Post
Topic
Board Altcoin Discussion
Re: IDEX is complying to KYC and other regulations
by
Iyeman
on 31/07/2019, 04:46:52 UTC
https://t.co/BOlh4wF1Ju

Another 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/1151580771762786306
Their 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?



Seems like IDEX became just a regular small exchange, without any interest from the customers side... Looks like DEXs just cant handle a regulation pressure, thats pity, but it is a nowadays reality, maybe it is too early for real DEXs. Use Etherdelta, TRUE DEX haha Grin
You should watch the old news about how etherdelta has been pushed by the US regulators, it's not safe for dex creator to be located around US. Even the dex creators feel worried if they can be arrested if they were not following the regulator's order. There is no true DEX right now.