Do not sleep on DEx Exchange tokens | Bitcointalksearch.org

Kalchef

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Quote from: bittraffic on April 11, 2023, 08:10:45 PM

New dex tokens are new. These are all unknown, I'm not sure if it has ANN thread here.
You will need to find out whether they'd survive in the next bear market because if not, they'd just die. The old DEX tokens might just be the one you'd prefer but like any other altcoins, you will also need to sell them right in the bull season otherwise you'd lose more money when prices dive.

The time is may 2024, have you gone back to check on these tokens ? Anyone who bought velodrome last year around $0.03 would have made a lot of money because few months later it top at $0.35 that's alot, and now it is still kicking ass, if this project is bad it would have died now that most altcoins are struggling.

Out of all the four I dropped, it is only Zigzag that failed to do well, all others passed the check mark.

LastKiss

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

Many new DEX coming up right now due to negative news previously about Centralized Exchange (CEX), but we need to be careful to pick new DEX out there. Right now I'm still sticking to old DEX like Uniswap, pancakeswap, quickswap, etc. since I already have my trust in those websites so I already feel lazy to find another DEX to use.

bittraffic

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New dex tokens are new. These are all unknown, I'm not sure if it has ANN thread here.
You will need to find out whether they'd survive in the next bear market because if not, they'd just die. The old DEX tokens might just be the one you'd prefer but like any other altcoins, you will also need to sell them right in the bull season otherwise you'd lose more money when prices dive.

GreatArkansas

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

(....)
Waiting to here from you guys which dex token is the best on your radar as we speak.

Decentralized Exchanges (DEX) are indeed bullish right now. With recent issues from centralized exchanges, like the downfall of FTX Exchanges, a lot of people now trading on decentralized exchanges (DEX) which you can even create futures trading on it.
Another thing to watch out for is on the Arbitrum network, where this GMX and GNS are also available on the Arbitrum network, another is Vela Exchange, they are still in Beta, and I'm looking forward to them too.

newdevices

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I think DEX tokens will also be difficult to increase, especially with the recent case of Sushiswap being hacked.
Obviously this will make users also worry about installing liquidity on a DEX platform. In my opinion,
currently it is better to hold coins from metaverse, NFT, or AI.

jacafbiz

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I do agree with you on this, I can see DEX exchanges gaining more market share as time goes by, and as they gain more market share the value of their tokens, they are likely going to keep appreciating, exchange tokens are just one of the selected few tokens in the space that have use cases unlike most of the useless governance tokens we have in the space

fvb

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An interesting expression is not to sleep on tokens. With my lifestyle, I have long forgotten what restful sleep is. Joke. It’s just that when I entered the cryptocurrency space, I began to think more than before. Because you constantly monitor all the news and generally follow the development of events. And so there are no favorite dex tokens.

Salahmu

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Trading Dex token is not really my thing but rather I trade when there is a coin I know will profit me, so I only prefer day trading as to avoid losing money.

Hairynipples

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Quote from: Kalchef on March 22, 2023, 09:49:33 AM

Bup!

Pardon you

bastian466

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Quote from: Mr. Magkaisa on March 24, 2023, 02:05:05 AM

Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

- I didn't like any of the dex platforms you mentioned though I have dexes that I use anyway, but I don't use them very often. DEX is fine as long as it has a good reputation in this industry.

As long as the DEXs that I use just recently were Biswap, Quickswap, then the others that I think are okay, I used to use pancakeswap but now I don't anymore because hackers and scammers got into it.

In the absence of third party intermediaries hacking and scammers can still occur so which one is the safest between dex and cex? the thing that I have experienced is if I want to do a token sale, if I am asked to choose between dex and cex, I prefer cex

StormHawk

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There are too many decentralize exchanges and most of them won't be adopted, every chains like Arbitrum, Optimism and others have different type of dex tokens, it is alarming and not needed, the most newest dex that has good utility right now is integral and people aren't even adopting this project yet. Be careful with those that has high staking APY, they are not going to be around for a long period of time.

asriloni

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Quote from: VRExpress on March 24, 2023, 01:52:24 PM

High APY will end up killing any project, this is what makes altcoins very risky, and not all Dex will survive,

Agreed, High APY was just used to attract people to come in for short term. People will farm it and then dump it.

Quote from: VRExpress on March 24, 2023, 01:52:24 PM

there are just too many dex right now, there is GMX and Vela too, I don't if this numbers of Dexs are really needed, oh I almost forget about Integral, they are high risk and I advise everyone to be cautious with them.

It's almost any new blockchain will have new dex. There are so many dex exist in the market and yeah these dex have very very small daily trade volume caused by the only one that can be a winner. People were just creating dex for money purpose only.

The main purpose for the creation of dex is to get hype and the developers behind these dex are starting to release their own tokens. They were also allocating some tokens for their themselves.

Launching dex during the hype of new blockchain = new users and volume.

Bitcoin_people

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Cex exchange coins are the best among Cex and dex. Because many times DEX exchanges have many problems to sell tokens and there is no liquidation so investors cannot sell tokens. And dex exchange tokens don't increase that much I would definitely choose Cex exchange tokens. Because earlier I bought some tokens like this from DEX exchange but later I couldn't sell there and I lost my money. So you don't lose money if you invest tokens in sex exchange.

VRExpress

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Quote from: Jackl87 on March 24, 2023, 12:58:55 PM

Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.
1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol
Waiting to here from you guys which dex token is the best on your radar as we speak.

Recently i followed the messages of some people on telegram, that have invested into Oreo-Swap and Zyberswap. Both Dexes are based on the Arbitrum-chain if i remember correctly. Both of those people invested very early into those projects and especially the guy that invested into Zyberswap made a huge amount of money. If i remember correctly, he invested 3000$ and made way more than 200k $ profit, because the farms were paying such a high APY and obviously the price of the token did pump for a few weeks.
It is also obvious though, that after a few weeks the price began to dump heavily because such high APY's are just not sustainable for more than a few weeks.
So i would guess that 9 out of 10 new Dexes never really take off and the other 10% are only really hot for a few weeks then they crumble.

High APY will end up killing any project, this is what makes altcoins very risky, and not all Dex will survive, there are just too many dex right now, there is GMX and Vela too, I don't if this numbers of Dexs are really needed, oh I almost forget about Integral, they are high risk and I advise everyone to be cautious with them.

Jackl87

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.
1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol
Waiting to here from you guys which dex token is the best on your radar as we speak.

Recently i followed the messages of some people on telegram, that have invested into Oreo-Swap and Zyberswap. Both Dexes are based on the Arbitrum-chain if i remember correctly. Both of those people invested very early into those projects and especially the guy that invested into Zyberswap made a huge amount of money. If i remember correctly, he invested 3000$ and made way more than 200k $ profit, because the farms were paying such a high APY and obviously the price of the token did pump for a few weeks.
It is also obvious though, that after a few weeks the price began to dump heavily because such high APY's are just not sustainable for more than a few weeks.
So i would guess that 9 out of 10 new Dexes never really take off and the other 10% are only really hot for a few weeks then they crumble.

StarKay

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

I don't trade on DEX often but I am happy I come across your post, it was very helpful. I'll be doing my research on the tokens you just listed. From my experience one has to be careful with DEX other than Uniswap and Pancakeswap.

fuguebtc

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

After all, they are all altcoins, and there is always a risk when investing in altcoins. Don't be fooled easily, they are taking advantage of the crash of FTX, and many decentralized exchanges are hyping things up, and if you are not alert, you will most likely become liquid for sharks. All altcoins are equally risky, I do not own any of the tokens you mentioned and do not intend to invest in these. Investing in altcoins, we should only focus on ETH, and layer1 projects will be more sustainable than these junk projects.

onecall123

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

I haven't heard of any of these dex platforms before, but I have used dex in the past. In the past, I've used PancakeSwap and ApeSwap, but right now I tend to use centralized exchanges most of the time. Yes, I do hold some dex tokens and plan to keep it until the next bull market comes around. You never know what could happen next, and there's always a chance to shine.

Quote from: Mr. Magkaisa on March 24, 2023, 02:05:05 AM

As long as the DEXs that I use just recently were Biswap, Quickswap, then the others that I think are okay, I used to use pancakeswap but now I don't anymore because hackers and scammers got into it.

In my opinion, dex platforms provide a more secure way for users to trade cryptocurrencies compared to centralized exchanges. This is because dex platforms rely on Smart Contracts and don't hold user's assets. As long as you make sure you're visiting the right address, you should be good to go.

Henrobakkara

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

Just yesterday I tried to use ZigZag for some transactions and it was a horrible experience. I chatted with the admin on discord and still was unable to get a resolution. I might not know all these other exchange tokens but ZigZag is certainly not the one for me to even trade. I believe DEXs are a go-to these days and there might be some that their token will do well but someone needs to be careful in choosing.

Mr. Magkaisa

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

- I didn't like any of the dex platforms you mentioned though I have dexes that I use anyway, but I don't use them very often. DEX is fine as long as it has a good reputation in this industry.

As long as the DEXs that I use just recently were Biswap, Quickswap, then the others that I think are okay, I used to use pancakeswap but now I don't anymore because hackers and scammers got into it.

kaseygriffin

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Quote from: btc_angela on March 23, 2023, 06:30:17 AM

Quote from: kaseygriffin on March 23, 2023, 05:06:57 AM

~

And if I'm not mistaken, DEX has been in the market for so long already, nothing against them, but it seems that they are still very far away from their counterpart as far as gaining audience or consensus in the market.

With that, as much as what layer or token they released in the public, there could be investors who are still in the fence. Yes, we all know that it's better to trade on DEX as we have total control, but still though it's the question of liquidity and other limiting factors for traders, just saying.

I don't want to use the word HYPE, but actually I feel that when a trend breaks out, people talk about it too much and try to fud the competition.
But perhaps the familiar behavior from users entering the market has formed the occasional habit with DEXs, although admittedly some DEXs perform quite well in the market.
But it is speculated that when the market goes up, people will talk about decentralization again, and then the dex environment will be celebrated again.

o48o

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I am not hodling any but i have noticed that when ever big centralized exchange gets into trouble, like gets hacked or it's stalling withdrawals etc, it's a good time to buy DEX coins immediately.

Because right after they get a lot of visibility when all dex maximalists out there start to tweet at the same time. It might take some time for them to pump but they will, almost always. So next time if i get in early i am buying them with 10x or more leverage.

lalabotax

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

DEX tookens does sometimes provide quite high surprises. First, it used to be popular, really made a lot of people feel happy because they got a lot of profits. From very low prices and jumping to very high prices. And some of them still exist today.

And I think maybe DEX tokens are still valuable. Can try this. Even though the risk is still high because we won't know which DEX will really last until it's bullish and goes up high.

D ltr

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there are a lot of DEX tokens at the moment, from what you mentioned sorry I'm not interested in owning the tokens for a long time usually I buy their tokens only for shipping/transaction fees to make it cheap, not for investasi

jossiel

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Quote from: yazher on March 23, 2023, 10:05:08 AM

Quote from: jossiel on March 22, 2023, 02:57:54 PM

I don't trade on DEXES that I am not aware and mostly, they're not popular. Although it's a good investment for those that knows the liquidity and volume of them considered to be quite high.

Those exchanges were famous about 4 years ago and they are really not user-friendly when it comes to their platform only a few of them have updated their sites because the competition with centralized exchanges nowadays is giving them hard time and traders will always choose to have easy access and user-friendly exchanges rather than using that dex which is not really recommended for newbies. But today lots of things happened with the exchanges and lots of people now recommend using Dex exchanges because of what happened with FTX last time.

That's right.

Because of what happened to FTX and other centralized platforms, it's recommended to go with decentralized exchanges. But that doesn't mean that they're all completely safe with it because nobody knows.

As a trader or an investor, we have to be informed on what's happening in the market together with those exchanges whether they're centralized or decentralized.

And it's not just all about their service but also their tokenomics.

Pterosaur

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Quote from: Pelana vreo on March 23, 2023, 11:35:16 AM

I bought Biswap, the Dex exchange which rewards with a referral system and low gas fees, just like when you swap, you will get a BSW token reward.

But this is not investment advice

I know and have used biswap before, but I don't get BSW in return or they just started this idea? Biswap is doing fine but it's very quiet since a long time now, I don't bother to look at price movement since 2021 because I am not a holder, I think DODO is a better option than Biswap, but I am not telling you to give up on biswap, anything can still happen.

Pelana vreo

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I bought Biswap, the Dex exchange which rewards with a referral system and low gas fees, just like when you swap, you will get a BSW token reward.

But this is not investment advice

yazher

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Quote from: jossiel on March 22, 2023, 02:57:54 PM

I don't trade on DEXES that I am not aware and mostly, they're not popular. Although it's a good investment for those that knows the liquidity and volume of them considered to be quite high.

Those exchanges were famous about 4 years ago and they are really not user-friendly when it comes to their platform only a few of them have updated their sites because the competition with centralized exchanges nowadays is giving them hard time and traders will always choose to have easy access and user-friendly exchanges rather than using that dex which is not really recommended for newbies. But today lots of things happened with the exchanges and lots of people now recommend using Dex exchanges because of what happened with FTX last time.

SyndicateLabs

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I don't think it's too complicated to find opportunities with dex tokens, for me some tokens are really valuable to me like UNI, CRV, 1INCH, Sushi,... all DEXs that I trust. I wouldn't be too surprised if in the next bull cycle these tokens continue to capture the interest of those who want to return to defi research.
There are also some new dexs but I don't really think they are competitive enough in the current market.

MAAManda

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

Thanks for the information, mate. Right now I'm looking for potential DEX tokens aside from the BTC accumulation that I'm doing for the bull run during the halving later. I personally still looking for a potential DEX token, so I have nothing on my radar.

BTW, from the list you provided, I see that only 2 tokens have a very significant price increase performance, they are Gains Network (GNS) and Velodrome (VELO). Meanwhile, GMX (GMX) already has a TVL of over $500M, quite risky to invest here IMO. Maybe Perpetual Protocol (PERP) which has very good potential in terms of price increase, because TVL there is currently only around $17M, and they also don't have a significant increase like Gains Network (GNS) and Velodrome (VELO).

btc_angela

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Quote from: kaseygriffin on March 23, 2023, 05:06:57 AM

Quote from: Kalchef on March 23, 2023, 04:13:33 AM

Quote from: Bobrox on March 23, 2023, 02:35:05 AM

I am waiting with new DEX exchange token and which one are potential at the future, nowadays many people talking about arbitrum after official announcing list all bigger market from Binance, Huobi, Kucoin and early listed on Hotbit with amazing price. But all DEX exchange token for earning airdrop need time and waiting from one years until several years later with they launch about their coins network.

I won't be watcher after many time missing with several DEX exchange token and right now active checking what is the next after Uniswap, Dydix, Arbitrum and many other DEX exchange have been success listed on exchange with higher price.

Arbitrum is a layer 2 project not a dex, there are of cos new Dex on Arbitrum network like Zyberswap and Arbidex but turn to scam all of a sudden, they cater away with over 100 million dollars, it's safer to invest in popular dexes instead, do you mean to type DYdx? Yeah that's a good one too.

Perhaps a bit of a misunderstanding, in the last few days we have all seen how much L2 Arbitrum created when they announced the airdrop. I saw that a lot of DEXs immediately rallied and launched their own tokens. However, basically any environment is the same, it is not absolutely perfect as scammers are always taking advantage of development and to perform bad behavior.
And to be honest, for me DEX is not a place to prioritize transactions, so only the cases that can't sell on CEX I look to DEX.

And if I'm not mistaken, DEX has been in the market for so long already, nothing against them, but it seems that they are still very far away from their counterpart as far as gaining audience or consensus in the market.

With that, as much as what layer or token they released in the public, there could be investors who are still in the fence. Yes, we all know that it's better to trade on DEX as we have total control, but still though it's the question of liquidity and other limiting factors for traders, just saying.

kaseygriffin

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Quote from: Kalchef on March 23, 2023, 04:13:33 AM

Quote from: Bobrox on March 23, 2023, 02:35:05 AM

I am waiting with new DEX exchange token and which one are potential at the future, nowadays many people talking about arbitrum after official announcing list all bigger market from Binance, Huobi, Kucoin and early listed on Hotbit with amazing price. But all DEX exchange token for earning airdrop need time and waiting from one years until several years later with they launch about their coins network.

I won't be watcher after many time missing with several DEX exchange token and right now active checking what is the next after Uniswap, Dydix, Arbitrum and many other DEX exchange have been success listed on exchange with higher price.

Arbitrum is a layer 2 project not a dex, there are of cos new Dex on Arbitrum network like Zyberswap and Arbidex but turn to scam all of a sudden, they cater away with over 100 million dollars, it's safer to invest in popular dexes instead, do you mean to type DYdx? Yeah that's a good one too.

Perhaps a bit of a misunderstanding, in the last few days we have all seen how much L2 Arbitrum created when they announced the airdrop. I saw that a lot of DEXs immediately rallied and launched their own tokens. However, basically any environment is the same, it is not absolutely perfect as scammers are always taking advantage of development and to perform bad behavior.
And to be honest, for me DEX is not a place to prioritize transactions, so only the cases that can't sell on CEX I look to DEX.

Kalchef

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Quote from: Bobrox on March 23, 2023, 02:35:05 AM

I am waiting with new DEX exchange token and which one are potential at the future, nowadays many people talking about arbitrum after official announcing list all bigger market from Binance, Huobi, Kucoin and early listed on Hotbit with amazing price. But all DEX exchange token for earning airdrop need time and waiting from one years until several years later with they launch about their coins network.

I won't be watcher after many time missing with several DEX exchange token and right now active checking what is the next after Uniswap, Dydix, Arbitrum and many other DEX exchange have been success listed on exchange with higher price.

Arbitrum is a layer 2 project not a dex, there are of cos new Dex on Arbitrum network like Zyberswap and Arbidex but turn to scam all of a sudden, they cater away with over 100 million dollars, it's safer to invest in popular dexes instead, do you mean to type DYdx? Yeah that's a good one too.

Bobrox

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I am waiting with new DEX exchange token and which one are potential at the future, nowadays many people talking about arbitrum after official announcing list all bigger market from Binance, Huobi, Kucoin and early listed on Hotbit with amazing price. But all DEX exchange token for earning airdrop need time and waiting from one years until several years later with they launch about their coins network.

I won't be watcher after many time missing with several DEX exchange token and right now active checking what is the next after Uniswap, Dydix, Arbitrum and many other DEX exchange have been success listed on exchange with higher price.

Luffygroove

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I'm perplexed by the lack of popularity of hybrid exchanges, considering their capacity to combine the benefits of DEX and CEX and address the shortcomings of both exchange types. While CEX provides authority to regulate exchange traffic, it lacks transparency and puts our crypto assets at risk due to the lack of private key control, as demonstrated by FTX's issues; on the other hand, while DEX allows for asset control, it suffers from high slippage and inclusivity issues, allowing scam projects to deploy contracts, hype them up, and then disappear with investors' money.

_musab-scorpion_

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Maybe you are right but I don’t usually trade on DEXC coins unless it is for very short period ….
Still u can invest in these coins but always buy with very small percentage of your total portfolio and also in parts

DapanasFruit

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As far as exchange is concerned, the only coin/token I have is BNB which is, of course, a centralized platform that is trying to look like a decentralized one but still trusted by many people. However, it is just around 3 coins and in fact I am planning to sell it as soon as possible while it is currently doing good. I am sure that DEXs tokens can be good to invest with but we have to be careful as things can easily go down in the market of cryptocurrency...just like what we witnessed in FTX. There are always risks and opportunities.

jacafbiz

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Quote from: Kalchef on March 21, 2023, 06:51:00 AM

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

I do agree with this, as the regulatory body continues to be hostile to the Crypto market, more and more people will prefer to move to DEXes and we have started to see this with the growth of volume on most of these DEXes, the success of L2 has helped in this area also because it brings down the transaction cost greatly as compared to trading on Ethereum.

jossiel

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DGbet.fun - Crypto Sportsbook

I don't trade on DEXES that I am not aware and mostly, they're not popular. Although it's a good investment for those that knows the liquidity and volume of them considered to be quite high.

Quote from: Orpichukwu on March 22, 2023, 10:20:39 AM

I just prefer buying and holding BTC if not btc for long hold nothing else. any other coin is just for short period profit-making.

That's the best strategy that's no doubt and no need to argument about it as what anyone can do. After you purchase bitcoin then you may proceed into buying these dex tokens if you think they're worth to take.

IIRC, Idex was once a popular dex and has got a token but then, I have no idea how much the value of its token now or if it's still existing.

Orpichukwu

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Activity: 658

Merit: 387

I don't usually trade exchange tokens unless it's just for a short period of time I mean day-to-day trading, because if the exchanges fall today the token will also be devalued, I just prefer buying and holding BTC if not btc for long hold nothing else. any other coin is just for short period profit-making.

Kalchef

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Activity: 110

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Bup!

Kalchef

member

Activity: 110

Merit: 20

Guys do not sleep on new decentralized exchanges out there, they are growing very fast and their TVL is eye-catching, I think Dex tokens will make good profits in the next bull market, here are my favorite dex tokens.

1. GMX 2. GNS 3. VeloDrome 4. ZigZag 5. Perp protocol

Waiting to here from you guys which dex token is the best on your radar as we speak.

Topic: Do not sleep on DEx Exchange tokens (Read 339 times)