https://t.co/BOlh4wF1JuAnother big "DEX" falls down to the regulations, it's safe to say that they shouldn't be called a dex anymore. Same thing happens with Binance "DEX" they are all complying to these things killing the aspect of a DEX exchange.
The reactions from the customers is obviously negative, the exchange betrayed their audience and it will be interesting to see what happens to IDEX now. I won't use it anymore.
SwitchDex took advantage of this situation and published.
https://twitter.com/SwitchAg/status/1151580771762786306Their DEX looks good and they making sure privacy is the primary focus.
What other DEX you think will fall into the KYC hands and what DEX will you use now?
Totally agree with you all these regulations are killing the decentralized part of a DEX. If this continues to happen then I think soon we will see every DEX and CEX asking for KYC.