Volume 24H: $1,020,287
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.
Crypto Currencies Support
Traditional Currency Support
- Euros (EUR)
- US Dollar (USD)
- European Union
- Hong Kong
- Most Africa
- Most of Asia
- Most of Eastern European Union
- Most of Latin America
- Most of the Middle East
- New Zealand
- Russian Federation
- United Kingdom of Great Britain and Northern Ireland
- United States of America
- Web Interface
Stock Market Options
- Allows customization of charts
- Allows Advanced and Basic option
- Limit Order
- Market Order
- 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.
Advanced Security Features:
- Ability to define a withdrawal white list
- 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.
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.
Deposit from bank account, Withdrawl funds to bank account, Send/Receive Crypto
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.
Lack of customer support, functionalities not working