RE: Coinbase just announced a crypto investement fund! by tombort

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Viewing a response to: @knircky/coinbase-just-announced-a-crypto-investement-fund

· @tombort · (edited)
Great news anyway. For adoption for sure, but i think that the real future is on decentralized exchanges anyway. 
I trade only on BitShares. Yes I'm limited a little (BTC, ETH, EOS, STEEM,  ... and some 20 other coins in form of pegged assets nominated in core token BTS)  
They have even GOLD and SILVER pegged tokens so I can trade commodities too.
But the greatest pro is security and anonymity. Everything is happening on BitShares blockchain (like Steem) and I have full time control over my funds (Only I have my private key of BTS wallet).

There is also bitUSD and bitCNY tokens pegged to USD and CNY. (no theter mumbo jumbo or shifting funds on and off the exchange). Currently I hold all my stable wealth in CNY because from 11. feb CNY goes up 3.6% against USD. And when the wind changes I will simply transfer funds back to USD).

But the best of the best are fees. Currently typical fee (for trading BTS) is 0.00092 BTS this is $0.00015 per trade so I can make 63 trades for a cent.

You definitely have to try it. If you decide to do that. My advice to you is always welcome.

Be good :-) !
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