Post
Topic
Board Service Discussion (Altcoins)
Re: Best NEW DEX to start trading NOW and will BOOM in 2020
by
Rick-C-137
on 11/12/2019, 22:57:57 UTC

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX


KYC on a decentralized exchange will not make it as true decentralized exchange so you should avoid KYC if you want to launch DEX.

DEX lacks trading volume which is the reason why people going with centralized exchanges even if they knew its high risk associated while trading on it so you should probably have more trading pairs and best user interface to attract more traders which will make the volume to be increased.

thank you for your insight. Agree people need DEX that have the volume of central exchanges


Hotbit 24hr volume $930,919,018  Vs.  Binance DEX  24hr volume $888,754

Imagine a DEX with just half of Hotbit

I wonder if any DEX system could even handle that user and trading load?