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Topic: Which DEX do you believe will be the most used 2 years from now, and why? - page 3. (Read 805 times)

jr. member
Activity: 476
Merit: 1
None because of the TRX Auction House -

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http://trxah.trade/
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
I think Binance DEX and IDEX are the most popular ones that people are using. But, Binance DEX is just way better and I don't think there is any competition for Binance. The Binance DEX was also able to pull a lot of customers because of how Binance performed over the last 2 years. You can always count on them.
Binance Dex currently has no competitors because this decentralized exchange was created by CZ himself and he runs the entire exchange. Currently, many other decentralized exchanges use the platform ETH but most of these exchanges often have no trading volume and that greatly affects liquidity. Personally only participate in Binance Dex and certainly the future of this exchange will become more popular.
full member
Activity: 840
Merit: 101
I think Binance DEX and IDEX are the most popular ones that people are using. But, Binance DEX is just way better and I don't think there is any competition for Binance. The Binance DEX was also able to pull a lot of customers because of how Binance performed over the last 2 years. You can always count on them.
member
Activity: 406
Merit: 10
I do not understand why Blocknet's name has become more popular lately. As far as I know, it has been present for a long time. Right?
Honestly, I've just heard their name recently because the most popular that I've been hearing before is always IDEX. I've used the dex personally until they started to ask about KYC. I don't know about blocknet on how long they already are.

But Binance took over it easily, they have an established centralized exchange and upon building up a so called 'dex', they've easily gathered the attention of every trader that likes dexes.

IDEX is not even close to being a real DEX.

A real DEX does NOT:

Require you to login
Require personal info

Furthermore, it can't be shut down, it's not "owned" by anybody (Hint: Binance DEX is not a real DEX).

Blocknet and Komodo is by far the best ones out there, been in the game for the longest time, and Blocknet is not only a "DEX Project", they'll do way more than that in the future.
I'm long on both projects. Binance will eventually be like Poloniex or Bittrex is today. That's my prediction anyway
sr. member
Activity: 938
Merit: 256
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

I made money from a lot of bounty and sell it on IDEX, this is the first generation of DEX exchange in this cryptocurrency world and i still using it till right now and it can connect to my MEW account and easily transfer my tokens in and out. There are still many good DEX such as wavesdex that i also use.
sr. member
Activity: 903
Merit: 391
2 Years, it is quite long to predict. But, maybe Binance DEX with their power, will survive until longer time than the others. Especially if people will think to keep trade in big exchange. But if must pick, IDEX and Binance DEX i hope still available to trade for people since i never face any problem when want to use IDEX to sell my tokens.
sr. member
Activity: 1834
Merit: 261
20BET - Premium Casino & Sportsbook
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley
if I look at the usual forkdelta that is busy to use including IDEX, but because of the decline in the interest of many trash tokens on the exchange and also the number of ethereum erc20 tokens that move to bep2 Binance, so currently the most widely used DEX exchange is binance.org because I see many interested ones there and the transaction is fast, oh yes one more thing because IDEX uses KYC right now it should not be appropriate to use the IDEX name anymore because it doesn't look decentralized, it should be changed to IDIX
hero member
Activity: 1666
Merit: 753
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

Binance will likely be able to generate liquidity most consistently, and that's the biggest issue that any DEX needs to tackle first - liquiditiy.

Other projects like Komodo that have had a history I'm also long on, but not as much as I'm long on BNB. The smaller projects you can just disregard unless they're actually something special, because of the fact that DEXs needs exposure to succeed.

That's not even saying for certain that DEXs will somehow be able to replace centralised exchanges over the next few years alone - they probably won't.
sr. member
Activity: 534
Merit: 250
In this time, the best DEX is Binance DEX. it has biggest volume in DEX
i think it would grow in the future, as long as Binance.com grows too


Binance DEX is the best and most popular Tesnet Decentralized Exchange today. The DEX Binance was developed so that users can manage their assets more easily. Binance DEX has an unlimited number of indicators, transaction costs are very cheap even in large numbers and transaction speed. Binance DEX is also provided with stop loss feature. I myself recommend to use Binance DEX because of its many features and very low transaction costs.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
I'm pessimistic about DEX's future actually. You know right that regulators will be pushing hard for MLD5 next year? The US will bring "democracy" to DEXes out there.
However, if nothing serious happens, Binance DEX has the highest chance to be successful. They have an active community and not-so-bad liquidity.
copper member
Activity: 1400
Merit: 103
Forkdelta and IDEX
Why ? because at this time there are still many tokens that use the ETH network, and I think for the next 2 years also ETH will still be widely used by new tokens
full member
Activity: 966
Merit: 100
I have used forkdelta /etherdelta for more than 2 years because i have a lot of coin from bounty and its easy to dump on etherdelta or forkdelta, sometimes we can choose thats dex because token is not yet listed on exchange. I think it wil be used more than 2 years from now because its have a lot of token right now.
sr. member
Activity: 756
Merit: 251
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

Binance DEX is making the waves in the news. Even before Binance launched its DEX, people are already anticipating it. It must also have topped the list of many traders who prefer to use DEX over centralized exchanges. It should also help that the DEX is directly named after Binance because the brand has already built a lot of followers and users. Even Binance's centralized exchange is highly trusted.
hero member
Activity: 1274
Merit: 500
What do you guys think? Smiley

Surely the decentralized exchange brought by the most favorite exchange and it should be Binance DEX.

I don't know what will happen in two years from now, probably there will be a better exchange than Binance and Binance will die but for now there is no exchange people love the most than Binance, so lots people must use Binance DEX.

Binance's decentralized exchange has a lot of backing: Its mother company, Binance, a huge pool of promotional funding and a large number of users from its regular exchange. This will ensure that the push for DEX adoption is well supported. If DEX adoption fails, it only means, it's not useful or convenient.
Any coin listed at Binance Dex has a high trading volume and stable liquidity because this is the place to list only good projects. Currently, Binance Dex is still very new and has just been launched this year so many new investors are not aware of this exchange. In the coming time if Binance to spend money on advertising, surely people will know about this exchange more.

In addition, I have participated in some IDO projects at Binance Dex and occasionally made a good profit so this is a place that is expected to be very promising.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

Binance DEX for sure yet its being dragged on with Binance reputation/popularity itself thats why as long Binance is on the peak then
i would say that among or even we do just talk about liquidity then this one would really have it knowing that going thru their
DEX would have the chance to be listed into their main platform.So the next step is normally for most projects to go look or do go after that.
Already through the centralized service it tops the market even though there were more exchanges available for the trading needs. DEX that are available at the present has got very low liquidity, but if the same is being started by Binance surely the DEX will be much more effective and used in large numbers.

Already Binance has begun its development, and two years from now is very big time frame. Within this Binance DEX will reach the market and will be having noticeable volume of trades happening through it. By the time there will be more exchanges with some unique features gets developed giving competence as market is getting highly competitive day by day.
hero member
Activity: 3038
Merit: 634
I do not understand why Blocknet's name has become more popular lately. As far as I know, it has been present for a long time. Right?
Honestly, I've just heard their name recently because the most popular that I've been hearing before is always IDEX. I've used the dex personally until they started to ask about KYC. I don't know about blocknet on how long they already are.

But Binance took over it easily, they have an established centralized exchange and upon building up a so called 'dex', they've easily gathered the attention of every trader that likes dexes.
member
Activity: 406
Merit: 10
In this time, the best DEX is Binance DEX. it has biggest volume in DEX
i think it would grow in the future, as long as Binance.com grows too



Binance and IDEX is NOT a true DEX unfortunately. Funny to see everyone here mention Binance, when their "DEX" isn't decentralized at all. A REAL DEX is owned and controlled by the users, NOT the company itself. All the nodes that verifies the transactions is owned, and controlled by... Yeah.. You guessed it, Binance!

IDEX enforced KYC, and this completely puts them out of the DEX game. That's basically the same as ThePirateBay asking you to submit your personal details to download torrents through their website.

I'm literally stunned how uneducated some people are. Crypto is still running on hype, and everyone seems to follow along like sheeps, not even paying attention to the underlying tech that makes it all possible.
I'm a big fan of Blocknet as well, though it seems to be under the radar, like most other decent projects in this bear market.
legendary
Activity: 3038
Merit: 1169
There is a lot to consider regarding what DEX do you want to establish your trading, pretty much I am guessing many surely want a more secure, trustworthy, and surely anonymous one out there, and fairly easy to use for newbies to surely coop up fast but for me, I am using Binance DEX and currently the number 1 out there,

I had made fairly a lot of tradings and withdrawings that I lost count and pretty much it doesn't fail me a single time, and well back in the days when Airdrops and ICO was the main thing this exchange become popular Ether Delta is a main DEX that I am using back in the days when it is still popular.
sr. member
Activity: 1221
Merit: 250
I have no doubt that currently the most promising Dex on market is https://bisq.network/
It is not the cheapest, but it combines convenience (it is very user friendly) and security.
I think that security will be the argument that will soon make Bisq the most popular decentralized exchange on the market.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

i think the biggest DEX might be yet to be completed, the ones out now are so phony, cryptobridge style, still centralized
it wont be Mcafees, his dex is solely dependent on him being a crazy bastard, how long could that last, another 20 years max?
I think in 2 years we will have atomic swaps, and p2p, with Bitcoins wallet itself being the dex, like Bisq, where anyone can place any offer of any token they hodl
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