Topic: Some good Dex Exchanges - page 2. (Read 1132 times)
It's good that there are many DEXs today despite the fact not everyone uses them because of volume, but at least it is a proof that decentralization can still exist even in the world of crypto exchanges; although not all DEX are completely decentralized. Nevertheless, I think the only limiting factor of DEX is volume and once worked on and in addition with its good security, it will build a good and healthy competition with centralized exchanges.
Deversifi and WhaleEx With 24-hour volumes of $ 68,575,952 and $ 25,023,711, respectively. I think that this is a fake volume, but this volume of 2 exchanges is more than the total volume of all other exchanges on this list. I think these 2 exchanges should not be on this list.
Great, thanks for the OP list, but is that a true listed volume? that was huge for Diversifi and WhaleX I can't believe that a Decentralized Exchange has gained that volume in 24 hours that was amazing and good to know, By the way, there are a few things to be clear, about those top volume, Decentralized Exchange that was mention Is it accessible and easy to use for everyone because that matters most for the new users.
IDEX is my favorite DEX where i have been trading from the beginning of launched. It is very easy but i has a problem to trade below 0.15 worth of ETH. I have also favorite dex is Binance DEX. I don't like forkdelta, Etherdelta now but once it was very popular before hacked.
In the past I have used Etherdelta, Forkdelta and Idex. The main issue with all of them is the lack of liquidity. It was very difficult for me to convert some of my tokens to ETH, using these platforms. That said, the last time I used these DEX sites was almost two years ago. Now my friends are saying that the situation has improved a lot. And in particular, they seems to be quite impressed with Binance DEX.
In my opinion, DEX exchange is less attractive in my opinion because of the small liquidity so that very rarely many people use DEX as their trade, but Forkdelta often becomes a dumping ground after being generated from bounties, so there I think DEX is not the best in daily trading.Only IDEX, in my opinion, has a high liquidity so there are many useful tokens there.
Deversifi and WhaleEx are still unfamiliar, so far I don't know the dex exchange which has the highest volume other than Idex, it seems doubtful that dex shows the highest volume and it is recommended to keep researching dex exchange especially for the new dex platform.
In the past I have used Etherdelta, Forkdelta and Idex. The main issue with all of them is the lack of liquidity. It was very difficult for me to convert some of my tokens to ETH, using these platforms. That said, the last time I used these DEX sites was almost two years ago. Now my friends are saying that the situation has improved a lot. And in particular, they seems to be quite impressed with Binance DEX.
Wow! I didn't know forkdelta still have that amount in volume.
I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
I didn't know about the other, might as well try it later specially that Deversifi and WhaleEx.
Is there a country restriction for this?
I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
I didn't know about the other, might as well try it later specially that Deversifi and WhaleEx.
Is there a country restriction for this?
Practically every DEX suffers from this problem.
Even the Binance DEX, which has one of the highest trade volumes of any DEX still pales in comparison to even smallish centralized exchange platforms.
The blockchains just aren't capable of handling the huge number of transactions needed per second.
your post really helped me, i'm very grateful to you.
among the exchanges you mentioned, only a few of them i have ever used. like Binance DEX, Idex and ForkDelta. other exchanges are still foreign to me. i thought, i have to learn more.
among the exchanges you mentioned, only a few of them i have ever used. like Binance DEX, Idex and ForkDelta. other exchanges are still foreign to me. i thought, i have to learn more.
I didn't realize Whaleex has that much volume compare to Newdex where I usually try to trade.
Vitex Exchange is becoming popular also since it's giving passive income for the VX stakers.
DEX is a good idea in general but actually volume there is too low
There were some developments about liquidity pool that some developers were saying but none of them ever updates about it. With liquidity pool, the volume of all dex might just compete the CEX at some point. It is however very risky since its like consolidating all the funds in a pot and shall attract hackers as motivation.
DEX is a good idea in general but actually volume there is too low
I do not think if Deversifi is better than forkdelta because the volume is higher,
it looks like the decentralized exchange will be a famous platform for the future, moreover Binance also already has a DEX platform
it looks like the decentralized exchange will be a famous platform for the future, moreover Binance also already has a DEX platform
Wow! I didn't know forkdelta still have that amount in volume.
I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
Eversince centralized exchanges become famous and the trend of IEO, these dexes were overpowered. I am forkdelta user too but lately I rarely used it now, especially bounty tokens from altcoin are not worth it anymore. Many traders even leave using this exchange too. I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
Idex become more popular and advance compared to them. Lots of dex now has started to develop and I hope they will progress more since KYC on centralized exchanges are not really good and dangerous.
I never know that the DEX site has grown than the last time I used the Dex Exchange in a few years ago. It is great for Kyber Network, Binance, Idex to be the top Dex Exchange from that list, so people who want to trade on the DEX can directly to visit on the website.
Thank you for sharing the Dex Exchanges list. But once again, you need to research by yourself to find what Dex Exchanges that will suit you to trade the token.
A lot of exchanges are available in this market, and of course, high security is what these exchanges are always interested in. However, the liquidity in decentralized exchanges is still bad, so you will sometimes have a lot of trading problems. I only trade when coins are earned from bounty campaigns and will try to sell at the highest price. Thank you for sharing the Dex Exchanges list. But once again, you need to research by yourself to find what Dex Exchanges that will suit you to trade the token.
I never know that the DEX site has grown than the last time I used the Dex Exchange in a few years ago. It is great for Kyber Network, Binance, Idex to be the top Dex Exchange from that list, so people who want to trade on the DEX can directly to visit on the website.
Thank you for sharing the Dex Exchanges list. But once again, you need to research by yourself to find what Dex Exchanges that will suit you to trade the token.
Thank you for sharing the Dex Exchanges list. But once again, you need to research by yourself to find what Dex Exchanges that will suit you to trade the token.
Wow! I didn't know forkdelta still have that amount in volume.
I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
I didn't know about the other, might as well try it later specially that Deversifi and WhaleEx.
Is there a country restriction for this?
I forgot that website years ago.
I still prefer Idex than them for the user friendly UI but look at the volume. It really in bad shape.
I didn't know about the other, might as well try it later specially that Deversifi and WhaleEx.
Is there a country restriction for this?
It is strange that DEX are still lacking of enough volume while they are the best. May be all the CEX use fake volume? You can add the above list into the OP, that would be good. Anyway, good job.
If they are the best like you said, definitely they won't lack behind too much, but that's not the case because from the list above and their volume you can see that users still prefer CEX than DEX, you can not compare the number of users trading in any of the top exchanges, traders need volume to trade, most dex don't have such volume, and also why we don't have enough traders on dex!
And on a side note, most crypto enthusiasts always looking forward to see a project listed on this top centralized exchange (even with the fake volume talk) have you ever ask yourself why is that!
Ever since I got used to trading on exchanges, I have been super impressed by the security and simplicity of Dexs. You control everything and don't have to necessarily have your assets at the exchanges. You have them in your wallet and only get to trade them via the Dex smart contract which limits any form of theft or loss of assets due to hacks. Idex has been my go to exchange ever since, it offers everything I need and lacks any form of complexities which is a good thing. There are several other Dexs on the list which have all proven to be very solid over the years. In all sincerity, I prefer Dex to Cex.
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