How is BitShares different from Bitcoin?

With Bitcoin, it is useful for making direct payments to a counterparty in Bitcoin. However, if you want to trade Bitcoin for other assets, you either have to find a counterparty yourself or send it to a centralized exchange and trade there.

Finding a trading partner on your own can be challenging, and if you send your Bitcoin to a centralized exchange and that exchange shuts down, there is a risk that your Bitcoin may not be returned.

However, BitShares is different.BitShares is both a wallet and a decentralized exchange, so the cryptocurrency assets placed in BitShares (you can also send Bitcoin to BitShares) can be traded directly on the decentralized exchange.

Since BitShares is a decentralized exchange using blockchain technology, it cannot be shut down by anyone and is safer than sending cryptocurrency to a centralized exchange. Therefore, by using BitShares, you can trade cryptocurrencies safely.