Bitcoin Forum

Hi All!

I just published an article on 3 decentralized exchanges I think you should consider using this 2019. I thought this would be relevant for anyone new to crypto and the exchange landscape, so hopefully this helps! https://medium.com/@blockchainseo/3-decentralized-exchanges-to-consider-using-this-2019-8c474d9dd68e.

TLDR:

1. IDEX,
2. BarterDEX,
3. CryptoBridge.

Cheers and do let me know any of your favorite exchanges to trade on.

Best,

BBS

AFAIK, those 3 are already well known (in the Dex ecosystem), I always loved dexes, the problem is the (usually) low liquidity

Definitely agree about that Nico! I think definitely for some getting into things though, can be a little difficult of a landscape to navigate, and unfortunately DEXs boast a higher barrier to entry just for the sole fact there are no fiat purchases. Hopefully just points someone in the right direction. Which are your favorite to use?

Best,

BBS

Now i use IDEX and CryptoBridge, but my favourite was EtherDelta (for the good gains it offered on lots of tokens, avaliable before anywhere else)

My most favourites decentralized exchange is cryptobridge and etherdelta. I'm continuously using this two exchange for trading.

This exchanges have already been in use,and it's not a recent introduction,this decentralized exchanges provides it's customers with wonderful advantages and they should be good to use in this 2019 likewise.
I personally prefer IDEX, as their mode of operation appeals most to me

You mentioned 3 decentralised exchange and you didn't mention switcheo? Switcheo is the first decentralised exchange that supports both the neo and Ethereum blockchian.

Unfortunately decentralized exchanges are yet to become popular.  Most people are still using the big guys like Binance, Coinbase, and Bittrex.  These exchanges are starting to implement stricter KYC procedures so it is paramount that decentralized ones start to take off.

Thanks for the recommendation, I have only used CryptoBridge before. I am going to try the other two.

I used the Waves DEX a year ago back when I was experimenting with different altcoins and I found the entire experience to be pretty decent (was mostly trading the WGR/BTC pair IIRC). The platform is mostly oriented towards pairs with WAVES, but there is still decent volume with other pairs involving BTC and such, and the volume for the exchange isn't too bad for a DEX. I'm still definitely going to check out the exchanges listed here though, can't hurt to have more options for DEXes.

IDEX is the platform I regularly use, this is also the most decentralized platform with the most users. upcoming Binance will also release decentralized trading platform, I think it will thrive.

You should check Escodex, DDEX, Switcheo, and RadarRelay. Escodex and Switcheo allows you to trade many different pairing and both of them is quite easy to use, while the rest is available to use for mainly trading ERC20 tokens. Don't use TokenJar, it's a pain in the ass. And btw, I think OP forget to include the most famous DEX, Etherdelta and Forkdelta. But I agree that these two are more or less getting crushed by the market because they don't have a strong proposition except anyone can easily sell and buy any tokens including the shittiest one.

Hey All!

Thanks for all the recommendations. Will look into these and possibly write another piece/follow-up. Of course was unable to fit every single one into a 1500 word piece, but definitely interested in writing more about different DEXs. Really appreciate all the responses and eager to keep hearing more.

Cheers,

BBS

Thanks for the mention, Switcheo are soon to release Fiat onboarding and NEO/ETH Atomic Swaps.

cheers
intsol

Those are not bad mainly I like to use IDEX but we need to use any exchange carefully. We know about cryptopia hacked news which is Newzeland crypto exchage sites. So we should be more carefull about about using exchange site or private key.

I have tried to look into using idex a year ago. For a noob like me it was not user friendly at all. Has that been improved?

Those mentioned decentralized exchanges are standard but my personal and trusted exchange still remains binance I have exchanged with them for a while with out hassle and I don't intend leaving

I like decentralized instant swap, for example KyberNetwork and Airswap.
Also a decentralized matching darkpool exchange, Ren.Exchange