Investing over the internet has always been risky, you have to trust someone else to deliver the product that you are paying for, and you never really know if they are legit or if they will just run off with your money and “turn off” their website.

Precious metals have been particularly affected by scam cases but blockchain technology can now eliminate the risk of fraud and make buying and selling Gold and Silver 100% secure.

In this post I will try to explain in basic terms how Bitshares platform has made buying commodities possible.

## What is Bitshares (BTS)?

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BTS is an alternative digital currency system which is used to create market pegged assets for various major global currencies and commodities. One of these market pegged assets is BitSILVER.

## BitSILVER

BitSILVER is a digital asset which works like Bitcoin, secured by a peer-to-peer ledger called a blockchain, but the value is tracked by a price feed and backed by 200% collateral.

BitSILVER tokens can be bought from other users (no middle-man) on Bitshares decentralized exchange platform. You can either download their software for windows, linux, mac or use a web version like [Open Ledger](https://openledger.info/?r=hcf27).

You can transfer your silver tokens to friends or sell them for other currencies like U.S Dollars, Chinese Yuan, Bitcoins and many more. You pay a small fee per transactions of less than 0,01 USD.

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## Why is BitSILVER safer than the rest?

In addition to the fact that you can invest anonymously, you also do not have to trust your investment to anybody else to look after. Only you can access your funds using your secret key and you can store your digital wallet on your home computer to take full control of your investment.

# Is Gold more your thing? [checkout my previous post: “The Blockchain of Gold”]( https://steemit.com/gold/@chitty/the-blockchain-of-gold)