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Title: Which is the best Decentralised exchange used in India? Post by: kentrolla on February 13, 2025, 07:58:30 AM I would need a suggestion from the forum especially from this who has been doing trading through DEX as it's not good trading through CEX as it's eating up our profit due to unjustifiable capital gain tax of 30%. I have used some of the DEX but couldn't find the range of altcoins as there are limited options when it comes to mainstream altcoins.
Please suggest the DEX which you are using and the reason why it stands out from other DEXes available in the market. Title: Re: Which is the best Decentralised exchange used in India? Post by: pawanjain on February 13, 2025, 04:10:48 PM I'll be honest but I haven't really used DEX much yet. I have tried using Uniswap once or twice may be and found it good.
You can use THIS LINK (https://www.coingecko.com/en/exchanges/decentralized) to get the list of decentralized exchanges. If you are confused as to which one to use, you can either try Uniswap or Pancakeswap. They have the highest volumes. Title: Re: Which is the best Decentralised exchange used in India? Post by: libert19 on February 15, 2025, 06:03:43 AM It depends which coins you want to trade. For evm chains, you will find plenty, just search accordingly, ex. 'optimism dexes'. Other than that instant exchanges also work good — as they also have have plenty coin choices available as of lately and here you are not restricted to particular chain either as in case of evm dexes.
Title: Re: Which is the best Decentralised exchange used in India? Post by: Bitcoin Smith on February 15, 2025, 03:09:32 PM You can also try these no KYC- anonymous exchanges - https://kycnot.me/?t=exchange and see if the coins you are trading is available.
I don't trade altcoins so my knowledge is very limited and DEXes always has the liquidity problem when it comes to less used/new tokens, the best way to find the exchange is to look the coin/token on CMC and check which DEX got more liquidity. Title: Re: Which is the best Decentralised exchange used in India? Post by: kentrolla on February 15, 2025, 10:46:02 PM Pawanjain, Libert19 and Bitcoin Smith I would like to thank all three of you for your suggestions as it would help and yes I have used uniswap in the past and found it to be better in terms of volume and coins. I will explore more no kyc exchanges as it not easy to earn through trading and share 30% of it with government.
Title: Re: Which is the best Decentralised exchange used in India? Post by: libert19 on February 16, 2025, 04:58:39 AM ... and yes I have used uniswap in the past and found it to be better in terms of volume and coins. Technically the thing with uniswap like dexes is, every token that's created on Ethereum (+ other supported chains) will be available there, only thing one needs to worry about is liquidity. ..the best way to find the exchange is to look the coin/token on CMC and check which DEX got more liquidity. Or use dex aggregators like 1inch. Title: Re: Which is the best Decentralised exchange used in India? Post by: JSRAW on February 20, 2025, 05:00:56 AM @libert19 Only merited to bump you up to legendary lol Cheers bhai
Title: Re: Which is the best Decentralised exchange used in India? Post by: libert19 on February 20, 2025, 05:57:06 AM @libert19 Only merited to bump you up to legendary lol Cheers bhai Thank you, appreciate it. Title: Re: Which is the best Decentralised exchange used in India? Post by: Bitcoin Smith on February 20, 2025, 02:54:35 PM @libert19 Only merited to bump you up to legendary lol Cheers bhai We don't witness such events very often here that make it's a hell of an achievement from Indian board.@libert19, congratulations. |