Post
Topic
Board Service Discussion (Altcoins)
Re: Decentralized Exchanges
by
shoreno
on 07/06/2019, 09:34:27 UTC
Today is the best solution exchange IDEX

That's the most popular decentralized exchange now, but the volume has really gone down because the interest of ETH tokens has also dropped.
Currently, trading volume now is $1,753,150 USD but I hope a new competitor will operate in the market and will not only be limited for ETH and its tokens.

Last year there is huge volumes in Idex but due to decrease in the price of ETH and there are some fake coins listing there makes many people not showing interest towards index exchange. Still, it is generating very good volume in the market.
That's the big changes in the market now, ICO has decrease and therefore ETH tokens are losing its popularity.
But this is just part of the journey in the market, changes really happens, and maybe soon, a new decentralized exchange not only focus on ETH tokens, but other coins might boom in the market. I'm really hoping for more competition so people will have a lot of option to trust and to invest with.

As the technology keep changing companies might show interest towards others block chain, now it's trend of BNB most of companies are migrating Binance blockchain and in future Binance decentralized exchange will show more reputation in the market.
Sure companies will create new innovations but some people will stick on the original ( i.e original blockchain and original coins )  not all new are good because they might still have bugs that will affect your crypto experience  however binance is a good reputable exchange and i think other products related to binance will also be indemand from the public  .