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Topic: Best DEX out there? What do you guys think? - page 3. (Read 599 times)

hero member
Activity: 1778
Merit: 504
WorkAsPro
Binance DEX is my favourite DEX right now. It has a user-friendly interface and loading fast than other decentralized exchanges. The next thing is the Binance is the top exchange right now. That means Binance DEX can bring more volume than other exchanges.
Most of the projects on Binance Dex have high trading volumes and some well-developed coins will have a chance to be listed at Binance so for me this is the best decentralized exchange in the market . A lot of projects that used the ETH platform in the past have switched to the BNB platform because that's the best way to prove the value of that coin.

In my opinion, people will trend to participate in decentralized trading more and if Binance Dex has more new trading tools then this is an exchange that you should consider participating.
hero member
Activity: 1666
Merit: 753
I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?

DEXs are still new stuff and there isn't really any mature competitors out there yet, so you want to invest in the one that has the most potential as opposed to the best right now. The best right now would probably be Bisq for p2p trading.

However, I'd suggest that you seriously look into BNB.

They may not be the most decentralised, but with CZ's track record and their community dominance, I think it's clear cut that they'll be the most viable option. I think that Komodo will always be somewhat associated with anonymity which was their past, and I'm not sure whether or not that's going to be the way to go in the future.
hero member
Activity: 1138
Merit: 574
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/

sr. member
Activity: 1540
Merit: 282
tBTC - https://dapp.tbtc.network/
I think it all depends on each of us .
Of course there are perks on the new ones but we wouldn't really know if they could survive,
Just as you've said there are so many new projects out there so they are competing to get as much user as they could.
So I think it is better to stick with the old and trusted one's rather than trying to risk your money in the new project which could turn into a scam.
And I would still go to forkdelta or etherdelta if it is still running properly since they are the oldest DEX that I know.
Besides if the new projects or DEX doesn't have enough trader then it would be useless since we couldn't trade properly in their site due to a low demand.

Of course everything will depend on ourselves in choosing the DEX.
If we are talking about credibility, an old project posses it obviously but what we should think before choosing it is not only about credibility but also their userbase.
there are few old project posses a good userbase but there are many new projects posses a higher userbase.
userbase is the heart of the project, the more it has the better it becomes. That was why, I am choosing a new project over the old project because of its userbase.
hero member
Activity: 2576
Merit: 579
Binance DEX is my favourite DEX right now. It has a user-friendly interface and loading fast than other decentralized exchanges. The next thing is the Binance is the top exchange right now. That means Binance DEX can bring more volume than other exchanges.
Actually, the dex binance is only superior by volume and its name if we compare it to other exchange dex, because if for a user-friendly interface also already owned by several other exchange dex, so the dex binance is superior through the name and volume only.
member
Activity: 742
Merit: 19
Binance DEX is my favourite DEX right now. It has a user-friendly interface and loading fast than other decentralized exchanges. The next thing is the Binance is the top exchange right now. That means Binance DEX can bring more volume than other exchanges.
member
Activity: 633
Merit: 11
I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?
There's a lot like Kyber, Bancor, DDEX etc. most of them are very easy to use. In my opinion this Dex was so very safe unlike forkdelta.app need to import private. but if you don't want you can use metamask wallet for safety. Try to use the exchange I've mentioned.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?

There are lots of them available today. But not all of them are fully decentralized exchanges.
Blocknet is an interesting project. I have seen reasonable amounts of positive reviews concerning the decentralized exchange. I don't know much about it aside from what I read from reviews.
Have you tried Bisq? It's a good decentralized exchange
hero member
Activity: 1008
Merit: 501
Komodo is a very perfect selection for investment, and no doubt Komodo is trusted and they have some great developments every year. Besides Komodo, you may look into Vite Lab dex ViteX! ViteLabs is one of the top crypto projects no doubt and this year Vite labs launched its own VitrX exchange with its own Dex coin DX! Where everyone got hype on Binance DEX, Vitelabs impressed me a lot.
member
Activity: 686
Merit: 15
IDEX was my favourite decentralized exchange, it was easy to use, but then it was "improved" and I immediately stopped using it. Don't want to deal with it any more. I switched to BInance DEX, the most secure and trusted dex for now. Also I always use WAVES dex, as I am a fan of waves project.

Idex is still okay and still easy to use, only that you need to register with your email and password, and must conduct KYC if you are to withdraw more $5k/day. What you just need do is login with your email and password, and connect to IDEX with your Metamask, I am currently trading Xbase there. I can't say if Binance DeX is the most secured dex, besides they have limited tokens trading there.
member
Activity: 686
Merit: 15
I am waiting for a decentralized exchange that will support diffrent blockchains in a same time. I mean, for every blockchain we have DEX platform, but it is time to create DEX platform for all blockchains and their coins, don´t you think?

There is a project called Bandex, I read they support multi-chain. This project bounty was conducted in alphabounty0x, I wrote something about them on Reddit, I have not been following upon them. If they succeed, they will attract the needed liquidity in DEX.
sr. member
Activity: 728
Merit: 250
IDEX was my favourite decentralized exchange, it was easy to use, but then it was "improved" and I immediately stopped using it. Don't want to deal with it any more. I switched to BInance DEX, the most secure and trusted dex for now. Also I always use WAVES dex, as I am a fan of waves project.
sr. member
Activity: 1400
Merit: 259
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 for the link.

I didn't know that Waves is still working?
I used it before but there is low usage and I stayed for a month and there is not much change. Got a lot of coins under Waves but they do not even have a value because there is not much buyer.

How is it now?
Idex is a lot better than it before. I don't know the comparison now.
full member
Activity: 1064
Merit: 101
Not sure about the best one as pretty much every one of them has their strengths and weaknesses. The one I am still using the most today is IDEX, but they have lost a sizable chunk of my sympathy when they forced in the KYC process and so spoiled the anonymity of the process. As for the future, I have high hopes for Nash despite their struggle for attracting customers at the moment.
full member
Activity: 795
Merit: 108
Personally I enjoy a lot using decentralized exchanges and it seems that a lot of volume is moving into DEX lately so I'm wondering what can it mean  Shocked.

I use waves DEX as my favorite because the projects is awesome , keeping waves there brings you free coins from airdrops , you can lease your waves and earn back $ , volume is good , prices are not so different than Binance ( per example ) and they have low withdrawals fees and a lot of gateways payments.

The second one would be Blocknet dex because they are old enough and have a history on crypto space. A nice DEX with a good variety of coins and projects listed out there and more will come in time for sure. Also they have a masternode option which is pretty nice and as far as I know Blocknet still has a top tier devs working on the project.
I agree with you about WavesDex, but unfortunately, not so many investors are interested when they hear of projects that are run using the waves platform. Do you know the cause?
 For now I only use idex and forkdelta.
member
Activity: 490
Merit: 19
I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?
Blocknet is good but i prefer strong projects for example binance dex and what makes you think that dex is the future of exchange trading? idax now forced KYC on users upon lack of liquidity and volume that's still affecting all Dex
sr. member
Activity: 756
Merit: 251
I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?

Binance DEX is the best option we are left with today. Etherdelta used to be the top but after all the controversies that led to Forkdelta, it was never like what it used to be. And then IDEX came, it also became my number one choice but then it suddenly decided to require KYC. That effectively made them out of the DEX league. Waves DEX came out as a contender for a very short while. But they fizzled out very quickly. What do we have now? Nothing else but Binance DEX.
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
I see some good suggestion here, and I mostly use Idex.

There is also option of wallets with swap options and integrated decentralized exchange.
One of them is new Apollo DEX. It has private transactions integrated, but it is still in beta.

I am still looking for some alternative dex options that support Bitcoins.
legendary
Activity: 3346
Merit: 1203
Personally I enjoy a lot using decentralized exchanges and it seems that a lot of volume is moving into DEX lately so I'm wondering what can it mean  Shocked.

I use waves DEX as my favorite because the projects is awesome , keeping waves there brings you free coins from airdrops , you can lease your waves and earn back $ , volume is good , prices are not so different than Binance ( per example ) and they have low withdrawals fees and a lot of gateways payments.

The second one would be Blocknet dex because they are old enough and have a history on crypto space. A nice DEX with a good variety of coins and projects listed out there and more will come in time for sure. Also they have a masternode option which is pretty nice and as far as I know Blocknet still has a top tier devs working on the project.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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.


I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.

I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.

Also found Komodo, Bisq, and a few others..

There seems to be so many out there as of late, what do you guys think?
The best dex should be fully decentralized and it has experienced so many attacks created by hackers but it can stand without any problem.
Fork and ether delta should be the best-decentralized exchange site consider both have been attacked by hackers so many times and the hot wallets never are affected or stolen.

The consideration of best dex must not be based on how popular the team that created the dex.
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