Decentralized Exchanges - page 6. | Bitcointalksearch.org

Kasabus

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Quote from: emberbekas on February 19, 2019, 11:36:55 PM

Quote from: btccrusher on February 19, 2019, 03:20:14 PM

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.

Advantage for decentralized exchange is you can trade anonymously and you can take advantage buying on dump tokens from bounty hunters.
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

emberbekas

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Quote from: btccrusher on February 19, 2019, 03:20:14 PM

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.

chipzeru

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Thank you so much for the information about DEX. You explained it very well. The thing i like the most about DEX is i don't need to disclose my identity in order to trade there and it also more secured than centralized exchanges. BTW I'm surprised that there's a lot of DEX around. I only knew idex, forkdelta and bancor before.

Greeenmtn

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There is no highland of knowledge. Advises, suggestions, corrections and the likes are welcome, peradventure there is any. I look forward to update this thread with more DEXes as they lunch. This might also come from you. Therefore, if it is genuine and reliable, i will also add it. Thanks for your anticipated contributions.

UPDATE IN PROGRESS...
[/quote]

You can officially add LEVERJ.io to your DEX list. Launched beta on mainnet!

Decentralized Futures Exchange, non-custodial, speed of centralized exchange, and liquidity!

https://www.reddit.com/r/ethereum Then Search for LEVERJ

Twitter Announcement

fosco333

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Sometimes using decentralized exchange is is better because the volume is not easy to faked.
I don't expect you can tell many decentralized exchange. What i know most decentralized exchanges are in ETH coin, like : IDEX, DDEX, etherdelta, forkdelta, etc.. Your information is very useful for users.

btccrusher

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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.

deodivine1

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This thread is really making sense to me. You took time to put up a good post on DEX, thumbs up. Actually, the DEX I use most times is IDEX. Before I use forkdelta but with time, I lost interest due to some drawbacks. I will also advise, do not import your private key directly to decentralized exchanges, it's risky. Use metamask or other web3 extensions. Thanks

eroejoe

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Quote from: motun01 on February 18, 2019, 08:10:31 PM

Decentralized exchanges have been the real backbone of the present crypto universe, they promote anonymity the power of decentralization and offers equal opportunity to all projects that require listing on exchanges.
IDEX is my favorite erc20 DEX, its site is relatively light, very responsive and the ethereum blockchain means it is also fast and secure.
This is my personal best of all the ERC 20 based decentralized exchanges

IDEX is only decentralized exchange that I use. Decentralized exchanges are not that user friendly like centralized exchanges, and it seems to me that market really does not appriciate decentralized exchanges, especially if we compare daily users of centralized exchanges and decentralized exchanges. Despite of that, I would like to have at least an option to choose between these two, just like we have right now.

jhonjhon

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Very informative and give done insights for beginners. Some of them were new to me but it gives easier for us to check as it have links.
I'll be looking out of them the one that could have a satisfying transactions fees and mostly of them were just the same. And the next, will see the team configuration and to trace if they are legit or not.

Greeenmtn

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Quote from: 949miner on February 18, 2019, 06:27:43 PM

Base on your detail explanation, other cryptocurrency exchanges are not decentralized exchange platform? If they are not, then why do they classify themselves as being a decentralized platform?

The confusing part for ppl is the "EX" of "DEX". i.e., what constitutes an "exchange". All are non-custodial. (The "D" is not without its controversy as well...as in the degree of decentralisation to qualify for being a DEX). So there is a broad spectrum of what constitutes a DEX. Like LEVERJ is going to be a hybrid DEX, non-custodial, but with centralized order book and matching (secured by fraud proofs). https://blog.leverj.io/gluon-plasma-security-9d422180ade9

Greeenmtn

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Quote from: shinratensei_ on February 18, 2019, 06:35:04 PM

Quote from: Greeenmtn on February 18, 2019, 11:12:39 AM

Quote from: TastyChillySauce00 on February 14, 2019, 10:11:54 AM

Quote from: jagaban on February 14, 2019, 09:28:05 AM

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

The speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex

Except the LEVERJ exchange is going to run on Gluon Plasma, a side chain that will allow high speed trading and a UX similar to centralized exchanges. And other advantages, think of being in control of your coins while trading without these hassles:

Gas fees for every trade
Gas fees for every cancel
Signing every order manually
Confirmations needed for orders to be accepted
Confirmations required for fill before you can exit a position
Front running by miners
Front running by exchange operators
System unresponsive when network is congested.

Bonus: Liquidity.....

xiboothrezi

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Very useful and very informative thread. If you add information about other types of exchange (centralization) it seems that it will be better The embedded links are also very useful, because I see most of these exchanges are often used as the first place for listing new tokens.

motun01

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Decentralized exchanges have been the real backbone of the present crypto universe, they promote anonymity the power of decentralization and offers equal opportunity to all projects that require listing on exchanges.
IDEX is my favorite erc20 DEX, its site is relatively light, very responsive and the ethereum blockchain means it is also fast and secure.
This is my personal best of all the ERC 20 based decentralized exchanges

shinratensei_

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Quote from: Greeenmtn on February 18, 2019, 11:12:39 AM

Quote from: TastyChillySauce00 on February 14, 2019, 10:11:54 AM

Quote from: jagaban on February 14, 2019, 09:28:05 AM

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

The speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex

949miner

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Base on your detail explanation, other cryptocurrency exchanges are not decentralized exchange platform? If they are not, then why do they classify themselves as being a decentralized platform?

Koobtcgal

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I never knew these were all classified under decentralized exchanges. A big applaud for the OP for helping me with this. I like decentralized exchanges for the reason being that the possibility to get affected when the exchange is hacked.

solarion

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Quote from: Chemcrier on February 18, 2019, 05:19:08 AM

Decentralised exchanges are not really my thing especially those built in the Ethereum blockchain, when the network is slow, it would take hours for your transactions to be confirmed but I also dislike the fact that I have to pay transaction fee with ETH.

Decentralized exchanges always superior than centralized exchange. The vast majority of the client endeavor to overlook KYC on the grounds that our archive isn't sheltered in other individual or organization. It's dependably continues stressing over whether they are utilizing awful things. Considering all angles it makes me feel more secure.

Greeenmtn

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Quote from: trade2winnn on February 17, 2019, 10:11:11 AM

in General, they have great advantages in the fact that managers who leads these exchanges, as well as managers, just now a lot of deception divorced in the market, unfortunately there are people who are not conscientious, who are ready for different tricks, so in this case, such exchanges have great advantages

Leverj will be provably secure using fraud proofs. Do your own research. Learn more about fraud proofs at https://blog.leverj.io/gluon-plasma-security-9d422180ade9

Greeenmtn

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Quote from: TastyChillySauce00 on February 14, 2019, 10:11:54 AM

Quote from: jagaban on February 14, 2019, 09:28:05 AM

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

Chemcrier

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IMO Exchange - Customer First.

Decentralised exchanges are not really my thing especially those built in the Ethereum blockchain, when the network is slow, it would take hours for your transactions to be confirmed but I also dislike the fact that I have to pay transaction fee with ETH.

Topic: Decentralized Exchanges - page 6. (Read 3372 times)