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Topic: Expanding the world of products available on decentralized exchanges (Read 106 times)

member
Activity: 1022
Merit: 20
RiveMont
Yes you are right, decentralized exchanges should not be confined to eth based tokens only, it is high time that we see multi-chain supported decentralized exchanges that can list and trade any coin, token and blockchain.
full member
Activity: 322
Merit: 114
Crosschain will come eventually, it's just a matter of time until the supporting technology is developed and implemented. Right now there's not really much need or call for it however. The large majority of projects are on the ethereum blockchain.
full member
Activity: 434
Merit: 175
I dont feel we have problem if we use decentralised which exist today like forkdelta and idex.market but the issue that both decentralised is not as fast as centralised exchange the idex.market decentralised but sometimes lag and the loading is so damn slow. I hope after they release their snowglobe platform it will be faster. Another decentralised exchange will be exscudo which will launch this year its also i hope can make dex faster.
hero member
Activity: 981
Merit: 503
DEX are having many issues but this is the right way to do a trading.

The conception behind marketprotocol.io is cool and I want to see it adopted bu FD, IDEX or some big new DEX.
full member
Activity: 518
Merit: 100
to be honest there are still many problems that we often see in decentralized exchanges. such as forkdelta and idex, when I visit his site, it takes 1 more minute to display all the menus on his site. buy and sell orders often fail and more irritating sometimes the cost of gas remains cut. everybody wants something new, i hope the future is available dex in accordance with the trader's expectation.
full member
Activity: 240
Merit: 102
One issue with the existing decentralized exchange (dex) ecosystem is the limited offerings that are available to participants. Confined to the ERC20 world, traders must transition to a centralized service if they would like to gain access to cross chain assets (ETH/BTC for example). Additionally, there is no path for anyone to gain exposure from crypto to real world assets, like AAPL/USDT, even from a centralized service. Usually, traders are looking to gain price exposure to an asset and do not care about actually taking custody of that asset. For instance, if a trader thinks bitcoin will rise in value and wants to make a profit, they don’t actually need or perhaps even want to hold bitcoin, rather just earn profit from its price appreciation.

https://medium.com/market-protocol/expanding-the-world-of-products-available-on-decentralized-exchanges-2d908667268d
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