Post
Topic
Board Speculation (Altcoins)
Re: DEX's with MILLIONS in volume, COULD make you stinking rich, here's why.
by
GucciBoy
on 11/06/2020, 13:40:33 UTC
Good start to post but you lost me at Blocknet - only has 15k trading volume

Kyber is the way for this play

Staking coming end of June - https://www.coindesk.com/kyber-offer-delegated-token-staking-network-upgrade
Most used Dapp or DEX or both, forget which (search for it - Binance did an analysis)
70% of transaction fees burned
Etc...

DYOR


The volume is low because Bittrex doesn't allow US traders on their platform, which is Blocknets main exchange. Their DEX gets up to $10k volume on it's own some days, some days more, some days less.

Blocknet is MUCH more than just a DEX, which I believe most people are unaware off.

The best DEX is ViteX built on Vite (this is DAG project, like IOTA but with smartcontract). And they share 90% of revenue from trading fees to token holders (10% for owners). And this DEX is for multi blockhains.
Have you heard about uniswap, it's a dex exchange, currently lots of coins in there are doing x5 - 100, to me its consider the best Dex for now because it's really easy to navigate through, lots of people have been made awesomely rich from that exchange

Uniswap is limiting itself by being an ETH-based DEX. Meaning you CAN'T trade anything else than ERC tokens on it. This leaves out a LOT of projects, including BTC.