Topic: [ANN] [ProofOfKeys in 2019] Top 3 Decentralized Successful Crypto Exchanges (Read 131 times)

The concerns around centralized cryptocurrency exchanges being hacked, corrupt, or operating illegally has spread fear amongst traders for years. From Mt. Gox (the largest crypto exchange in 2013) closing its doors and leaving its users without ~850,000 BTC to the 1Broker exchange recently seized by the FBI, you can assume the worst when it comes to leaving your coins in these companies hands.

Today, we’ll discuss the recently introduced Proof Of Keys movement that could reveal the scammers among centralized exchanges and why you should consider a decentralized exchange (DEX) in 2019. We crafted a list of the most advantageous DEXs that you can use, as a trader or just simple crypto owner.

1)  IDEX
IDEX is a decentralized exchange for trading Ethereum (ERC-20) tokens. IDEX combines the speed of centralization with the security of blockchain settlements.

Advantages:

Real-time
Fills multiple orders at once
Low gas costs
Smart contract protection
Access to analysis tools
Market making rewards
Community trust

2) VDex  
VDex is a tradable digital assets platform that integrates the Vespucci analytical interface and its own Verto wallet. Its users maintain their own private keys for VTX and a vast array of other digital assets even while trading.

Advantages:

Easy to use interface
Non-custodial trading
Multi-currency wallet
Enhanced wallet with orderbook “mining” capabilities
Flexible, compatible and open orderbooks for accessing cross-chain liquidity pools
Multisig, atomic swap, and Loopring transactions
Swappable and additive decentralization protocols. Tendermint BFT, parsec and raft on top of EOSIO dPOS triggered by AI according to network state
Fully open source
Evolving architecture*
*vDEX is part of a more complex DAE (digital assets ecosystem) that is governed by a DAO (decentralized autonomous organization) represented by a member-driven foundation and a third party partnership structure that ensures its ability to become self-regulating, self-funding, and autonomous.

3) Paradex
Paradex is a relay platform that allows customers to trade hundreds of Ethereum (ERC-20) tokens directly from their own wallets.

Advantages:

100% decentralized
Peer-to-peer relay
Hybrid solution with decentralized components of a relay and off-chain architecture for everything else
Doesn’t require user accounts or taking custodianship of users’ funds
Real-time trading experience
Generic price discovery
Backed by Coinbase