Bitcoin Forum

What is IDEX?
IDEX is the first Ethereum based decentralized smart contract exchange to support real-time trading and high transaction throughput. IDEX is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels and the ability to fill many trades at once.

Guys this is my personal opinion, idex is much faster, you can adjust the gas fees to min as possible, transaction very fast. Very light compare to etherdelta.

Its worth to try.

https://idex.market/faq

almost all popular pair available

https://idex.market/eth/btcm

https://idex.market/eth/rz

https://idex.market/eth/ebch

https://idex.market/eth/eos

https://idex.market/eth/eagle

https://idex.market/eth/snt

https://idex.market/eth/kick

You're right it's much faster compared to EtherDelta, almost instanteneous. But I there's hardly any volume on IDEX (7,000,000 USD vs 74,000 USD).
I'll check back in a few weeks to see if there's more action, because there is a lot to like.

Other DEXs such as Radar Relay and others will completely take over ED in terms of speed.

I'll never use that Idex thing as long as Etherdelta exists. We don't need such garbage DEX projects anymore. And there is no reason for me to switch my exchange platform. By doing cheap advertisement and guerilla marketing, you won't get what you want.

You're very free to do that. ICYMI the world doesn't revolve around you.


We? That is the most naive, mindless and baseless statement I've read in a long time. At least the people behind IDEX care enough to provide a UI that doesn't look like a duct-taped mess from when making layouts with table elements was a thing and the web was just starting out. And oh, the UX is actually real time.

It's no wonder you're so stuck on EtherDelta if you're inane enough to think IDEX is garbage in comparison.


Again, "the world doesn't revolve around you".


Aren't you adorable.  ::)

I for my part have discovered Idex on my own, without any advertisements, even without Bitcointalk. I connected Metamask, just like in ED and made some trades just to check it out, and I really have to say its a good experience trading there compared to ED. Its just faster and more convenient. What bothers me a bit though are the minimum trade limits, dont know why this have to exist.

Hey, thanks a lot for the review! Love to hear you like what we have built, we put a lot of thought into the design realizing that it was possible to get the trade speed of a centralized exchange with the security of a fully decentralized exchange.


I agree that the trade minimums suck, we felt we had no other choice though. Unlike EtherDelta we have trade matching on IDEX, this means that you can't just match any order you want to match with, you have to match with the best priced one. Since all trades mine on Ethereum there is a gas cost involved, and that gas cost is paid by the market taker. If we don't have a minimum trade amount it will be very simple for people to spam our orderbook with tiny orders that cost more in gas to mine than the orders are worth. This would make the cost of doing a trade extremely expensive, effectively making IDEX unusable. The only solution in the short term is to limit the order size so that takers don't have to pay too high of a fee when also including gas.

In the medium term we are working on moving IDEX over to a sidechain solution. This sidechain will use POS mining and be secured by our AURA token and there will be no gas fees, only trade fees, which will go to the miners. Once we are operating on the sidechain there will no longer be minimum trade sizes.

Thanks for helping spread the word! I just found this thread thanks to one of our telegram room members. I really appreciate your kind words  :)



Completely agree that there is not much liquidity. We built a market making bot and were running it the last few days but we realized that it was slowing the site down a lot. We've taken the bot offline while we get some scaling fixes in, should have it back up in a few days. Will really help with liquidity once it is back up.



Hey, have you tried out IDEX or taken a look at our architecture (https://medium.com/p/idex-decentralized-exchange-state-channel-afca2e5809b1)? Radar Relay is the exact same setup as etherdelta, neither of those are as fast as IDEX by a long shot. It is possible to build something close to IDEX on 0x, but it is not able to stand up to what we can do in terms of transaction throughput.



Curious why you think it is garbage? Have you tried it out? IDEX provides real time trading - there is no need to race other people to get your trade mined before them, once you match it the trade is a done deal. We have the speed of a centralized exchange while keeping the security of smart contract management of funds. Also, fyi this thread wasn't started by us. A user from our telegram did just bring it to my attention though  :)

Thanks for explaining that to me. I understand and it makes sense. I was thinking about something like gas being the reason in the first place, just thought that they are kind of high compared to gas costs. But Im sure you did the math before applying the trade minimums. The sidechain solution sounds promising too, will Idex then be able to support other currencies (eg BTC) as well? Keep it up, great work so far!

Hey Bribed, for some reason this never let me know you responded  ??? And yeah, it is high compared to gas but that was so we could have room to raise the gas prices without messing with the minimums. Unfortunately that cat game has really hit us hard right now, shows we are right with thinking we need a sidechain! The sidechain version will be able to integrate with any smart contract blockchain easily, for assets like bitcoin it is more work but should be possible.

Thanks for the words of encouragement! We just released a new Aurora site, be sure to check it out! https://auroradao.com/

Does the other exchange have more volume compared to Etherdelta? It wouldn't make any sense for you to change websites.

Last time I visited idex I saw only a few people uses it. Tbh, idex is easier to use, we can use json file instead of private key to be able to trade our tokens. I wish idex will be get more attention hence I will move there.

Of course not, it's new. That's sorta like expecting Binance to have more volume than Bittrex within a month of launch.


Hmm, how exactly will they get more volume compared to ED if everyone keeps using only ED while waiting for IDEX to get more volume?  :-\

A lot many DEX projects are coming now and then, however ED will never loose its place. Reason is simple, ED have the volume.
For sure IDEX is way quicker compared to Etherdelta, but whats the use if there is no volume out there? same goes for Decentrex and others.  ???

Is listing a new eth token in idex free also?
Do you have the link for the requirements? Thanks.
Never tried idex but might be a good alternative.
But need to have a long list of other eth tokens to attract other traders.

I've checked out IDEX and from a users point of view it seems to be better in all but one aspect and that aspect is volume, right now there is so little volume on almost all coins that it is just unusable for the most part. The team are going to start working on that with market making bots etc but this will take some time. Their ICO started today and I think in time it will be a great success.

Yes it is.


You can find their application form on the footer of the exchange. You might also want to join the Telegram.

Hey there, funny thing, somehow I just stumbled on the thread again today and was also surprised to find another answer from you! Thanks for that one.

All this sounds really compelling and I am looking forward to seeing it being deployed!

As far as I know your tokensale started today, so I wish all the best that you will raise enough funds to develop the project by all means. I will buy some tokens as well! Best of luck!

really good, the information you provide is good. this can be a recommendation material for me and can simplify my trading process. thank you very much for the information

Is it safe to import wallet private key?!

Yes, it is safe now. However i suggest you stay away from ed right now--lots of sketchy stuff going on there. Or if you must really use ed, use metamask--it's a chrome extension.

EtherDelta is a good start but our cryptocurrency market needs near perfect competition to survive. If there is market competition the system will function very well. Idex can build up volume in the near future. We encourage more exchanges to come on board and try the decentralized trading market.

There is absolutely nothing new or special about IDEX as far as I am concern. Etherdelta lags and delay in processing orders and fee could put you in negatives. But one thing is very ckear about Etherdelta, it is always online unlike IDEX! We need many DEX!

Etherdelta has been showing weak signs lately. I didn't know of IDEX before now. I'll check out the site and hopefully, I'll switch over to it. And the Radar Relay you mentioned, I'm not sure I've heard about it before. Are there any Ethereum-based DEXs with good volumes apart from the ones listed?

Thanks for the information. I just know about this exchange and i will try to learn it more. I have problem with EtherDelta like to long loading and this is make me stress. I hope more many decentralized exchange will exist in cryptocurrency market because now cryptocurrency community need it for security reason. 

this is my first time to know about idex and I think this will be good for people which trading the coins from the erc20 base because they have another options trading site besides etherdelta. I guess now etherdelta have a good competitor and in the future, there will be any other trading site like etherdelta and idex. the cryptocurrency world will grow if there is many people join inside and many exchanges will launch and gives the best service to their customer.

I have never had any problems with EtherDelta, save for it is slow and annoying.
I am willing to try IDEX as well, based on what I hear.
DEX are the future and I feel very comfortable on them.

I am thrilled and excited about the new IDEX that the fact it's the new decentralized and people can do trades on EtherDelta or on IDEX.
I my own opinion, Decentralized coins and exchanges are still better than centralized due to it's less fees and safer transactions due to absence of middle parties.
IDEX is now serving ERC20 tokens and I am excited to trade some of my tokens and expecting good or better experience on IDEX.

IDEX Popularity is getting bigger little by little with the number of people trading here continuously grow this can help lessen the volume of Etherdelta  which already congested and sand very slow. IDEX is easier to use, and much faster than Delta

EtherDelta is a stock exchange with a lot of security issues. I need an alternative but I think IDEX will not be successful  :-[

This few days etherdelta really sucks since there are delay and some of their place sell order or buy order cannot be sold. i think i prefer to use idex since its much faster to transac and their website are not delay unlike etherdelta that really make my day because of loading,

I agree with your opinion
because I've tried and very quickly and easily,
I've done sales transactions on altcoin that I have like Trade.Io (TIO).

I will use decentralized exchanges mainly for rare tokens that trading only there. Because even etherdelta can be compromised. IMHO there is no sense talking about security if you are giving private keys to them) For it must have every existing eth token or huge quantity of trading pairs to trade there.

I also stopped trading on EtherDelta because it just costs a lot of time and there are too many bugs for me... I prefer exchanges that have a greater Interface with a nice usability.

Personally, I think that Etherdelta is the slowest decentralized exchange of all time. I'm losing a lot of money and opportunities because of the lag. I spend almost an hour to buy a single altcoin with Etherdelta, I can not imagine how long I want to accumulate altcoins in this exchange, because it takes a lot of time and the volume is not very good. I think this is good news because we have more competitors in this area so they can improve their services.

I also looking for that exchange since I have some coins which is not yet available inside big exchange and looking with how ED is doing right now, better to seek for another alternatives, I'm not familiar with IDEX and I'm trying to check it up thanks for those positive replied its giving me an idea that the exchange can be usable for new users like me.

You're wrong. What do you mean by never lol? Haven't you learned that there is no such word in this space? Anyways, I digress. The biggest problem ED's competitors have is (and I don't understand why it's not an automatic feature for new dexes) not being able to trade unlisted tokens. For me that's both the game changer and a deal breaker in case it's not there. https://forkdelta.github.io. Has a decent volume, team working around the clock on it, works impeccably. ED's new owners have screwed a perfectly fine project by being lazy and stupid. It's only a matter of time before they fade into obscurity.

Yes IDEX will be better than Etherdelta.Since from the start etherdelta is not doing well.Until they launch their own token and i think they forgot to upgrade their exchanger.Now a lot of investors will look for another exchange like idex for easiest trading.

We all know that Etherdelta is so F*cked up right now it is all started when the hack incident happened most of its users lose a lot of money.That is why these people are searching for an alternative that can do whatever etherdelta does and it seems IDEX is one of the candidate to replace ED i hope more currencies would be able to trade there.

IDEX seems to be making its own name nowadays,might consider adding more currencies so we can leave etherdelta,i have tried to trade using this DEX and all i can say is fantastic,better than etherdelta's user interface and a lot smoother transactions than etherdelta,you can replace etherdelta just make sure you wont be a victim by a DNS attack like ED ;D.

I shift to IDEX Because i trap many times in eatherdelta in transactions and my transaction not executed but the fees of transactions deducted from my account and i pay for nothing and website down many time last month for these reasons i shift to eatherdelta to IDEX.

I participated in the ICO campaign organized by IDEX. The other day, there were tokens payments to signatory campaign participants. Not so long ago they replaced their AURA tokens, containing two-digit numbers after the decimal point by 18-digit and almost all payments were in several tenths, and more often than one hundredths of one IDXM coin. True, the payments were decently cut back in size, however in any case the amount of generosity was great. One coin according to the ICO is equal to six ethers. Now one coin on the exchange costs more than four thousand dollars. Those who own the full single coin IDXM get the right until 2021 to trade on IDEX without commission fees. Very tempting. I think this coin will grow in value over time.