BitShares Forum

Main => General Discussion => Topic started by: barnabygraham on January 01, 2018, 12:43:44 pm

Title: Value of open.X vs X or bit.X vs X
Post by: barnabygraham on January 01, 2018, 12:43:44 pm

Greetings all,

Apologies if this information is easily accessible, I can't find it without making some trades which I don't want to make!

I'd like to know what they value of open.eth is compared to eth? How do I find this out? The same goes for any pair like this. How many open.eth's are worth an eth?

All advice appreciated, thanks!

Title: Re: Value of open.X vs X or bit.X vs X
Post by: pc on January 01, 2018, 08:26:19 pm

OPEN.ETH is an IOU for actual ETH, issued by OpenLedger (a company registered in Denmark). As long as the company does not go broke, you can exchange OPEN.ETH for ETH (and vice versa) for a small fee, i. e. close to 1:1.