Hi guys! Recently decided to move all my activity to a DEX exchange. But haven't decided which one of them to use yet. Do you use DEXes? What's the best one?
Changelly and the Barter DEX's are pretty useful, I did a fair bit of trading with them previously, although Changelly had pretty hefty fees compared to the other exchanges out there.
Can't understand why dexes are so hyping...
More secure, that's all. Using a centralized exchange is the same like using a centralized bank.
Yep, decentralised exchanges are a lot safer then using something that is controlled by an actual company, we've all heard stories of funds being frozen, KYC forced, hacks, and other horror stories. DEX's make these go away.
Move this to service discussion/trading discussion, you'll get better answers there.
IDEX and Kyber network are one of the largest DEX. Though Changelly advertises itself as a DEX, it's not. The closest DEX alternative to Changelly is airswap.
Binance DEX is a cool new option and with much documentation than any others. Decentralized exchange gives you the feeling that you are always in control of your money.