Topic: Decentralized Exchanges - page 5. (Read 3372 times)
Decentralized exchanges give anonymity, but unfortunately they have a small amount of coins and do not work so quickly. I use Coinchangex and EtherDelta from this list.
NICE LIST!!!! Thank you for putting this up. I will definitely bookmark this so I have referrence about these exchanges. I consider myself still a newbie, and true to its word - I am! I only know of forkdelta and Idex as they are the only dex I use. I use more Idex though its a challenge to meet the minimum trades as I have only a small amount of tokens. I will definitely explore your list and see if my tokens are in there. Thank you.
Thanks to decentralized exchanges and peer to peer exchanges you can stay completely anonymous, that is good because privacy matters.
It's certain that DEX is the best backbone that supports cryptocurrencies, usually distributed ledger tech are being used to achieve this. Peer to peer trading community is what makes cryptocurrencies special. Personally I use Bitrus as my platform for crypto exchanges because it supports 50+ altcoins and repurchase strategy. I also love its user-friendly interface with a lot of tools designed for beginners.
Decentralized exchanges do not have enough volume, but this is due to popularity.
What ? If they are popular then why they dont have enough volume ? That should be the opposite . like for example binance got alot of volumes because binance is verry popular .
What you really mean to say is that decentralized exchange are not popular enough comapred to centralized ones because decentralized exchange mainly foccuses on altcoin and erc20 type coins . these kind of exchanges are seemlesly buggy and slow .
Decentralized exchanges do not have enough volume, but this is due to popularity. When decentralized exchanges become more popular, then the problem with small volumes will be solved by itself.
They need to earn the reputation to be popular. Binance has a plan to launch their decentralized exchange this year and I guess this is a big news that would certainly affect the decentralized exchanges
in a positive way. when people are satisfied with this upcoming decentralized exchange, it would easily result to an increase of volume.
It seems to me that the volume of daily trades on the trading platform is also important, and also if we are talking about a certain project, then what are the daily turnover of sales and purchases of the corresponding coin at a certain exchange.
That not withstanding, it is because we d not yet understand the benefits behind it, that is why volume has been one of the issues on decentralized exchange.Volume is a little issues, if we have traders.
The CEXes today that have a lot of volume, got that as a result of the promotion that the team of those exchanges were able to do. If this same act is replicated on DEXes, there will be improvement.
Decentralized exchanges do not have enough volume, but this is due to popularity. When decentralized exchanges become more popular, then the problem with small volumes will be solved by itself.
When everyone understands the advantages of decentralized cryptocurrency exchanges, and the exchanges themselves will have a more friendly and understandable interface, then the question of volume and liquidity will disappear by itself.
Decentralized exchanges do not have enough volume, but this is due to popularity. When decentralized exchanges become more popular, then the problem with small volumes will be solved by itself.
When everyone understands the advantages of decentralized cryptocurrency exchanges, and the exchanges themselves will have a more friendly and understandable interface, then the question of volume and liquidity will disappear by itself.
Decentralized exchanges do not have enough volume, but this is due to popularity. When decentralized exchanges become more popular, then the problem with small volumes will be solved by itself.
I believe that decentralized exchanges will actively develop in the near future. It seems to me that many people trust such exchanges more than ordinary ones.
DEXes are great and very safe, but the problem is that there are too many trading pairs and if you a trader it is not so efficient to trade on DEXes. Thats why we need a decentralised exchange will a lot of trading pairs and great volume.
I always choose decentralized exchanges like 0x, CDEX. I found them more reliable and really trust them. Because Blockchain technology actually base on decentralized. Thats why i prefer it.
I came across an exchange which calls itself a DEX, yet, it is asking users for kyc, most especially none Koreans. The name of DEX is Allbit.
If you do not get your kyc done, there is limit to the amount you can withdraw.
My concern now, is that, should that be called a DEX?
If you do not get your kyc done, there is limit to the amount you can withdraw.
My concern now, is that, should that be called a DEX?
Surprising, there are so many DEX I never knew. Out of this massive list, I only use Crypto Bridge and Allbit. Often I try to avoid DEX for its slow loading process, limited listed coins, and small trade volume. I think we need a clean and faster DEX for everyone so it gets more liquidity.
Idex and etherdelta are the most common decentralized exchange I use especially when I want to buy erc20 tokens or when I want to sell it. For regular trading, I still use the centralized one since I mostly trade in btc/fiat pair. Decentralized exchange is good at one side but centralized exchange still better at some points.
Thank you of course for the selection of exchanges , but of course in all these exchanges there is the only main disadvantage of little liquidity on all coins and sometimes have to wait for weeks or months to someone bought .
Decentralised exchanges are the true peer to peer exchanges, best for anonymity of transactions, low transaction fees and no maximum withdrawal unlike in centralised exchanges.
The lunch of the BinanceDEX testnet which will be on the Binance chain, is a good development, considering the speeds at which it is operating. Very soon, we will be seeing more traders on decentralized exchanges.
Transaction speed has been an issue for decentralized exchanges and I think BinanceDEX is one of the DEXes that will be solving it.
Transaction speed has been an issue for decentralized exchanges and I think BinanceDEX is one of the DEXes that will be solving it.
Surprising, there are so many DEX I never knew. Out of this massive list, I only use Crypto Bridge and Allbit. Often I try to avoid DEX for its slow loading process, limited listed coins, and small trade volume. I think we need a clean and faster DEX for everyone so it gets more liquidity.
Idex and etherdelta are the most common decentralized exchange I use especially when I want to buy erc20 tokens or when I want to sell it. For regular trading, I still use the centralized one since I mostly trade in btc/fiat pair. Decentralized exchange is good at one side but centralized exchange still better at some points.
I use IDEX over Etherdelta because it's more popular now and has a cleaner interface compared to Etherdelta but I think there will be a big decentralized exchange that is soon to come, which is the Binance Dex.
Relevant news about this one has a latest publication today.
New Binance DEX Testnet Launches in Less Than 24 Hours: Here’s What Users Need to Know
By the time the Mainnet lunches, i will do the update.
I have been waiting for it.
Saw this on Twitter this morning, "The Binance "DEX" is as much a DEX as JPM coin is a cryptocurrency. ¯\_(ツ)_/¯"
https://twitter.com/WhalePanda/status/1098168819045019650
Surprising, there are so many DEX I never knew. Out of this massive list, I only use Crypto Bridge and Allbit. Often I try to avoid DEX for its slow loading process, limited listed coins, and small trade volume. I think we need a clean and faster DEX for everyone so it gets more liquidity.
Idex and etherdelta are the most common decentralized exchange I use especially when I want to buy erc20 tokens or when I want to sell it. For regular trading, I still use the centralized one since I mostly trade in btc/fiat pair. Decentralized exchange is good at one side but centralized exchange still better at some points.
I use IDEX over Etherdelta because it's more popular now and has a cleaner interface compared to Etherdelta but I think there will be a big decentralized exchange that is soon to come, which is the Binance Dex.
Relevant news about this one has a latest publication today.
New Binance DEX Testnet Launches in Less Than 24 Hours: Here’s What Users Need to Know
By the time the Mainnet lunches, i will do the update.
I have been waiting for it.
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