safety of enterprise transactions and settlements.
It’s important to note that Openledger heavily relies on the BitShares 2.0 platform and the Graphene Toolkit developed by Cryptonomex. Therefore, Openledger platform’s performance depends on the performance of the Graphene Toolkit and BitShares 2.0 platform.
