Re: Why i am switching from Etherdelta to Idex Decentralize Exch
Guys this is my personal opinion, idex is much faster, you can adjust the gas fees to min as possible, transaction very fast. Very light compare to etherdelta.
Thanks for helping spread the word! I just found this thread thanks to one of our telegram room members. I really appreciate your kind words
You're right it's much faster compared to EtherDelta, almost instanteneous. But I there's hardly any volume on IDEX (7,000,000 USD vs 74,000 USD).
I'll check back in a few weeks to see if there's more action, because there is a lot to like.
I'll check back in a few weeks to see if there's more action, because there is a lot to like.
Completely agree that there is not much liquidity. We built a market making bot and were running it the last few days but we realized that it was slowing the site down a lot. We've taken the bot offline while we get some scaling fixes in, should have it back up in a few days. Will really help with liquidity once it is back up.
Other DEXs such as Radar Relay and others will completely take over ED in terms of speed.
Hey, have you tried out IDEX or taken a look at our architecture? Radar Relay is the exact same setup as etherdelta, neither of those are as fast as IDEX by a long shot. It is possible to build something close to IDEX on 0x, but it is not able to stand up to what we can do in terms of transaction throughput.
I'll never use that Idex thing as long as Etherdelta exists. We don't need such garbage DEX projects anymore. And there is no reason for me to switch my exchange platform. By doing cheap advertisement and guerilla marketing, you won't get what you want.
Curious why you think it is garbage? Have you tried it out? IDEX provides real time trading - there is no need to race other people to get your trade mined before them, once you match it the trade is a done deal. We have the speed of a centralized exchange while keeping the security of smart contract management of funds. Also, fyi this thread wasn't started by us. A user from our telegram did just bring it to my attention though