Hey Tim. Compicated but usable (no volume) so nearly dead.
I transferred 5000 Steem to BitShares a couple weeks ago. When tried to withdraw 1000 Steem as a test, it was transferred to some entity and got stuck there. I would have to look up what it was. I don't fully understand BitShares, but I do know that it is decentralized and uses private keys. Like Steemit, you need a lot of hand holding to get started with BitShares.
If there were more volume there, I would be trading hundreds of thousands on BitShares. "Website" exchanges can't gain more than 30k of my trust. I have seen too many of them get hacked. I am nearly all liquid right now with nowhere to put it!!! Thinking Bitcoin - Cold Storage, but with no shapeshift and bloctrades using wrong figures for coin prices - no dice.
Thanks for your feedback on it. I've tried it a small amount - similar to you, but I haven't really learned enough about it yet to really make a good judgement on it. I know a lot of the users here are very heavily involved in it, so I feel like it is probably pretty solid.
I know it's solid for sure. Just no volume so trading a full bitcoin would take weeks.
I have heard that even though there is not high volume with pending market orders, that if you put a larger order on the books that a lot of times the bots will jump in and fill it. Any experience with that?
I tried trading on BitShares about 2 months ago and never got an execution. That and the failed withdrawal are my only two experiences.