My understanding is that you need to have the Ether address that holds the coins at the time of the snapshot, around 23 hours after the crowd sale ends if I recall, registered. There are instructions on eos.io.
Alternatively I expect any coins sitting on a reputable exchange will be converted for you.
It would be amazing if the OPEN.EOS sitting in a Bitshares account would automatically convert. Can anyone confirm that?
I would hope so but I don't really use Bitshares very much. So maybe someone with more knowledge can chime in.
Okay I will check it out on eos.io thanks.