@devs, have you thought much about ways to improve the usage of the DEX? In my view it is such a good idea but has barely gotten any traction. When we look at coinmarketcap and see that $7 worth of XCP traded on the DEX over the past 24 hours vs. ~$6K on Bter I just wonder where we go from here.
does it count the volume from venn, the automatic escrow, maybe people have just moved to that .
I don't know, and that's a good point. Is there some way of checking what this volume might be?
Regardless, I think my main point is still valid. I love the idea of the DEX but to be honest the adoption thus far has been disappointing. Is there some way to incentivize people to use the DEX vs. an exchange? I know bter has a points system that gives you discounted fees etc. Maybe something like that could be incorporated in the DEX? Discounted fees arent an issue in this case but maybe DEX points can be used for something else? Maybe to offset the fees required to create assets?
I used dex to sell few grands if x last months and it wasn't so bad actually. I also sold some on poloniex around the same time and guess what I liked dex better because it had occurred to me 2 times that after sending in my XCP, it did not get credited. I had to opened tickets and took like a two day to resolve.
So my take is trading small amount is fine with dex. For larger amount dex, give me a piece of mind.
If I had a few grand of btc and would want to sell it for USD on the rally to bubble. I would be terrified of using bitstamp/btc-e . I rather hold on my coins and ride the burst. Well that's just analogy.
In short, dex wins on big volume trading