I was using Dex exchange when Idex launched but then after they started limiting minimum trade for takers and Sellers . It is not good as etherdelta as it used to be in past . I dint find similar decentrelized exchange . Even forkdelta also not upto mark . Switcheo is good where we can trade multiple smart contraccts Ethereum , Neo and others . I like that . I used for some time.
I think IDEX still looks good and crowded. although some updates in the past have created controversies such as account creation and KYC. because we have always believed that ED and FK do not need such a system.
Topic: (Yes or NO) The 2020s belong to DEXs - page 9. (Read 5546 times)
DEX still has a long way to go to beat current top centralized exchanges. Yes, DEX did improve a lot in 2019 (remember the shitty etherdelta lol) but DEX still lacks behind in few things which can only be provided by CEX.
I remembered during 2017 wherein etherdelta was really a popular dex until the scam incident happened. That time, I wasn`t able to fund my wallet because I have really know idea in cryptocurrency. However, because of that incident I was shocked because crypto still has its weakness. We can`t say but I am really more confident to trade in CEX even there is a highest withdrawal fee and trading fee. I always follow the liquidity and security of my assets.I personally still uses dex only for dealing small amount of tokens simply because I just don't really feel comfortable trading in there hopefully it will change in the future.
I don’t really think it has anything to do with which one came first just like some people have commented here. And if you ask me, I would say that decentralized exchanges came first before centralized exchanges. The thing is that people usually go with things they are convenient with, and centralized exchanges usually offers more features and ease of use than the exchanges that are decentralized. Even in terms of look, they have better interface than DEX. And the fact that they are secure as well is one other thing that pushes traders towards making use of these exchanges.
I am not thinking that altcoins will be having a boom like how it has done in 2017/2018. I mean we are not having ICOs any more as devs are now preferring only IEOs so listing of their coins are happening within their exchange and I guess only binance among them is having their own DEX as well. So, there cannot be boom for DEX most likely any time soon.
Binance DEX isn't a DEX I am not thinking that altcoins will be having a boom like how it has done in 2017/2018. I mean we are not having ICOs any more as devs are now preferring only IEOs so listing of their coins are happening within their exchange and I guess only binance among them is having their own DEX as well. So, there cannot be boom for DEX most likely any time soon.
I don’t really think it has anything to do with which one came first just like some people have commented here. And if you ask me, I would say that decentralized exchanges came first before centralized exchanges. The thing is that people usually go with things they are convenient with, and centralized exchanges usually offers more features and ease of use than the exchanges that are decentralized. Even in terms of look, they have better interface than DEX. And the fact that they are secure as well is one other thing that pushes traders towards making use of these exchanges.
I am not thinking that altcoins will be having a boom like how it has done in 2017/2018. I mean we are not having ICOs any more as devs are now preferring only IEOs so listing of their coins are happening within their exchange and I guess only binance among them is having their own DEX as well. So, there cannot be boom for DEX most likely any time soon.
I am not thinking that altcoins will be having a boom like how it has done in 2017/2018. I mean we are not having ICOs any more as devs are now preferring only IEOs so listing of their coins are happening within their exchange and I guess only binance among them is having their own DEX as well. So, there cannot be boom for DEX most likely any time soon.
I was using Dex exchange when Idex launched but then after they started limiting minimum trade for takers and Sellers . It is not good as etherdelta as it used to be in past . I dint find similar decentrelized exchange . Even forkdelta also not upto mark . Switcheo is good where we can trade multiple smart contraccts Ethereum , Neo and others . I like that . I used for some time.
I think IDEX still looks good and crowded. although some updates in the past have created controversies such as account creation and KYC. because we have always believed that ED and FK do not need such a system.DEX still has a long way to go to beat current top centralized exchanges. Yes, DEX did improve a lot in 2019 (remember the shitty etherdelta lol) but DEX still lacks behind in few things which can only be provided by CEX.
I remembered during 2017 wherein etherdelta was really a popular dex until the scam incident happened. That time, I wasn`t able to fund my wallet because I have really know idea in cryptocurrency. However, because of that incident I was shocked because crypto still has its weakness. We can`t say but I am really more confident to trade in CEX even there is a highest withdrawal fee and trading fee. I always follow the liquidity and security of my assets.
DEX still has a long way to go to beat current top centralized exchanges. Yes, DEX did improve a lot in 2019 (remember the shitty etherdelta lol) but DEX still lacks behind in few things which can only be provided by CEX.
I remembered during 2017 wherein etherdelta was really a popular dex until the scam incident happened. That time, I wasn`t able to fund my wallet because I have really know idea in cryptocurrency. However, because of that incident I was shocked because crypto still has its weakness. We can`t say but I am really more confident to trade in CEX even there is a highest withdrawal fee and trading fee. I always follow the liquidity and security of my assets. 
I was using Dex exchange when Idex launched but then after they started limiting minimum trade for takers and Sellers . It is not good as etherdelta as it used to be in past . I dint find similar decentrelized exchange . Even forkdelta also not upto mark . Switcheo is good where we can trade multiple smart contraccts Ethereum , Neo and others . I like that . I used for some time.
I think IDEX still looks good and crowded. although some updates in the past have created controversies such as account creation and KYC. because we have always believed that ED and FK do not need such a system. What are the points you wrote for ? whether by following these points everyone will benefit, or even add to the loss ? I ask for an explanation from you so that I do not feel curious about what you write.
Typically, I must first find an exchange, register an account, deposit my Bitcoin in a wallet that I could potentially lose, and hope that the exchange either doesn't go down or freeze withdrawals for x amount of time.Centralized exchanges are like a massive roadblock in what would otherwise be a 20-lane highway and make the trade of Bitcoin into many alts permissioned. KYC is also creeping in.
What's notable about the picture I posted above? For one, I deposited Bitcoin not to an exchange wallets, but my own private one. Through Lightning channels, I connected to a DEX that allows for permissionless trade and found someone selling a certain amount of XSN for so much in BTC. I filled their sell orders and, in doing so, executed a direct, immediate P2P Lightning swap - exchanging my BTC for his XSN. We both got what we wanted.
It emphasizes the exchange as a meeting place for P2P trade more than a middleman that calls the shots and keeps the gates.
It is also capable of aggregating orders from multiple CEXs.
It is a good glimpse into the future where people have far more control over their funds than they had before.
I was using Dex exchange when Idex launched but then after they started limiting minimum trade for takers and Sellers . It is not good as etherdelta as it used to be in past . I dint find similar decentrelized exchange . Even forkdelta also not upto mark . Switcheo is good where we can trade multiple smart contraccts Ethereum , Neo and others . I like that . I used for some time.
1.) Deposit BTC
2.) Lightning swap - permissionlessly - into XSN on Stakenet DEX
3.) Send to Ledger for cold storage
Decentralized P2P tools are getting smart.
What are the points you wrote for ? whether by following these points everyone will benefit, or even add to the loss ? I ask for an explanation from you so that I do not feel curious about what you write. 2.) Lightning swap - permissionlessly - into XSN on Stakenet DEX
3.) Send to Ledger for cold storage
Decentralized P2P tools are getting smart.
1.) Deposit BTC
2.) Lightning swap - permissionlessly - into XSN on Stakenet DEX
3.) Send to Ledger for cold storage
Decentralized P2P tools are getting smart.
2.) Lightning swap - permissionlessly - into XSN on Stakenet DEX
3.) Send to Ledger for cold storage
Decentralized P2P tools are getting smart.
Another video of Stakenet DEX pulling orders off of Binance in real-time with Vortex aggregator
https://old.reddit.com/r/CryptoCurrency/comments/hj62vu/another_video_of_the_lightning_dex_and_the/
https://old.reddit.com/r/CryptoCurrency/comments/hj62vu/another_video_of_the_lightning_dex_and_the/
I doubt if dex owns the future, centralized exchanges will continue to have upper hands unless whales and traders stop using centralized exchanges and move to DEX, security wise dex is better but volume and liquidity centralized triumph
Since the bitcoin surge way back 2017 and the sudden burst of smart contract ICO DEX have become number one go-to if a traders want to unload his portfolio but the unstable network and congestion that leads to a delay of transaction for almost a day makes them return to a centralized exchange.
I feel the major concern about Dex which we all know is liquidity, if Dex can over the challenge of liquidity it will surely challenge Cex exchanges. Many would naturally prefer to trade on Dex rather than Cex if not for liquidity. We can only wait and see what becomes Dex in 2020.
This liquidity problem also does not only occur in DEX, but also in some Cex exchanges, so this can also make it difficult for CEX users in general, although if we look at it thoroughly, it is clear that DEX is much more problematic with liquidity than on exchanges CEX. 2020 is the year of DEFI, not DEXs, it looks like 2021 DEX will become a HYPE like DEfi this year,
make sure you accumulate DEX project coins
DEX=DEFImake sure you accumulate DEX project coins
A decentralized exchange is the definition of decentralized finance.
2020 is the year of DEFI, not DEXs, it looks like 2021 DEX will become a HYPE like DEfi this year,
make sure you accumulate DEX project coins
make sure you accumulate DEX project coins
Dex will have a big role to play for those who wants to stay hidden from Centralized exchanges and the govs but to say the truth dex lacks in some areas, lack of volume and liquidity and the security isn't 100% safe like some claimed
I believe we're closer to full-fledged DEXs than most in crypto would expect us to be.Here's an example. Stakenet Vortex is capable of pulling orders directly off of Binance now. This is a DEX. It can access multiple orderbooks from other CEXs and DEXs and do so immediately.
https://www.youtube.com/watch?v=TsHE2rqIH9A
Dex will have a big role to play for those who wants to stay hidden from Centralized exchanges and the govs but to say the truth dex lacks in some areas, lack of volume and liquidity and the security isn't 100% safe like some claimed
I think that 2020 is a dex trend because a lot of dex has sprung up, for example Lisk's desk https://ldex.exchange/, I think in the future other blockchain platforms that are developing their platforms like Lisk will create desks as well.
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