Topic: Some good Dex Exchanges - page 3. (Read 1132 times)
Wow, they are already a lot. Still, the volumes that are coming from them are not that much.
I guess it's just most of the traders are used to centralized exchanges and they find it ok and that might be the reason why they don't want to use any other DEX because cex is enough. Maybe someday, traders will realize that it's better to use a DEX.
I guess it's just most of the traders are used to centralized exchanges and they find it ok and that might be the reason why they don't want to use any other DEX because cex is enough. Maybe someday, traders will realize that it's better to use a DEX.
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.
I agree, DEX is still overshadowed by CEX exchange which has a history of being hacked and also with fake volume, listing scam coins etc. I guess the hype surrounding CEX is still up in the air, by I do hope that crypto traders know that there are a lot of exploits and vulnerabilities on them. And with regulations coming very hard on DEX, I do hope that traders are going to look at the CEX more specially in the list that the OP has provided.
I have tried bamboo relay and damn they have the lowest possible fees for ETH tokens. Kyber too has a good fees. Polonidex for Tron tokens and StellarTerm for XLM once. There should be more approach for cross platform dex as anyone that have tried it hasn't been quite successful. I would definitely recommend DEX if you are instantly trading your coin from one to another.
Nice feedback for bamboo relay. I have encountered that but ignored it as I haven't seen any feedback from the users. Now, I know someone already tried, I will definitely check them out. Thanks for that. I think it is safe to use DEX as long as you have all the credentials like private key in safe.
In that post, List of cryptocurrency exchange hacks
I told you which are the exchanges that have been hacked so far, if you have read that post then you can say most centralized exchanges have been hacked, so I thought that decentralized exchanges should be encouraged.
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However, at least a decentralized exchange top guarantees security and compensation when hacking occurs. However, CEX and DEX have advantages and disadvantages of each and every person has their respective tendencies. I entrust more security to DEX, besides that it has more functionality and high liquidity. On the other hand, we can exchange it directly with fiat. So it's more effective I told you which are the exchanges that have been hacked so far, if you have read that post then you can say most centralized exchanges have been hacked, so I thought that decentralized exchanges should be encouraged.
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Never trust a book by its cover. If you chose an exchange solely by its volume then you are in for a surprise. I like your list which includes a few small dex exchanges with low volume. Thanks, I will try to see if any one in that list good enough for use if there is a project on them.
There is no suck thing as good DEXes in my opinion, you will see this if you look at Binance DEX daily volume, that is a small fraction of their centralized exchange and this it says all.
Dex has the lowest fee you could ever think about but not all of them are good, and dex is a very bad choice for new startup projects, they will die due to lack of trading volume, it seems not everyone like using Dex exchanges till today and I can't blame them, Centralized exchanges offers the best services over all
I have tried bamboo relay and damn they have the lowest possible fees for ETH tokens. Kyber too has a good fees. Polonidex for Tron tokens and StellarTerm for XLM once. There should be more approach for cross platform dex as anyone that have tried it hasn't been quite successful. I would definitely recommend DEX if you are instantly trading your coin from one to another.
Thanks for sharing good info about DEX exchanges as I have never heard before about maximum dex sites you have mentioned here in your post. I only use Idex, Binance Dex.
good information. So far, the most popular Dex exchanges that I use most are Forkdelta, Idex, and Binance Dex. Well, I don't really know about quality from other places. but, those three places are my priority in selling tokens that sometimes don't have an official market yet.
Thank you for sharing this! I am so taken by surprise that the two biggest volume DEX on that list are not even DEXs I have ever heard of, and the biggest news for me is that one is even in Singapore? Whalex, I really have to check this one out,,, and Deversifi.
Has anyone tried any of them yet? Millions of USD per day must mean something.
Has anyone tried any of them yet? Millions of USD per day must mean something.
Presently Centralized exchanges are better than Dex, Ido use Dex some times but only the instaswap platforms like switcheo, uniswap, shapeshift, etc, what Dex lacks is liquidity and volumes too
I must say this is one of the good list I saw here about dex. Has anyone here uses deversifi? I noticed they are the most high volume compared to everyone in the list. Its just I read it here and never knew this dex before. Even most popular dex such as Binance, Idex, kyber network, bancor has surpass in terms of volume.
I think the bisq network is also missing and komodo network dex.
Goos job on preparing this OP, hope you can add in the list my recommendation. Also, if you have idea on deversifi, hope you can share your thoughts about it. The volume is interesting and probably a good comparable to cex.
I think the bisq network is also missing and komodo network dex.
Goos job on preparing this OP, hope you can add in the list my recommendation. Also, if you have idea on deversifi, hope you can share your thoughts about it. The volume is interesting and probably a good comparable to cex.
This is a nice list OP but can you make a clickable link for each DEX so we know they are the official ones?
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Updated. Thanks for the compliment and advice.
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This is the clean version plus a link to the website.
Thank you mate, Honestly appreciated.phew ~
This is the clean version plus a link to the website.
It is strange that DEX are still lacking of enough volume while they are the best. May be all the CEX use fake volume?
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Exactly, there are many CEX exchanges that use fake volumes.Snip~
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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.
| Exchange | 24h Volume | Country | Twitter Followers | |
| _____________________ | _____________________ | _____________________ | _____________________ | _____________________ |
| Bamboo Relay | $283,574 | Australia | 998 | |
| dYdX | $2,749,356 | United States | 8253 | |
| Idex | $2,047,802 | Panama | 37.2K | |
| ViteX | $981,898 | British Virgin Islands | 10.8K | |
| Binance DEX | $581,802 | Malta | 58.9K | |
| Switcheo | $81,155 | N/A | 15.1K | |
| Saturn Network | $6,134.89 | N/A | 4.2k | |
| Dex.Blue | $2,892.50 | Estonia | 901 | |
| Cybex DEX | $61,599 | N/A | 723 | |
| Radar Relay | $75,611 | United States | 17.6k | |
| Newdex | $41,456 | Cayman Islands | 6.9k | |
| Uniswap | $8,058,436 | United States | 62 | |
| Kyber Network | $2,355,570 | N/A | 105.6K | |
| Tokenlon | $1,177,520 | British Virgin Islands | 1128 | |
| TokenSets | $808,134 | N/A | 9332 | |
| Deversifi | $68,575,952 | British Virgin Islands | 30131 | |
| Bancor Network | $306,170 | N/A | 78970 | |
| Birake | $288,417 | Estonia | 2545 | |
| WhaleEx | $25,023,711 | Singapore | 2683 | |
| Nash | $152,952 | N/A | 68002 | |
| StellarTerm | $97,937 | N/A | 444 | |
| TronTrade | $52,526 | N/A | 6507 | |
| PoloniDEX | $33,566 | China | 13345 | |
| ForkDelta | $8,988.38 | N/A | 10704 | |
| Allbit | $4,086.25 | South Korea | 339 |
phew ~
This is the clean version plus a link to the website.
To be honest, although i support dex concept but it is strange to see that even the dex from big platforms are not getting much volume and even if we compare the top dexes in this list the volume is nothing as compared to centralized exchanges, looks like it will take a long time for dex adoption.
Thanks for this list. I always like dex exchange to exchange unlisted currency. Dex exchange also help to complete a deal with unknown person.
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