Etherdelta is a good choice? - page 2.

squatter

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STOP SNITCHIN'

Quote from: ramsdaj28 on October 12, 2017, 11:43:29 PM

Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

I really don't like EtherDelta for some reasons. First, the site is so slow. It likely takes some minutes for the site to load all its contents upin logging in to it. Second, the features are very complicated and messy. If you are a newbie in trading, and log in EtherDelta, you will really get lost.

It's definitely not glamorous or fast, that's for sure. That's the tradeoff with decentralized exchanges, and why most people don't bother with things like Etherdelta. Centralized exchanges can have much thicker order books, lightning fast trading engines, and placing orders on the book doesn't require a blockchain transaction. Etherdelta is definitely not for beginners.

But it does feel good to be able to trade without trusting my funds to an exchange. I was crippled pretty badly by both Bitfinex (2016) and BTC-e (2017), so I'm not overexposing myself to any centralized exchange.

cydrix

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Dont pick etherdelta has no private keys and not entirely safe and so many doesnt know about that in short not popular and doesnt have many exploits and safety measuresand such proofs of security go for used ether sites or exchages like myetherwallet or bitrex etc.

ultrloa

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Quote from: geopolisch on October 13, 2017, 12:54:42 AM

Quote from: dutchkay on October 10, 2017, 11:45:59 AM

Etherdelta is a very good exchange to make profit, besides the term decentralized is what i like more. You will need to know that it limits your trade cos you can only trade ERC20 tokens. I will suggest adding couple of other exchanges and use them. Many of them exits. It's always good to diversify

Yes ETHERDELTA can be profitable at some extinct as it has limited user as compare to bitcoin and there are not enough popularity yet and it may be possible in future that this token can be used as money making investment but talking about this time bitcoin is king of crypto and will remain at crown, trade also in bitcoin both will give you huge combined profit.

Etherdelta gain more popularity due to the ERC20 coins and its very profitable to trade at them since they are trusted site to lend your money with, But we must be careful on phising sites since there are so many people copy the interface of that site and phis their victims to stole there balances. And we should do a proper checking on the site where we input our keys so that we will be safe always.

geopolisch

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Quote from: dutchkay on October 10, 2017, 11:45:59 AM

Etherdelta is a very good exchange to make profit, besides the term decentralized is what i like more. You will need to know that it limits your trade cos you can only trade ERC20 tokens. I will suggest adding couple of other exchanges and use them. Many of them exits. It's always good to diversify

Yes ETHERDELTA can be profitable at some extinct as it has limited user as compare to bitcoin and there are not enough popularity yet and it may be possible in future that this token can be used as money making investment but talking about this time bitcoin is king of crypto and will remain at crown, trade also in bitcoin both will give you huge combined profit.

ramsdaj28

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اللعنة

Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

I really don't like EtherDelta for some reasons. First, the site is so slow. It likely takes some minutes for the site to load all its contents upon logging in to it. Second, the features are very complicated and messy. If you are a newbie in trading, and log in EtherDelta, you will really get lost. Another thing is that the prices of the altcoins are way far lower compared to other exchanges/trading sites (which I think is an acceptable reason to avoid this site). I've tried this site once, and didn't use it again since then.

nerverd99

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

I think etherdelta its most easy to use , because we just import an private keys and eth address.
But u must have minimum 0.01 ETH to make a deposit to etherdelta wallet.
And then most a new token always can exchange on etherdelta because i see , all new token easy to listed on etherdelta.
I always use etherdelta to make a exchange token from airdrop/bounty.

nejibens

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Etherdelta give you access to your private keys, so you are totally safe using their exchange. Its almost specialized in the trading of the tokens, but its supporting only ETH .
If they can adding BTC and some other altcoins it will be a lot better.

squatter

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Quote from: brascopck on October 12, 2017, 04:15:07 AM

Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

To be honest Etherdelta is really sucks for trading. Deposit altcoins always take a long long time to get confirmed and you also need Ethereum ready on your account for trading on Etherdelta. The only benefit that I like on Etherdelta is new altcoins can be traded fast on etherdelta, so we don't need wait more to trade our coins.

In my experience, depositing tokens into the Etherdelta smart contract can take a while (10-30 minutes) because these transactions are sent with a very low fee. Fortunately, that saves you money. This is the nature of decentralized exchange; you're using the blockchain, which isn't all that efficient. But you can remove trusted third parties this way.

There is still some security risk due to MITM attacks via browser, but it's a big improvement from the exit scam / hack risk of centralized exchanges.

brascopck

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

To be honest Etherdelta is really sucks for trading. Deposit altcoins always take a long long time to get confirmed and you also need Ethereum ready on your account for trading on Etherdelta. The only benefit that I like on Etherdelta is new altcoins can be traded fast on etherdelta, so we don't need wait more to trade our coins.

squatter

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

Well, it's purely for token trading, right? Most tokens are highly speculative, if not outright scams. I like Etherdelta a lot for what it is -- in-browser (simple, easy) decentralized exchange. The problem with security is that, much like Blockchain.info, you don't control the software that is pushing transactions. So if the service is compromised, you could be subject to MITM attacks, even if the site doesn't control your private keys. All in all, though, it's safer than a centralized exchange. Just don't transact with huge amounts of money there.

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Quote from: jonatuzc on October 12, 2017, 03:08:02 AM

Quote from: johnwest on October 11, 2017, 11:36:14 AM

I dont think so. I have been trying to trade some tokens from a week or more now and not even once it was an easy stuff to do. Especially after when the eCoins bubble started on the ether chain.

Yes ECOINS are also profitable in some aspects but there are only dozen of people who know about it crypto is mainly relying on bitcoin and it is use to make money faster maybe in future there is bit scope of ECOINS also but bitcoin is now ruling the throne and in future there may be a possibility to this that this token can be used for money making.

But I can't trust them to trade with and those Ecoins are good for only a short time trade and I think its scam, and look on what is happening on E coins on delta some of them died and the others has been dumped so hard and the only one who got benifited unto that is the creators of that Ecoins.

magneto

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

They have listings and markets for essentially every single token on the ethereum network which has not yet made it to other big public exchanges e.g. poloniex/bittrex. So it's a good way to grab coins just after the ICO.

It's a good exchange with lots of pairs, i personally have not used them much but they are not bad frankly.

However, as soon as a coin gets listed on a big exchange, expect volume on etherdelta to go down.

TUs77777

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As for me, this exchange is quite difficult for a beginner, it will be her fear, and of course, decentralization is a good choice.

jonatuzc

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Quote from: johnwest on October 11, 2017, 11:36:14 AM

I dont think so. I have been trying to trade some tokens from a week or more now and not even once it was an easy stuff to do. Especially after when the eCoins bubble started on the ether chain.

Yes ECOINS are also profitable in some aspects but there are only dozen of people who know about it crypto is mainly relying on bitcoin and it is use to make money faster maybe in future there is bit scope of ECOINS also but bitcoin is now ruling the throne and in future there may be a possibility to this that this token can be used for money making.

robertdhags

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Quote from: spngebob on October 09, 2017, 03:37:53 PM

Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

I don't know, i think there are better exchanges than it is etherdelta.
I mean, you can trade only tokens for ether and vice versa there while in other exchanges(bittrex, liqui, cryptopia...) you can trade tokens, altcoins and bitcoin.

agree with you also that ether delta would be the good choice but as we can see there is a lot that use this but for trading only.

streazight

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

As far as I am concerned, etherdelta is basically good for the fact that you can easily load your tokens and exchange them but for regular trade and for security, I am not sure they should be in the top list of anyone. There are so many exchange that are way much better to consider such as binance, bittrex, bitsquare or just find the one that is best for your needs. This link can be of help https://www.cryptocompare.com/exchanges/#/overview

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Quote from: cotton ball on October 11, 2017, 01:30:47 PM

Quote from: Hamphser on October 11, 2017, 12:56:51 PM

Quote from: Bitcomo on October 11, 2017, 12:35:32 PM

Quote from: tranle789 on October 11, 2017, 04:22:44 AM

Etherdelta is only suitable for people who want to invest in ICOs because all ICO projects using the Ethereum platform are listed here. I think Etherdelta is very easy to use, but you have to be careful because the market has a lot of security flaws

What are the security flaws ? I think there aren't many, mainly because it's a decentralised exchange.

Theres no security flaw on using Etherdelta exchange since it is really decentralized the flaw on here is when you disclose your privatekeys for sure those coins of yours would really be at risk on getting stolen by someone.Unlike on other exchange that you would need to sign up and make deposits into your coins and Etherdelta do works on different way since its decentralized.I do like the exchange but having a heavy interface and high fees will really give me second thoughts.

There are some points they should develop that is about account security, if the user only has a private key that can not be changed then the possibility to be stolen is very large. this is very dangerous for people affected by phishing links.

second development is a gas arrangement that is not understood by everyone, this is a problem because people who do not like it will leave without wanting to learn more

The third is transactions that often delay up to more than 24 hours, this is a big problem if there is congestion due to large volume increases in the same time (Bottle neck)

Back in the past when i was still newbie on using Etherdelta exchange site which on setting the gas i have mistakenly adjust it too high which it did result on wasting up too much eth on the account on every transactions.It did really confirm the transaction fast not instant as expected knowing the network is always congested which same as you said some transactions are really on delay because on the volume.If you are really new on exchange site like delta you would really have a hard time on understanding it for the very first time but well they do have their help page.

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Quote from: cryptothreads on October 10, 2017, 09:16:46 AM

Just a good choice for ICO projects as this is always the first destination of ICO and they often trade in this market. I think if it is pumped in this market then surely it will be an ICO project and you should consider long term investment

I have really still been considering why it is a good choice for ICO projects anyway. I once heard listing your coin on their platform is not as expensive as bittrex or poloniex which makes it one of the major reasons every new ICO make use of them instead. It is good though, hopefully they can try to increase their services much better and make it an exchange of choice instead of just a mere token exchange platform.

ilovefeetsmell

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

Cryptopia is the best and I choose one for buying and selling coins. Cryptopia has the big market amongst all web exchange. Centra? Not been updated about the ICO's and incoming ICO. Our cryptomarket suddenly grew because of the newly created tokens. It's a big advantage to us to make our bitcoin grow. Let us consider this one as a good opportunity, live it with good positive sides.

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Quote from: Bitcall on October 09, 2017, 02:24:22 PM

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

If you will asked me Im not comfortable in using Etherdelta since you will entrust your private key to them in order to login. Plus every actions there have a designated gas charges.

But there are times that I need to used them because some coins are being pumped there that if I will wait for that specific coin to be listed on other exchanges, then hype is already over or should I say that it will not happened again.

Topic: Etherdelta is a good choice? - page 2. (Read 2406 times)