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Topic: US Citizens are Getting Excluding from Exchange's. It's DEX Time! (Read 348 times)

member
Activity: 686
Merit: 15
Exchanges fear financial regulators could kill their exchanges, hence the proactive step to stop US traders which is fine for the system. Let compliant exchanges apply for services in US soil just as Binance is planning. No CEO wants to face US sanctions.
sr. member
Activity: 1134
Merit: 342
Why so strict rules for US investors from exchanges, Is there any rule by US govt to not invest in exchanges or it is by exchanges itself?

As far as I know, it's all about the SEC decisions. The SEC imposes a number of sanctions to protect its investors. I think the process will continue in this way until a legal regulation to be published in the USA.
full member
Activity: 1274
Merit: 100
Why so strict rules for US investors from exchanges, Is there any rule by US govt to not invest in exchanges or it is by exchanges itself?
legendary
Activity: 1722
Merit: 2213
Apart from IDEX announced they will be implementing full KYC: https://news.bitcoin.com/decentralized-exchange-idex-to-introduce-full-kyc/
Not doubt other DEX's will follow suit and/or feel the wrath of the SEC. Yes users will shift temporarily to DEX's, but it's not sustainable as a free-from-KYC place of exchange.
jr. member
Activity: 31
Merit: 1
Would appreciate the addition of Block DX. As far as I'm aware it's the most decentralized DEX. You can read more here:
https://docs.blocknet.co/blockdx/introduction/
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
And why USA made this decision? And what about the recently created Binance for US people? They will also delist 72 coins from the exchange?
member
Activity: 713
Merit: 31
Do not use EOSex! It is not working, the project is completely dead. They claim that new owner will solve all problems, but it seems that this doesn´t happen!

I had a few problems trading at EOSex. But there is no one who can solve these problems. Luckily I didn't invest in big amount.
sr. member
Activity: 966
Merit: 254
I have checked all the 70 cryptocurrencies and the list consist mainly from low market cap coins. It seems there is no coin from top 10, also Monero is not listed here!  Shocked
full member
Activity: 896
Merit: 102
Do not use EOSex! It is not working, the project is completely dead. They claim that new owner will solve all problems, but it seems that this doesn´t happen!
sr. member
Activity: 1134
Merit: 342
I always use DEX exchanges and this exchange is very fast and easy to use.
I also often use standard DEX exchanges for ERC-20 Ethereum tokens


And this is a quick link with ratings that you can visit :
Ethereum tokens : https://dappradar.com/rankings/protocol/ethereum/category/exchanges
EOS : https://dappradar.com/rankings/protocol/eos/category/exchanges
TRON : https://dappradar.com/rankings/protocol/tron/category/exchanges

Have you any experienced on Etherflyer? I saw that exchange but it seems untrustable to me. I never use it. But there are a lot of tokens we can trade in there.
member
Activity: 744
Merit: 10
Syntrum.com
I always use DEX exchanges and this exchange is very fast and easy to use.
I also often use standard DEX exchanges for ERC-20 Ethereum tokens


And this is a quick link with ratings that you can visit :
Ethereum tokens : https://dappradar.com/rankings/protocol/ethereum/category/exchanges
EOS : https://dappradar.com/rankings/protocol/eos/category/exchanges
TRON : https://dappradar.com/rankings/protocol/tron/category/exchanges
member
Activity: 311
Merit: 10
I always prefer to trade on DEXes because I believe that can provide more security for the users. However, I am not a US citizen and I can believe that it is pretty stressful that you cannot participate in major projects.
member
Activity: 258
Merit: 10
Until to date, I have only used Ethereum-based DEXs. I'm not sure that Kyber Network is too reliable. But what we need is a more inclusive DEX platform, I think. It's not just a coin, it's a platform that allows every coin trade.
sr. member
Activity: 1134
Merit: 342
You missed Kyber Network: https://kyber.network. Many people overlook this exchange. Maybe it's because of their poor marketing but Kyber is a solid DEX in which, Vitalik is an advisor. Its swapping feature is pretty clean and cool.

Actually, I knew it but I've never tried. So I don't want to share here what I don't know exactly.

DEx are too blocking US IP addressess. Binance DEX is blocking IPs from US and some other countries. Letting US citizens trade or buy coins had caused trouble for many ICOs and Exchange and they just want to stay away of that trouble.

Yes, but you can reach DEX with simple VPN apps.

I think this situation is very stupid. Why the government starts a war with everything that does not fully understand. In any case, decentralized exchanges are a really good alternative. In some ways, they are even better than centralized counterparts.


I think US government is about to release some regulations. Because of that, they want to control the market. (it is my opinion, there is no news) It is not cool! But fortunately, we have decentralized structure.

But we still need more decentralized APPs, platforms, projects... So globalization would be great then.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
We are still lacking truly decentralized multi-chain, one stop dex where all kinds of tokens can be traded without any restrictions and with a world class user interface, the concept of decentralization can only be realized with a truly all in one dex which is required by crypto community and hopefully we will see such a dex soon.
full member
Activity: 1064
Merit: 166
I think this situation is very stupid. Why the government starts a war with everything that does not fully understand. In any case, decentralized exchanges are a really good alternative. In some ways, they are even better than centralized counterparts.

They are not giving the same alternative as they focus at one particular coin ecosystem but at least is an alternative.
hero member
Activity: 924
Merit: 501
I think this situation is very stupid. Why the government starts a war with everything that does not fully understand. In any case, decentralized exchanges are a really good alternative. In some ways, they are even better than centralized counterparts.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
DEx are too blocking US IP addressess. Binance DEX is blocking IPs from US and some other countries.
And Binance DEX isn't completely decentralized. Another one good DEX is bisq.network.
member
Activity: 795
Merit: 10
You missed Kyber Network: https://kyber.network. Many people overlook this exchange. Maybe it's because of their poor marketing but Kyber is a solid DEX in which, Vitalik is an advisor. Its swapping feature is pretty clean and cool.
Poor marketing aside, i have tried to swap a token i saw was trading on kyber network on cmc before to my surprise the trading is suspended, i don't count kyber as a good dex i had bad experience with them at first visite.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
DEx are too blocking US IP addressess. Binance DEX is blocking IPs from US and some other countries. Letting US citizens trade or buy coins had caused trouble for many ICOs and Exchange and they just want to stay away of that trouble.
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