A LITTLE INTRODUCTION
Today Life Time membership has been a big deal around the bitshares community. First off for those of us you don’t know about bitshares yet, here’s a summary for you; bitshares is the world’s first decentralized exchange; this means that unlike centralized exchanges (like bittrex, poloniex, binance, etc.) that do not give you access to your private keys but hold all your coins, in bitshares exchange you actually have access to your key backup and more so when a trade is placed actual coins are sent. It also runs one of the most active blockchains on the planet as seen on blocktivity.info.
WHAT IS LIFE TIME MEMBERSHIP ON BITSHARES?
Over the past few years centralized exchanges have made massive profits from our trades whether buy or sell, some exchanges charge as much as 0.5% per transaction. This is why I love decentralization power is given back to the people. lifetime members in bitshares gets 80% cashback on every transaction fee they pay and also qualify to earn referral income from users they register with or register to the network. The cost of becoming a lifetime member has changed from time to time, from 1,456BTS (over $300) to what it cost right now 110.81568BTS (less than $50) temporarily.
REQUIREMENTS FOR A BITSHARES ACCOUNT
Much Unlike regular excahnges where you have to upload all your IDs with no more privacy because of regulations then you have to await approval of those IDs which may take several days or weeks. Setting your bitshares exchange account is very easy and straightforward. all you need is a good device, smartphone or PC. This tutorial is targeted at helping you register for a lifetime account.
Also note, lifetime account is OPTIONAL but you don’t get referral bonus with a free account and also the 80% cashback, you will need to subscribe either for a year or for a lifetime account.
HOW DIFFICULT IS THIS TUTORIAL?
this tutorial is considered to be intermediate and easy for anyone to understand, just watch the video and read the materials i will drop.
BEFORE YOU BEGIN
Signup HERE if you don't have an account or Sign in directly to your Bitshares account if you already have one.
So once you're signed in, you can proceed with the video below;
HERE’S THE VIDEO
Here's how my link looks like:
bitshares.openledger.info?r=qmmqxdqq
SUMMARY
Bitshares exchange is the beginning of the era of decentralized exchanges and buying bitshares at its current value is a great buy. However it’s not financial advice its just some words from a local blogger who found his steem.
Thank you very much for going through my tutorial, please if you have any suggestions, questions and corrections, please kindly drop it in the comment section below and I'll be glad to go through them together with you.
Posted on Utopian.io - Rewarding Open Source Contributors