Post
Topic
Board Service Discussion (Altcoins)
Re: Decentralized Exchanges
by
Greeenmtn
on 20/02/2019, 14:02:51 UTC
Surprising, there are so many DEX I never knew. Out of this massive list, I only use Crypto Bridge and Allbit. Often I try to avoid DEX for its slow loading process, limited listed coins, and small trade volume. I think we need a clean and faster DEX for everyone so it gets more liquidity.

Idex and etherdelta are the most common decentralized exchange I use especially when I want to buy erc20 tokens or when I want to sell it. For regular trading, I still use the centralized one since I mostly trade in btc/fiat pair. Decentralized exchange is good at one side but centralized exchange still better at some points.
Advantage for decentralized exchange is you can trade anonymously and you can take advantage buying on dump tokens from bounty hunters.
I use IDEX over Etherdelta  because it's more popular now and has a cleaner interface compared to Etherdelta but I think there will be a big decentralized exchange that is soon to come, which is the Binance Dex.

Relevant news about this one has a latest publication today.

New Binance DEX Testnet Launches in Less Than 24 Hours: Here’s What Users Need to Know

Thanks for the update. It is a good development. This is one of the DEXes that many are anticipating will be the biggest. At least, it will create a lot of competitions among all others.
By the time the Mainnet lunches, i will do the update.
I have been waiting for it.

Saw this on Twitter this morning, "The Binance "DEX" is as much a DEX as JPM coin is a cryptocurrency. ¯\_(ツ)_/¯"

https://twitter.com/WhalePanda/status/1098168819045019650