Openledger

Openledger

Openledger
In Social Media:
Complex Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $151,513

Openledger is a decentralized exchange service maintained by a Denmark-based company that offers support for numerous altcoins and crypto trading pairs against fiat currencies (USD, EUR, CNY). The full trading platform also assists users in their ICO launches with OpenLedger Crowdfounding Services and in purchasing the newest tokens on the market.

Open Ledger is definitely not intended for the average Joe. The platform navigation is stuffed with buttons that require a thorough FAQ reading in order to find your way through the exchange. However, the UI is accessible and opening an account is quite easy as it doesn't require any registration or KYC protocols to get started.

Traditional Currency Support

  • Euros (EUR)
  • US Dollar (USD)

Language Support

  • Chinese
  • English
  • French
  • German
  • Korean
  • Russian
  • Spanish
  • Turkish

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows Advanced and Basic option

Advanced
Options:

  • Limit Order
  • Market Order

Special
Services:

  • Margin Trading x1.75

Openledger security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
User
Storage Type
User is responsible for key storage

Advanced Security Features:

  • Ability to define a withdrawal white list

Security Features:

  • SSL
  • Protection from DDoS attackes

The Open Ledger platform is run and maintained by a company managed by Ronny Boesing, an internet marketer and financial geek. The business is made up of two entities, the OpenLedger DEX (exchange) and OpenLedger's Crowdfunding Services, through which they back up ICOs. In 2017, they received $1.6 million in seed funding from a group of unnamed investors from China, the United States, and Europe.

Summary:

Open Ledger is a Danish crypto exchange. Although the platform provides support for several less-popular tokens, this service is not very popular, there is very little information available about the company behind it, and already there have been reports about poor customer support and functionality issues.

Ease of use
Complex
Transaction Fees
It's free (fees may be hidden)
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
1.1+
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto

Functionality:

Open Ledger allow users to trade in over 50 digital coins and make deposits and withdrawals only through bank transfers. The platform also includes an advertising technology called HubDSP, tokens called OBITS (reward-based tokens), equity-based investments, and a crowdfunding system called ICOO. Together, these services are known as the ecosystems of the decentralized exchange.

Most common
customer complaint:

Lack of customer support, functionalities not working