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Topic: Best DEX out there? What do you guys think? - page 2. (Read 599 times)

hero member
Activity: 1666
Merit: 453
There is only one DEX i am using now and that is BINANCE DEX, i never had an issue on that exchange and the speed rate is very accurate and fast.
I am actively trading EOSBET on there, the volume is good for me as of now and they only have a few tokens/coin in their platform
They are not listing everyone who wants to be in, they have a good team filtering it before listing.
full member
Activity: 392
Merit: 116
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Idex has always been my previous choice, it makes me happy. However, the arrival of Binance Dex made me change my mind, I switched to using Binance DEX because it is safe and has a stable trading volume.
sr. member
Activity: 770
Merit: 250
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IMO WavesDEX is the fastest (almost fast as a centralized exchange) and easiest available DEX nowadays.
Gateway allow you to trade with BTC, ETH, ect... and fiat.

Even if you don't endorse Waves, you are not forced to trade with Waves pairs.

https://dex.wavesplatform.com/


What are the fees for waves dex exchange?
And is KYC procedure mandatory for normal use or only when using FIAT?

I have it installed, but I did not used it recently at all.


Taker fee:0.003 waves
Maker fee:0.003 waves
Withdrawal fee:0.003 waves
hero member
Activity: 3024
Merit: 745
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You probably missed that I've given already this link.  Cheesy
BISQ and Komodo are good choices. Maybe you want to try Binance DEX too.
Binance DEX is not a decentralized exchange site but that's a centralized exchange site. The main purpose of decentralized exchange site to create an exchange site ecosystem that is not fully controlled by a single party. Binance has over control to the binance DEX and that's centralized.
Yeah, it's not fully decentralized but as I've said maybe he want to try it because it's "Binance". A known exchange that he can trust with if he's too careful with the exchange that he's choosing. I've known it that it's not totally a DEX because CZ already hinted for that.
member
Activity: 845
Merit: 52
For now, as long as I am concerned, IDEX has the highest volume of liquidity, recently they changed their policy and introduced KYC, which has cast some few on some traders who just want to stay and remain with some level of anonymity. Ddex is another DEX I love but does list anything which is not healthy and has low liquidity.
full member
Activity: 798
Merit: 104
IDEX was my favourite decentralised exchange, until they implemented the KYC process. Right now, Binance dex is looking good, but I still do not trust Binance. Thats why my number one right now is Forkdelta, however they are already collecting funds to survive.

Im also an Idex fun because theres a lot of erc based token that you can buy in this exchange site but unfortunately the KYC system is a shity for decentralized exchange site thats a reason I switch to binance dex but its not 100% dex.
member
Activity: 406
Merit: 10
IDEX was my favourite decentralised exchange, until they implemented the KYC process. Right now, Binance dex is looking good, but I still do not trust Binance. Thats why my number one right now is Forkdelta, however they are already collecting funds to survive.

The Binance DEX, is not a REAL DEX. All the nodes controlling and verifying the transactions is owned and controlled by Binance themselves.

Blocknet seems to be an awesome DEX just need more volume like the rest of the DEX's out there Smiley
sr. member
Activity: 1050
Merit: 377
Yes  Idex one of the best decentralized exchanges with good liquidity.
It has partially become centralized, but it has no analogues for trading in this niche.
 
But I don’t agree about delta. There is terrible liquidity and very slow execution of orders, as well as its updating.
sr. member
Activity: 1050
Merit: 377
BISQ and Komodo are good choices. Maybe you want to try Binance DEX too.
IDEX was my favourite decentralised exchange, until they implemented the KYC process.
I stopped using them, I also used them before and I think that they were the best during the old times but it has changed. @OP other DEXs that you can try.
9 Best Decentralized Exchanges That You Can Use To Trade NOW

Thanks, not a bad set of decentralized exchanges. I suppose Index was not included in the list because of its centralized innovations.
Frankly, I have not heard about all the exchanges on the list. I wonder how significant the problems with liquidity are on the most popular of them.
sr. member
Activity: 1176
Merit: 265
I think that you are asking which DEXs have the highest trading volume, right?
Because all DEXs are similiar, but they have a different number of users and daily trading volume.

For example ETH DEX with high volumes are: IDEX or EtherDelta.  Smiley
full member
Activity: 882
Merit: 112
Your Data Belongs To You
Just think of the concept in more depth before you go and invest in those so called dex.

The 2 most popular and famous dex exchnages are etherdelta/forkdelta idex. Both of them in reality are not dex and are centralised.
Evry project claiming that they will make dex is not true, they will profit from them and that means that they will be centralized.
sr. member
Activity: 840
Merit: 268
Best DEX for me is IDEX. That's the dex I was using before and I think it is still decent up to now. Almost all new coins are on that site and it's good to use since it's more user friendly than any other dex. My friend recommended this to me if I remember it correctly. I just don't know about any other dex popular now. But, when I was active trading, IDEX is the one I use.
legendary
Activity: 2086
Merit: 1282
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IDEX exchange is fine, and I don't think KYC is mandatory,
but problem is it only Ethereum based, and Bitcoin is not supported with other coins.
There is wrappedBTC - WBTC, but KYC is needed for that
sr. member
Activity: 617
Merit: 253
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Forkdelta fully embodies the concept of a decentralized exchange, but it is almost impossible to trade on it due to the lack of liquidity.
As for IDEX, this problem is solved there. In addition, Idex has a much more advanced design and speed.
Right, compared to forkdelta then I think idex has better features and good design. But if I have to choose, forkdelta seems the right choice even though liquidity is low but I like it more.
But still, dex exchange has a weakness where the price of tokens/coins traded there tend to be cheaper than other exchanges.
Some coins in forkdelta has good volume. More volume than IDEX too. The reason for this is a similar exchange forkdelta was hacked and coins for stolen. How on earth can someone hack a decentralised exchange?
IDEX has order delay problem when the volume is very high just like other decentralised exchanges. So it doesn't matter both are same and can be good/bad.
legendary
Activity: 2464
Merit: 2094
Forkdelta fully embodies the concept of a decentralized exchange, but it is almost impossible to trade on it due to the lack of liquidity.
As for IDEX, this problem is solved there. In addition, Idex has a much more advanced design and speed.
Right, compared to forkdelta then I think idex has better features and good design. But if I have to choose, forkdelta seems the right choice even though liquidity is low but I like it more.
But still, dex exchange has a weakness where the price of tokens/coins traded there tend to be cheaper than other exchanges.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
IDEX was my favourite decentralised exchange, until they implemented the KYC process. Right now, Binance dex is looking good, but I still do not trust Binance. Thats why my number one right now is Forkdelta, however they are already collecting funds to survive.
Actually forkdelta and idex both of the most using decentralised exchanges. Specially i using forkdelta from long times ago. Also Forkdelta was my favourite. Forkdelta is very easily accessible DEX so that i like it. Definitely Binance DEX is enough legitimacy because which is a platform of Binance but i don’t know what's the wrong with you in this DEX. Just i didn’t use it for their some difficulty features.                

Forkdelta fully embodies the concept of a decentralized exchange, but it is almost impossible to trade on it due to the lack of liquidity.
As for IDEX, this problem is solved there. In addition, Idex has a much more advanced design and speed.
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
IMO WavesDEX is the fastest (almost fast as a centralized exchange) and easiest available DEX nowadays.
Gateway allow you to trade with BTC, ETH, ect... and fiat.

Even if you don't endorse Waves, you are not forced to trade with Waves pairs.

https://dex.wavesplatform.com/


What are the fees for waves dex exchange?
And is KYC procedure mandatory for normal use or only when using FIAT?

I have it installed, but I did not used it recently at all.
legendary
Activity: 3178
Merit: 1054
I will choose the latest one other than the old one, there are many projects based on DEX out there as you mentioned above.
but only a few of them caught my attention, have you heard vite? a new DEX project with a dividend.
try to compare them from their technology, activity and entry point.
I can not guarantee you will like it, but I can guarantee you that vite is very active in developing their system and gaining popularity. That is the point plus in choosing a new project other than the old one.


there is a similar project i saw weeks ago and they were doing bounty campaign here. its name is vitex, they do have a dividends program as well that by holding Vitex token, a holder will get VX coin which has value of some sort in their exchange. quite an interesting economy inside their exchanges and the team has reputable member with them from a reputable exchange as well.

i'm sure you can find its thread when you google Vitex exchange. have no clue but it their exchange is live, it must be good.
legendary
Activity: 1316
Merit: 1145
most of my coins are erc20 and the other small part is BEP2. for erc20 I use forkdelta and IDEX. and I feel comfortable. the other is Binance.org and this is also good. many out there new dex have been born. but the best trading volume is only on forkdelta and IDEX. Binance.org
sr. member
Activity: 770
Merit: 250
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I personally like waves DEX. It is fast and has not expensive costs.
But you want to invest in a DEX project, so maybe you should look not only for the usability but also for popularity.
It's a pity, but often wins mass over class.
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