Bitcoin Forum

Decentralization has been the key driving force of cryptocurrency since inception. This in my opinion is the attraction point for mass adoption, most especially being an alternative to centralization.

Those who use centralized exchanges, whether regulated or not, do not have any anonymity, because their personal details are being submitted.
For security purpose, a lot of crypto enthusiasts are also being careful of giving out their details to scammers, even while using exchanges.
Little do i wonder, even Binance, the world's largest cryptocurrency excahange, who knows the importance of decentralization in the crypto space, had to reveal the release of its most anticipated   Binance DEX (https://thebitcoinmag.com/binances-dex-to-launch-with-immediate-support-for-hardware-crypto-wallets/3330/).
Also, due to some reasons, such as the hack of centralized exchanges, lost of funds and users not having full control over their funds, more users might switch over to the use of decentralized exchanges. Which is now evident, seeing so many projects considering listing on decentralized exchanges.

This has then spurred me to give a list of some reputable decentralized exchanges that are presently operational in the crypto space, but before that, i would explain what decentralized exchange is and state some of its advantages and disadvantages.

What is Decentralized Exchange?

A decentralized exchange is an exchange where the customer has full access and control over his/her fund, without the interference of a third party. On this type of exchange, private keys and coins are not stored on a central server, which is why hackers cannot find it easy to hack and steal the funds of users. This invariable means that users have the full control over their assets, unlike the case of a centralized exchange.
On decentralized exchange, trading is done on P2P (i.e, Peer-to-Peer) basis on an automated system. Therefore, eliminating the interference or service of a middle man.
 Credits to Cryptocompare (https://www.cryptocompare.com/exchanges/guides/what-is-a-decentralized-exchange/)

Advantages and Disadvantages of Decentralized Exchange?

Advantages

1. Security: The most important and profound advantage of decentralized exchange is its security. It is more secured, because you do not need a central authority or third party to store your funds in a central system, which then makes it much harder to hack.

2. Privacy: You can trade on decentralized exchange without any need of you to submit your personal information, such as your international passport, name, address, phone number and the likes. All you need is to login with your wallet details.

3. It is Ubiquitous: DEXes can be used in countries where the use of cryptocurrency exchanges, most especially centralized exchanges are banned. Therefore, it is found and accessible to users from any part of the world.

4. Decentralization of servers: In the case of a decentralized exchange, there is no centralized server. Considering the importance of anonymity, they are stored across serves located allover the world. You you cannot trace its use to a particular person, which also ensures more security. There is also no risk of server downtime.

5. Presence of Actual Volume: Unlike most centralized exchanges where bots are used, there are no bots on decentralized exchanges. This invariably means that you will know the actual volume being traded.


Disadvantages

1. Non Beginners friendly: Beginners may not find it easy to use, but they can explore it and with constant use or exposure, they will find it easy.

2. Suspense over Ownership: The creator might not be known in person, except he decides to reveal his identity, which makes him to be able to evade tax or government influence. Its use can be suspicious, but when tested over time, it can be trusted. Nonetheless, there are good numbers that have been tested and trusted, including some that will soon be lunched, such as BinanceDEX.

3. Lack of Public Awareness: This is more reasons threads like this are very important, because there is no adequate awareness and sensitization, unlike the case of centralized exchange. Which means if you do not ask someone that knows, you may not know.

4. Low liquidity: Due to lack of awareness, some decentralized exchanges experience low liquidity, but we are gradually tending towards that time, where liquidity will not be a problem.




⚫ 0x (https://0x.org/)
0x is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain. Anyone in the world can use 0x to service a wide variety of markets ranging from gaming items to financial instruments to assets that could have never existed before.

Community
Twitter: https://twitter.com/0xproject
Discord Chat: https://discord.gg/d3FTX3M

⚫ Altcoin Exchange (https://www.altcoin.io/)
The mission of this platform is to create a decentralized altcoin exchange built by traders for traders. It is secure and you are in complete control of your fund. You will not lose your coins through hardware failure, lost credentials, or other negligence. User experience that enables our users to make trades faster and without worrying if they’re exposing themselves to risk.

Community
Twitter: https://twitter.com/altcoin_io
Telegram: https://t.me/altcoin_io

⚫ AirSwap (https://www.airswap.io/)
AirSwap is scalable, portable, and secure, designed for any token, on any website, on any device, and in any language. It focuses on facilitating ERC20 trades.

Community
Twitter: https://twitter.com/airswap
Telegram: https://t.me/airswap

⚫ Allbit (https://allbit.com/)
It provides fully  decentralized trading system without the delegation of assets, where transaction is transparent through the blockchain.
The block confirmation time for transactions, is one (1) second, which is enabled by an improved consensus algorithm.
According to report (https://cryptobriefing.com/exchange/allbit/ [u), the 24 hours trading volume is, $44,796.33 (13.07 BTC). It is amazing that its website is most popular in South Korea with an Alexa rank of 3540.
The exchanges allows its users to trade BTC, ETH, ERC20 tokens and all cryptocurrencies in a decentralized manner.

Community
Twitter: https://twitter.com/allbitofficial
Telegram: https://t.me/joinchat/HdiEFBANrjf0-AVgrcbd6A

⚫ Aphelion (https://aphelion.org/)
This is a cryptocurrency DEX powered on NEO blockchain, that brings about peer-to-peer trading of cryptocurrencies.
Due to its decentralized nature, it has helped to provide solution to and put an end to high fees, hijacked tokens, delays, locked trades and frozen funds. It never stores tokens, it is an open source and community driven.

AphelionDEX is available as apps and on web:
Desktop (https://github.com/aphtoken/aph-wallet-gui/releases/ [u)
iOS (https://itunes.apple.com/us/app/aphelion-mobile-wallet/id1418366948?mt=8 [u)
Android (https://play.google.com/store/apps/details?id=com.aphelion.wallet [u)
Mobile Web (https://mobilewallet.aphelion.org/ [u)

NOTE: It is the first decentralized exchange that has successfully blocked US citizens from trading, but the can access the ,mainnet.

Community
Twitter: https://twitter.com/apheliontoken
Telegram: https://t.me/AphelionToken

⚫ Bancor (https://www.bancor.network/)
Bancor’s decentralized liquidity network redesigns the way people create and share value by ensuring continuous on-chain liquidity between blockchain-based assets.
The exchange is meant mainly for ETH and ERC20 tokens.

Community
Twitter: http://twitter.com/bancor
Telegram: https://t.me/bancor

⚫ BarterDEX (https://komodoplatform.com/)
BarterDEX is a program created by Super Net with the intent of decentralizing cryptocurrency exchanges and securing them. It promises a service that is free, secure and has easy integration with other kinds of coins.
The company claims that with the use of BarterDEX companies can avoid the worst problems caused by centralized exchanges, like hacking and thefts. These problems can make companies lose millions of dollars and are very dangerous to them.

Community
Twitter: https://twitter.com/komodoplatform
Telegram: https://t.me/KomodoPlatform_Official

⚫ Binance DEX (https://www.binance.org/en/trade/)
This is a long awaited exchange and which is able to compete and surpass all the existing DEXes due to its unique tech. It is a decentralized exchange which has been lunched on its native blockchain, called Binance chain. Part of the reasons for whch it is lunched, is to empower the growth of community and to foster the industry's long term vision of peer-to-peer trading.
Community
Twitter: https://twitter.com/Binance_DEX
Telegram: https://t.me/BinanceDEXchange


⚫ Bisq (https://bisq.network/)
Bisq is an open-source, peer-to-peer application that allows you to buy and sell cryptocurrencies in exchange for national currencies. No registration required.
It uses desktop application which can be found on the website.

Community
Twitter: https://twitter.com/bisq_network
Slack: https://bisq.network/slack-invite

⚫ BitShares (https://wallet.bitshares.org/)
Bitshares is a decentralized exchange where you can buy and sell any cryptocurrency, fiat currency or commodities. It allows users to issue and use Market Pegged Assets (MPA) and User Issued Assets (UIA) which can be exchanged within the Bitshares DEX. Market Pegged Assets are pegged to the value of their underlying assets like the Dollar, Euro, Bitcoin or Gold. User Issued Assets can be issued by anyone, allowing users to issue stocks or other forms of assets on the blockchain.

Community
Forum: https://bitsharestalk.org/

⚫ BlockEQ (https://www.blockeq.com/)
BlockEQ is a stellar decentralized exchange and it is the first stellar decentralized exchange and wallet on the App Store. Other versions such as android, iOS and Windows 10 are available.

Community
Reddit: https://www.reddit.com/r/BlockEQ/
LinkedIn: https://www.linkedin.com/company/blockeq/


⚫ BlockTrades (https://blocktrades.us/)
Blocktrades.us is a decentralized cryptocurrency exchange. It provides a fast and direct way of trading steem for popular cryptocurrencies and other altcoins. Blocktrades brings together traders on an exchange, where they optimize trading opportunities. t also facilitate trading and transfer of various digital assets.

Community
Steemit: https://steemit.com/@blocktrades/blog

⚫ Braveno (https://braveno.com/)
Braveno operates a scalable token exchange with decentralized settlement, provable full reserves, and secure interfaces for managing tokens.
It is an European blockchain exchange with provable full reserves via segmented wallets and decentralized settlement for full transparency.

Community
Twitter: https://twitter.com/BravenoHQ
Chat: https://braveno.zulipchat.com/

⚫ BlockNet (https://blocknet.co//)
This could be the big revolution that could change the concept of online trading. It offers a free market DEX that is built on Blocknet protocol, with every step being decentralized. You have long wanted a DEX, where are form of cryptocurrency can be traded, Blocknet is one of such. The prospects are high, with Interchain Blockchain Services in progress, where you could communicate between different blockchains.

Community
Twitter: https://twitter.com/The_Blocknet
Discord: https://discord.gg/2e6s7H8


⚫ BlockEQ (https://www.blockeq.com/)
BlockEQ is a private Stellar wallet where you can create an account with a recovery phrase that only you control. With BlockEQ you can send, receive, and trade Lumens (XLM) and Stellar Tokens on a decentralized exchange.

Community
Twitter: https://twitter.com/bisq_network
Reddit: https://www.reddit.com/r/BlockEQ/

⚫ BTSABC (https://bit.btsabc.org/#/)
The DEX is inherently decentralized, enabling you to trade the BitShares core token (BTS) and a range of trustless price-stable, market-pegged assets such as bitUSD, bitCNY, bitBTC, bitGold and more. These assets can all be traded with zero counter-party risk, putting you in total control of your funds.

The DEX also enables creation of user-issued assets (UIAs), which can be traded against any other UIAs or trustless assets on the platform. One well-known issuer on The DEX is OpenLedger, offering a host of assets including BTC, ETH, STEEM, DASH, LTC, DOGE, and many more. This gives cryptocurrency traders a unique blend of traditional and decentralized trading, all in a familiar exchange interface.

Community
Telegram: https://web.telegram.org/#/im?p=g33416306

⚫ CDEX (http://trade.cdex.live/)
A Guernsey based Fintech company, called The Collective, has lunched its DEX as part of its lined up products. CDEX is a fully functioning global decentralized marketplace for Ethereum based tokens. On this same platform, it has been stated that users will receive 50% discount on transaction fee for holding CDEX token.

Community
Twitter: https://twitter.com/TheCollectiveGo
Telegram: https://t.me/thecollectivego

⚫ Coinchangex (https://www.coinchangex.com/)
CoinChangeX is a decentralized Ethereum Token Exchange that allows users to securely trade ETH and Ethereum-based tokens.

Community
Twitter: https://twitter.com/RXCCrypto
Telegram: https://t.me/coinchangex

⚫ Counterparty DEX (https://wallet.counterwallet.io/#)
Counterwallet is a free web-wallet for Bitcoin and Counterparty, the world’s first protocol for decentralized financial tools. It is entirely open-source.

Community
Twitter: http://twitter.com/CounterpartyXCP
LinkedIn: https://www.linkedin.com/company/3644957

⚫ Crypto Bridge (https://crypto-bridge.org/)
CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners that supports trading of most popular altcoins.
It is one of the promising decentralized exchange with ongoing development and updates by the team. It has a beautiful interface, well secured and puts you in full control of your funds.


Community
Medium: https://medium.com/@cryptobridge
Twitter: https://twitter.com/CryptoBridge
Discord: https://discordapp.com/invite/H6Qt2dQ

⚫ CryptoDerivatives (https://cryptoderivatives.market/)
CryptoDerivatives.Market is a decentralised trustless ether/Ethereum token exchange contract market

Community:
CryptoCompare: https://www.cryptocompare.com/

⚫ Cybex (https://dex.cybex.io/en/exchange/ETH_USDT)
A decentralized exchange forked from BTS, higlighting atomic swap, bank-level security, centralized match-making, etc.

Community
Medium: https://medium.com/@cybexexchange
Twitter: https://twitter.com/cybexexchange?lang=en

⚫ DC-Ex (https://www.dc-ex.com/)
DC-Ex meaning Digital Currency Exchange, is world first peer to peer exchange platform for e-currency and cryptocurrency.

Community
Twitter: https://twitter.com/digitalc_ex
Telegram: https://t.me/dcexchange

⚫ DDEX (https://ddex.io/)
DDEX is the first decentralized exchange built on Hydro Protocol technology, offering instant, real-time order matching with secure on-chain settlement. It is one of the top decentralized exchanges by both total number of transactions and trading volume. Realtime API. Liquidity friendly fee structure yields greater market depth.
Using Ethereum smart contracts and the Hydro Protocol, DDEX allows users to trade digital assets directly from wallet-to-wallet. No depositing required: you have complete control of your assets.
It is available both in app and web trading versions.

Community
Twitter: https://twitter.com/protocol_hydro
Telegram: https://t.me/ddexio

⚫ Decred (https://www.decred.org/)
Decred is an autonomous digital currency. It has striven to solve blockchain governance. Its innovative consensus voting model empowers stakeholders and allows for the seamless transition from one set of rules to another. Decentralized decision-making and self-funding have enabled us to build a robust, evolving digital currency, free from third party influence.

Community
Reddit: https://www.reddit.com/r/decred/
Twitter: https://twitter.com/decredproject

⚫ DEXEOS (https://dexeos.io/)
This is the world’s first EOS-based decentralized exchange. It is fast trading based on EOS TPS. Trading is done with personal EOS account and every airdrop will be deposited or sent into that same account.

Community
Telegram: https://t.me/dexeos_io
Twitter: https://twitter.com/dexeosio

⚫ DUBIex (https://dubiex.com/PRPS/ETH)
DubiEx is a fully decentralized exchange that is unique due to its truly trustless peer-to-peer nature and unique features such as zero-fee trading with a simple and user-friendly UI as well as easy and free token creation. Run by volunteers and activists, DubiEx' greatest advantage is that it is not maintained for profit but rather with the intention of helping advance the ways in which cryptocurrency can make a positive difference in the world.
The exchange is still in quite early stages, but there are plans to add ERC721 token trading, as well as some other features, such as blockchain related game items.

Community
Reddit: https://www.reddit.com/r/PRPS/comments/7t6syq/dubiex/
Twitter: https://twitter.com/hashtag/dubiex

⚫ EasyTrade (https://easytrade.io/)
Easy trade is a decentralized market place for every token.
Community
Instagram: http://instagram.com/easytradedex
Twitter: https://twitter.com/easytradedex

⚫ Eidoo (https://eidoo.io/)
It is an hybrid exchange. It is safe as decentralized exchange and fast as centralized exchange. On Eidoo, you can trade securely, while staying in control of your funds.

Community
Telegram: https://t.me/joinchat/F4ox3EO_ubynqlzakd6lKw
Twitter: https://twitter.com/eidoo_io

⚫ Enclaves (https://enclaves.io/)
It is a liquidity aggregator and decentralized exchange for trading Ethereum based tokens.
There is Zero fees on native Limit orders and 0.2% on native Market Orders. No additional fees for orders on other liquidity providers.

Community
Slack: slack (https://join.slack.com/t/enclavesio/shared_invite/enQtMzQ1MDk3MDYzMjMzLTVmNDFmMDYyZDQ0NTEwOTMzYmI2YzA1NGI0MDMwZDc1MmQ5YTIyNmY3Y2ZlNjRhYjkzYTIyYmJkNTY0YzljYzU/)
Telegram: https://t.me/joinchat/FVjP7khwC37qgT5qVdvEtg

⚫ ETHERC (https://etherc.io/#EET-ETH)
ETHERC.IO is a new fully Decentralized Ethereum Token Exchange. It’s the world’s first Decentralized Exchange that established a solution for Gas-Free trading.

Community
Telegram: https://t.me/ETHERC_Official_Channel
Twitter: https://twitter.com/etherc_io

⚫ EtherDelta (https://etherdelta.com/)
EtherDelta is a decentralized trading platform for Ether and Ethereum-based tokens, but you would need to deposit your coins, which can also be withdrawn directly into your wallet.

Community
Twitter: https://twitter.com/etherdelta

⚫ EtherFlyer (https://www.etherflyer.com/)
A truly solid decentralized crypto exchange, leveraging the power of Ethereum, and empower users to exchange in a secure and trustless fashion.

Community
Twitter: https://twitter.com/etherflyercom
Telegram: https://t.me/etherFlyer

⚫ Forkdelta (https://forkdelta.app/)
ForkDelta is a decentralized trading platform that lets you trade Ether and Ethereum-based tokens directly with other users.
This interface EtherDelta was forked, which gives birth to Folkdelta, with a ton of improvements including a much faster order processing system. It interacts with ForkDelta's revamped API and EtherDelta's original contract.

Community
Twitter: https://twitter.com/ForkDelta

⚫ GDEX (https://www.gdex.io/)
Gdex is world first dex which require No deposit, no withdrawals, no wrapping ETH and trades are done directly with your wallet.

Community
Telegram: https://t.me/gdexexchange
Twitter: https://twitter.com/gemsdex

⚫ Heat (https://heatwallet.com/#/login)
You must have heard of the issue of scalability which most popular blockchains face. The problem of handling ever-increasing number of transactions on the blockchain puts constantly increasing pressure on each node in the network. The HEAT technology removes this pitfall by intelligently combining the best features of the existing 2.0 cryptos with a completely remade, sliced blockchain mechanism. Using custom built storage and access solution, based on Memory Mapped Files, binary data stored on disk can be accessed at near RAM memory speeds - without the need to load this data in RAM. Splitting blockchain into separate files for various data types, the HEAT Java server can fulfill the requirements of any modern commercial fintech applications on blockchain.
Another good part of it is that, it is highly decentralized.

Community
Forum: http://heatledger.net/
Twitter: https://twitter.com/heatcrypto

⚫ Hodl Hodl (https://hodlhodl.com/)
Peer-to-Peer cryptocurrency exchange that doesn't hold funds. It is the world’s first non-custodial OTC trading desk for Bitcoin. It pair btc with so many altcoins, including stable coins.

Community
Telegram: https://t.me/HodlHodl
Twitter: https://twitter.com/hodlhodl

⚫ IDEX (https://idex.market/)
Idex is focused exclusively on the peer-to-peer trading of ERC20 tokens, but you would need to deposit your coins, which can also be withdrawn either directly into your wallet or another of your choice.

Community
Discord: https://discord.gg/UHAGGBz
Twitter: https://twitter.com/aurora_dao

⚫ INSTEX (https://app.instex.io/ZRX-WETH)
This is a wallet-to-wallet trading platform that will help you to sell and buy any ERC20 token. A new DEX on 0x protocol.
Another good part of it is that, no fee is taken at the moment.
ETH needs to be deposited(wrapped) to trade with ERC20 tokens.

Community
Telegram: https://t.me/instex
Twitter: https://twitter.com/Instex_0x

⚫ Interstellar (https://interstellar.exchange/#/home)
Instellar is a multi-awesome wallet and decentralized exchange. Interstellar takes everything great Stellar has to offer and packages it into one nice coherent user experience. It has all the features on a fully decentralized exchange, where the users have full control cryptocurrencies and tokenized assets.

Community
Twitter: https://twitter.com/interstellardex

⚫ KyberSwap (https://kyber.network/swap/eth_knc)
Leveraging Kyber’s liquidity protocol to provide the simplest, easiest and most secure way to buy and sell tokens.
- Simple. No orderbooks, deposits, or wrapping
- Instant. No waiting for orders matching to happen
- Secure. No middleman and transaction risk

Community
Telegram: https://t.me/kybernetwork
Twitter: https://twitter.com/kybernetwork

⚫ Loopring (https://loopring.org/)
Loopring is an open source decentralized exchange, which gives users control over their funds. It also gives an avenue for DEX creators.

Community
Telegram: https://t.me/loopring_en
Twitter: https://twitter.com/loopringorg

⚫ NebliDex (https://www.neblidex.xyz/)
NebliDex is the world's first Neblio blockchain decentralized exchange for trading Neblio, Bitcoin, Litecoin and Premier NTP1 tokens with no payment gateway.
- No central server and no central order book and charts.
- No one owns the exchange and no one can lock up your funds.
- One touch option to become a Critical Node.
- Open multiple orders at the same time.
- This website down? The exchange will still run.

Community
Telegram: https://t.me/joinchat/HtnRHBDA4HDzbZRGK0QBFg
Twitter: https://twitter.com/neblidex

⚫ Oasis Direct (https://https://oasis.direct/)
asis is a liquidity pool on the Ethereum blockchain. The Simple Market and Matching Market smart contracts provide for the trustless atomic exchange of ERC20 tokens without third party counter-risk.
Oasis Direct makes use of proxy contract functionality from Dappsys to bundle multiple transactions into a single call. A front-end at oasis.direct provides simplified access to multi-step trading operations on Oasis and leverage via Maker.

Community
Steem: https://steemit.com/@oasisdirect
Twitter: https://twitter.com/oasisdirect

⚫ OpenLedger DEX (https://openledger.io/welcome)
OpenLedger DEX happens to be one of the best DEXes in the crypto space. It might not be well known to some, but the rate of its development will enhance its fast popularity among crypto enthusiasts. Of course of know you should DYOR to gain more confidence.
It is a  secure, fast and flexible decentralized cryptocurrency trading platform. OpenLedger DEX has a simple, intuitive interface which is constantly being worked upon.
It is one of the DEXes that alows the trading of over 50 cryptocurrencies on multiple different blockchains, including, Bitcoin, Ethereum, Litecoin, Ripple, EOS, NEO, Steem and  Dash.

Community
Twitter: https://twitter.com/openledgerdc
LinkedIn: https://www.linkedin.com/company/openledger/
Facebook: https://www.facebook.com/OpenLedgerDC/

⚫ SingularX (https://ex.singularx.com/exchange/SNGLS/ETH)
SingularX is a decentralized, peer-to-peer exchange built on the Ethereum Blockchain.

Community
LinkedIn: https://www.linkedin.com/company/SingularX
Twitter: https://twitter.com/realsingularx


⚫ Stellarport (https://stellarport.io/)
Although it is technically not a part of the Stellar Foundation, Stellarport provides direct access to the Stellar blockchain. It is an aggregator exchange that offers a convenient way in which you can manage your Stellar wallet, as well as trade in XLM and other digital assets on the decentralized exchange.

Community
Twitter: https://twitter.com/stellarportio

⚫ Stellarswap (https://stellarswap.space/)
This is also a decentralized exchange, where you can swap your stellar directly into btc and ltc.

Community
Twitter: https://twitter.com/SwapStellar


⚫ Stellar Term (https://stellarterm.com/)
StellarTerm is an open source client for the Stellar network, where you can send, receive, and trade assets on the Stellar network easily with StellarTerm.
It is an open source, which can be used to access the stellar decentralized exchange.

Community
Twitter: https://twitter.com/stellarterm

⚫ Swap.Online (https://swap.online//)
It uses multiple blockchains, which brings about multiple opportunities. On swap.online, there is instant exchange, with no confirmation required.
It is fully decentralized with no interference of a third party and trading is done peer-to-peer.

Community
Twitter: https://twitter.com/swaponlineteam
Reddit: https://www.reddit.com/r/SwapOnline


⚫ Switcheo (https://switcheo.exchange/)
First Multichain Decentralized Exchange (DEX) - Cryptocurrency exchange platform for NEO and Ethereum token trades. It is built on NEO platform, which allows for the trustless exchange of NEP-5 tokens and may expand to other cross-chain tokens in the future.

Community
Twitter: https://twitter.com/switcheonetwork
Telegram: https://t.me/switcheo


⚫ Token Jar (https://tokenjar.io/)
TokenJar is a decentralized Ethereum Token Exchange using the 0x protocol for maximum safe and speed. TokenJar features zero service fees and direct from wallet, without depositing your tokens. You would only need little WETH (wrapped eth).

Community
Telegram: https://t.me/tokenjarenglish


⚫ Token Store (https://token.store/)
Token Store is a decentralized exchange for Ethereum-based tokens. Using the Token Store, users can trade most Ethereum-based tokens such as Iconomi, Augur, 1ST, and many others. The exchange currently has one fee, which is the 0.03% taker fee. Deposit, withdraw, and maker transactions are all free.
Token Store does not store or has access to your tokens.

Community
Twitter: https://twitter.com/tokendotstore
Telegram: https://t.me/thetokenstore

⚫ TRON DEX (https://trx.market/)
RXMarket is the first decentralized exchange based on TRON network in the world. It features with safety, transparency and convenience. TRXMarket is committed to be the pioneer of decentralized exchange field.
In terms of transaction authenticity, all trades are carried out in TRX smart contracts, and transaction records are stored in blockchains to achieve public and transparent ; in terms of digital asset security, users directly use wallet for transactions, as a result, exchange can not interfere with users.

Community
Twitter: https://twitter.com/TRX_Market
Telegram: https://t.me/joinchat/KPVeDBPEZOQLT8fVDtPpvg

⚫ Waves (https://waveswallet.io/)
The Waves DEX gives you the advantages of a centralized exchange with none of the risks; that's because “order matching is done in a centralized manner … in layman's terms — there's a server which matches incoming orders, but has no access to your funds.

Community
Twitter: https://twitter.com/wavesplatform
Telegram: https://t.me/WavesDEX


DISCLAIMER:: The information provided in this thread is meant to help those who might be in need of information as regards the topic of discussion. It is never meant to be an investment advise. So, you should ensure you have also done your own research before use. Therefore, the author will not be liable to any loss of funds or assets in the cause of use.

There is no highland of knowledge. Advises, suggestions, corrections and the likes are welcome, peradventure there is any. I look forward to update this thread with more DEXes as they lunch. This might also come from you. Therefore, if it is genuine and reliable, i will also add it. Thanks for your anticipated contributions.

UPDATE IN PROGRESS...

It is good to see someone made a great thread like this. This is highly needed by a lot of people. I know of just very few, but this thread is a good pointer to so many others I am yet to get acquainted with.
There are some DEXes that are not  that common, such as, NEO, TRON and Stellar based DEXes. Thanks for the enlightenment.

Merited for posting something useful like this(sorry can not give more, do not have that much left) and it would be nice to see you updating for the time being. For a suggestion, why do not you give your own opinion which one is better one in term of speed and security? or the DEX that you recommend to be used in our daily basis?
honestly speaking, I stopped using Forkdelta and Etherdelta after they got hacked twice before. And the fact that they might store our private key silently is out of control.

I am not sure all the information given in this thread is cent percent right,but definitely worth to read for all the traders and also who want to star trading as well.The list contains lot of DEXs but still they are not completely evolved like centralized one.

Thanks for your helpful contribution and for deeming it fit to merit this post.
Your questions are very good ones, i will look into it, do the necessary research and update the thread.
For instance, i am waiting for BinanceDEX to be lunched as announced. Immediately it is lunched, i will do the update too. There are also many more like OmniDEX and others.
Thanks once again

You might be right, by saying the information might not be 100% right, which is why we all have an obligation in the crypto world, which is to always do our own research.


Hahaha... Thanks for your input. I have been nursing this idea for a very long time. I told my friends about it and since then, they have been motivating me to write it.
I have been on it for quite some time now, because I wanted to give my best. Coupled with the issue of power outage at my place, it's been challenging.
If you read through the introductory part, you would see that I gave a credit to cryptocompare, but I never used their words. I only read to understand and later wrote everything in my words, coupled with the understanding I have had in the past. Thanks.

It has been updated.
Thanks for your input.

Op has made a good effort to find each and every decentralized exchange available for trading. This will surely help users know about the different exchanges that are serving the cryptocurrency network. More the exchanges more will be the growth, because they are the one contributing in large scale to the circulation.

It is very surprising that decentralized exchanges are not very popular now. Regulators are tightening control over users of centralized exchanges and for this reason decentralized exchanges should gain popularity.

I have been using decentralized exchabges for last couple of years but im only in erc tokens so my choice of decentralized exchanges is idex, forkdelta, etherdelta and recently token store.

Never heard some of this decentralized exchanges and only few i knew. So much effort that give into this and you deserve some merit. I have only used IDEX once using my metamask and it was a great experienced. I will be looking some of this list and thank you so much for providing us with a great information.

You can read the disadvantages part to know why its not very popular and most importantly it is not much user friendly and have enough trading volume to cover up the trades in minimum time.

Great work, it worth some merits for sure. You can add one more DEX based on bitshares - crypto-bridge.org. It doesn't have big volume and there are a lot of shitcoins, but still it's DEX))

Man just take my damn Merit lol, this is one of the best BitCointalk threads i'd love to see.
Decentralization is indeed is all what crypto is about, without it it can be called cryto haha.
Love the fact that you mentioned these Dex ones because it's the first time for me to know about some exchanges that i heard about the first time.
Great job you made man, keep this coming.

for me the main decentralized exchange is forkdelta because there you can find a diamond very cheap

Cool work. Actually it's one of the best threads I've ever seen. I hope it's not a plagiarism. Take my merit and keep doing that well. I've never thought there are so many DEXes around, because I use a very few of them and only when I'm forced to do so.

I also think especially when binance has imposed restrictions on some countries, I think decentralized exchanges should be well appreciated as this is best for the entire cryptocurrency market

Well done!
I believe decentralization will bring a solutions which caused by traditional systems. Applying this idea with blockchain is required and payment merchandises should take this seriously. Knowledge is power so thanks for sharing this valuable information  with us.

Great work. This list is very helpful. I've read recently that the real profit from 0x exchange (only their comission) is very small, almost over 3000$. Also Binance will open their dex platform for all users soon.

Thanks a lot for your useful information I did add some of the decentralized exchanges you mentioned that I never heard of before to my list to be used in the future. I just want to add that using decentralized exchanges is a good approach but not necessary and not always safe, I have lost a lot of money in decentralized exchanges before so decentralized exchanges are not meant to be used blindly people still need to make some research one any decentralized exchange before starting using it.

Lack of demand that low liquidity, whatever they will try and then centralized exchange site will always become the main choice. Some of them were crap dex. They will never evolve into a better exchange site.
I have experience with a few dex from the list and they are all garbage exchange sites.

Dex exchanges tend to have really small profit but the exchanges requires little resource anyway. No need to provide customer support or anything, just provide the website andnthe server and the community will automatically trade bu themselves.

It's a good introductory thread on DEXs, but in relation to lack of liquidity, centralized exchanges had the same problem in the beginning! I remember that Bittrex was not much until the middle of the year 2017, for example and we do not yet have 100% versions of DEXs, maybe this is the reason for lack of liquidity, CryptoBridge for example, will have a gateway federation, when this happens, the whole concept of lack of liquidity will disappear.

I'm always using DEX when it's possible because of the exchange model.
The problem is that most of the DEX in your list have no volume at all and are useless. I think we will need to wait for another year or two until wee see a really useful DEX, line when Binance or other of the Big names start their on DEX.

I use several decentralized exchanges but... in my experience, such exchanges are most often subject to hacking, despite this, I have a favorite exchange IDEX I almost always use this exchange because it is very convenient. but today such exchanges have many disadvantages. and developers need to work on it.

This is one of the best threads I have ever come across. Thanks to the author for a meaningful post like this.
I did not know there are so much decentralized exchanges as this, not until I came across this thread. Although, there might not yet be much awareness and volume on them, but the more people get to know about them, the more their popularity.
They are of very much importance, most especially now that we are getting news of centralized exchanges being hacked and funds being stolen, just like the case of cryptopia.

You did a very good job on the article, thank you. I believe that all new technologies are useful in different areas where they are used. As I like decentralized exchange, especially I was attracted to the exchange Binance , and as you know it is one of the main exchanges in our time.

Stakenet DX will be a DEX to keep an eye on that is coming very soon. The DEX will utilise their Lightning Swap technology for instant order fulfilment. This give it the speed of a centralised exchange with the safety of a DEX by keeping your assets in your wallet under your control at all times right up until the moment the trade is completed.  

It will run directly from their new Multicurrency Light Wallet which that itself is pretty interesting. With the new wallet their Masternode network will hold all of the relevant blockchains so the wallet does not need too. This makes it lightweight and fast as it doesn't have to download and sync loads of data so can be used from any device including mobile. It signs transaction via Lightning Invoices.

Their DEX will also be entirely hosted by their MN network which currently has nearly 2000 nodes. All fee's generated by the DEX are also paid back to the MN holders for an additional income stream giving holders incentive to run the DEX. Frank Amato is working with them on the design and features to ensure it is fully featured with everything you would expect from an exchange and some features that have not yet been done before on a crypto exchange.

The cool thing about the DEX is that it is part of their plans for cross-chain payments via Lightning Swaps to enable instant payments using any crypto to any retailer where BTC is accepted. So if a shop accepts BTC you can now pay using LTC, ETH or your favourite crypto and it will be instantly converted to BTC for the retailer via a Lightning Swap facilitated by the DEX.

Their plans include utilising stablecoins like USDC for retailer adoption as a trusted stable coin has a much higher chance of adoption because it is not as volatile as something like BTC so more likely for retailers to accept it. So using the above example you can go into a shop and it comes to $10 you can pay using any crypto and that is instantly converted to $10 USDC for the retailer via the Lightning Swap. USD is pretty much accepted worldwide especially in developing nations but it can be hard to get hold of and can be expensive to move. Utilising something like USDC removes this barrier as it can be moved quickly and easily.

The Lightning Swap tech is complete and they already have it running on mainnet so anyone can try it but it's a bit techy so they have been condensing all that backend work into a simple "one click" solution for the new wallet so it is simple for everyone to use. They recently collaborated with the Litecoin Foundation to bring Litecoin up to speed on Lightning Network as well.

Here is a good article about the wallet/DEX:

https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105

It is good to have a DEX having these features. TPS is one of the qualities traders and investors look out for when investing or using any coin or exchange.
I am looking forward to its lunch and will look into it for those features. After which I will update it on the list.

This is more reason they needed a lot of awarenesses and trust. So many centralizer exchanges started with no or low volume, even the ones we see as being big today.

Merits for the effort into compiling all of these.

I did not know there is that much decentralized exchange by now.
There is one problem though, most of them do not have the volume.
Selling and buying are mostly done now with those popular exchanges. Most of them are centralized.

So who will put those decentralized exchange back in the frontlines. We can, but are we really going to put that effort to make them known?
I just know IDEX, Etherdelta and Waves.

Yeah, I just know idex etherdelta waves and bancor. Didn't expect that decentralized exchange is so many had released and published.

Man you really did an awesome job! I will take a look at some new DEX because I know only most known ones but I don't really use them because in most of cases liquidity is too low and bid ask spread is too big.

I agree that they are not popular when they should be because we are in a decentralized industry and we are promoting decentralization, but because of the so many hacking on these centralized exchanges, people should promote DEX awareness, when I was a newbie I have a hard time , but only took me hours to get myself familiar.

Wow! This is really helpful! I only know a few of the decentralized exchanges. I know there are more than hundreds out there including other languages from other countries. Hope this gets updated as new decentralized exchanges are discovered or introduced. I will be bookmarking the link.

Decentralized exchanges are increasingly attracting investors because most after the end of ICO developers are easy to list their tokens on these platforms. This is also one of the forms selected by many developers. Although decentralized floors have low liquidity, this is also a good environment for spending to buy Altcoin at meager prices.

So far I only know some decentralized exchanges, especially the most popular one of the one that I have must registered because of the coins on the exchange. This is an awesome list of the DEX. Well, I think that when we are looking at this review, we are aware that today, there are many exchanges both dex and cex. Crypto world is very progressing.

The author has really made an impact on this forum with this thread that has been creating. I am still trying to imagine that, there are as many DEXes as this.
We truly need this awareness and its high time they are now promoted, because they seem to be the safest, most especially those that have been tested and have been in existence for quite some time.

Thanks for more information about decentralized exchanges. I generally use .waves dex and steallar port. These exchanges are also good for new comers. You do not need to check your orders every minute.It has advantages and disadvantages Because generally volume of the decentralized exchanges relatively lower then centralized exchanges sometimes it take days to fill your orders.On the other hand you have chance to get better profits.

Exchanges that today call themselves decentralized may in any case be centralized as well. Maybe it will be possible to make it so that today there is a sense to really increase the level of trust in decentralized exchanges? What do you think?

There are thousands of crypto currency exchange platforms were available but you need to research about the trading site if you want to start trading on it.Most of the DEXs don't have much usrs now to make the trades with the traders desire but it is best when we are giving priority to the security of our funds.

the list goes on and on. I never heard of the rest because the only I've tried are the ones being discussed here like forkdelta and etherdelta. decentralized exchange however aren't friendly enough, it took me hours to finally learn how it works. non o the two that i've tried loads fast, both took time. but yes, they say dexes what is going to be used for safer trading.

Very informative review about the lists of decentralized exchanges. Moreover completed with the channel, and group that allow us to know more about each exchange. So far, the DEX that I already know are very limited because of the coins that I'm still holding. However, those can be the inspirations for the next market.

I have used most of the exchanges listed below and the one I find the most fascinating out of those I have used is the Switcheo Exchanges, it supports both Ethereum and NEO blockchain tokens, first of it's kind that I have seen and the interface is very smooth and you would almost think that you are in a centralised exchange.

Thanks for the list, I confess I did not know all the exchanges. It is a pity that decentralized exchanges are losing their popularity, the total trading volumes for them are less and less every month.
It would be nice to find a service that keeps track of all the coins on decentralized exchanges.

OP,  thanks for this post. It is just one of the best i have seen so far.  Had it been i have merit to award, i would have done that straight ahead. You truly deserve to be merited and thanks to those that have done that.
I was formerly not aware of the airdrop from Tron platform, but on opening the Twitter account of TronDEX that you posted, i became aware. Thanks once again for your hard work.

I have never even heard or read a lot of these exchanges. I was especially surprised on the listed decentralized exchanges and there might be more of them out there. DDEX is my current favorite but it may change after checking those other DEX's. Anyway, thanks for the valuable input.

I think that there are still too many decentralized exchanges. You need to hold on and we will see which exchanges really can be trusted

Considering the rate at which hacker are bridging the security of centralized exchanges, I believe it will get to a time that people will start considering decentralized exchanges more.
Ever since I have known IDEX, there has not been any incidence of hack and there are other reputable decentralized exchanges that I know of.
Thanks to the OP, at least this is an eye opener to other decentralized exchanges I have never come across.

Some decentralized exchanges that have been used over time, have proven their genuineness and have gained the trust of traders and investors, because there has not been any incidence of stolen funds or hack. Which means they are truly decentralized and that your funds are safe.
Those ones that seem to be new, can also be tested for their genuineness

A lot of exchanges existed today but few of them aren't familiar to me and also with the others.  I'll do used of exchanges with high liquidity and so the security of our wallets.  Ed and Dex are so familiar from the list but it is sad that there is no btc pairs available, it makes these exchanges to be more familiar if btc pairs will be included.

Not only both of these dex, but there was a lot of dex are not getting any popularity among the crypto users. The dex makes them all are not interesting to play with it caused by there was a lot of fees they must pay to create any transaction.

I really appreciate the effort there is to write all lists of Decentralized Exchanges. I hope you also continue to update the new list for the new DEX entering the crypto market.

It's such a comprehensive list. This will be the first time I'm hearing about most of the Dex you listed, why I have used a few, I appreciate the simplicity of Bancor on how trades are carried out.

I have checked some of the sites, and it amazes me to see some DEXes with btc pair. You can click on NebliDEX and BTSABC as provided by the author.

What is author has done is a great job. Compiling things of this nature, requires a lot of effort. I have bookmarked it and will follow it up as more updates come in.

Maybe because some Dex site is not really popular, that is why people often to use it. Me personally only use site that already good to used by a lot of people. But each transaction, if i must use private keys, i will make new wallet and not use my main wallet's private key.

Is forkdelta included here? I guess forkdelta is the perfect example of the decentralized exchange because when I use it, there's no verification needed as I sell and buy some altcoins there.

Folkdelta is on the list. There are other DEXes on the list, which i am sure you will also like.
It is a good thing to know you already have a decentralized exchange that is your favorite.
Just like i said, a trial of others will make you a complete fan of decentralized exchanges.

Unfortunately, we cannot be sure of any exchange to which we are referring. In any case, I was interested to see this review.

Good post. Would like to have more posts like that. Good job!
Thank you and merit from me!  ;)

There are so many Decentralize Exchange and I have some question with the exchange like this. Is there any chance that the crypto being deposited will be hi jack and taken out from the hacker just like what centralized exchanges had been experiencing into? THere are hi jacking happens on some centralized exchange so if the decentralized exchange will not be easily hijack then decentralized exchange is the future of crypto exchanges.

thread is interesting and very helpful because I only know a few things like waves, forkdelta, and etherdelta. So I can look for other dex and can compare them when prices go up / down

Thank you OP for your effort in making this trade, it's very informative and helpful on those new in this technology. I not even know some of those decentralized exchanges as I'm only did my trading in IDEX, BANCOR and forkdelta. With this trade, I will need to explore also those other decentralized exchanges to compare on myself which among of them has comfortable and safe features.

Wonderful article from the OP. If I could I would have given you a Merit. However, are decentralized exchanges all that safe? I remember back in 2017 there was a hack on ether delta in which many investors lost their assets. Is there any 100% way to protect people's investment on dexs?

Thank you Bonwin for such a wonderful writeup. It surely helps people understand what are the advantages of decentralized exchanges vs centralized. Lately or I would say quite often Crypto exchanges get hacked and users lose their funds. The most recent being Cryptopia. Though the investigation is on, no one knows what will be the outcomes. Lot of people are just worried about the funds that were stored on Cryptopia.

I hope that 2019 will be a year for DEX exchanges where people will not only feel secured trading but the overall liquidity increases as people get used to such exchanges.

Once again thank you for the writeup.

I know many coins above but I don't know that it has a trading platform to exchange!Thanks for your information, the above information is very useful , especially for newcomers  

When using any exchange, decentralized in this case, you need to ensure they already have a track record of trust, most especially. Take for instance, there are quite some number of well known decentralized exchanges that have been able to build trust in the mind of users for quite some time, coupled with the fact that they cannot be easily hacked.
Since the team can be trusted to make the system fully decentralized, which means your private keys are not being stored, then you need not fear an hijacker or someone hacking the system, because it will be the hardest thing to do. The only exception will be if you are clicking on a phishing site.

Thanks for sharing the list.. although I tend to prefer centralised exchanges to decentralised exchanges, if not for any other reason then the fact that I do not have to put my private key at risk and the transaction fees are always constant.

I really wish I had some smerits to give you, because this post deserves a ton of them.
You've listed just about every decentralized exchange in existence and you've managed to format a pretty decent post layout.

Kudos to you OP, this is one of those rare posts that will go into my bookmarks immediately!
I'm 100% sure that I will be using this in the future.

There is nothing as fulfilling as being of help to oneself. My joy is to see the crypto space become a secured and one of the best places to be, by contributing my own quota in this form.

Decentralised exchanges are awesome and I prefer to trade on them for several reasons. First of all, I like the fact that I still have control over my own funds and it is pretty hard to manipulate the volume of a DEX.

in any case, the decentralization of trading platforms, it gives certain advantages to the user, including anonymity and security of their funds. But if many users of cryptocurrency, trying to manipulate the cryptocurrency market, then they will make it the right moment, regardless of whether there is a decentralized system or vice versa.

there are so many decentralized exchanges that I don't really know, but seeing this post I became aware and wanted to try if there was one of the tokens that I had in the market at one of these markets

I want to acknowledge this post as the most educative post I have come across on the forum this year
It is intriguing
Full of facts
Educative on unknown basics and also taught me a lot of stuffs about exchanges
Keep it up

There so many uniqueness about decentralized exchanges as highlighted the OP, which definitely attract traders if enough awareness is created. Which is why a thread like needs to be promoted, because a lot of us know just few of them, until after I saw the post made by the author.
By the time we begin to use them, the set back it has, as regards liquidity and volume, will be a thing of the past.

Many people are now talking about this, especially when it comes to today what exactly is understood by the words decentralized exchanges? These are exchanges that are impossible to track which do not have their own binding and exist only on the Internet.

A very good DEX list!
Decentralized exchanges will become more and more popular for security reasons. After all, in cryptocurrencies it is about that there is no third party!
Thank you for bringing everything together in one place!

At first, I was visited by exactly the same thoughts, but then I remembered that I asked about the listing of any of my coins in the telegrams of the project chat, and as a rule all the information is there.
However, the post is excellent, good work.

Good job. But I don't agree with your opinion that Dex's are not user friendly. A person with any centralized exchange experience can use the Dex very easily.

What I know is that the exchange decentralization does not have a lot of trading volume and the traded coins are only altcoins that have no future at all.

It's traders opinions and you are right to those who already have knowledge with centralized exchange can easily adopt as the process will just be the same, it's need to be well studied if you are new to this platform, but eventually you can adopt and enjoy this exchange, crypto lovers always adopt when it's needed.

You might be right to say that most altcoins do not have future, but that all the altcoins on DEXes are those that do not have future might not be the true representation of what a DEX is.
Most of the times i have been able to trade on DEX, the same altcoin we see as not being good, will be the ones that will bring huge profit later in future.
If not for the volume, the same coins on DEX is still the same that is being traded on centralized exchange, but our main concern here is security, which in my opinion, DEX is better.
When people start using them, then there will be volume.

based on what you said, I can not understand the following, how to deal with the statement that all users of cryptocurrency sought to decentralize the cryptocurrency market. And it turns out that all the way around. It turns out that only centralized exchangers will provide an opportunity to work with a good profit.

I think that centralized exchanges will be more popular in the near future. It seems to me that people trust such exchanges more than usual.

Decentralized exchanges sound good, however they are not ready yet to compete with centralized exchanges in term of functionality, too slow, unfriendly user interface and complexity. I hope binance will make a revolutionary D-exchange.

I did not know that there are so many decentralized exchanges. Thanks for this list. I think decentralized exchanges are the future and certainly more and more people will use them. Just after a hack, as from cryptopia, such exchanges are becoming more and more interesting.

Dex a good in transperency, you cant provide otc trading.
But nowadays 2.0 blockchains cant give needed transaction speed for functionality this kind apps.

I, too, I really don't know very much about the decentralization exchange. What I usually know, all the exchanges are the same Namely buying and selling an altcoin in it. Because I personally do not know exactly the exchange based on decentralization.

Thanks friend, for a well organized helpful post. It is about time we started considering decentralized exchanges, where users most especially withh have controlover their funds. Apart from two prominent exchanges (Cryptopa , where funds were reportedly stolen. Just recently, two centralized exchanges are now suffering from liquidity. A Canadian based exchange  QuadrigaCX (https://toshitimes.com/canadian-exchange-quadrigacx-ceo-passed-away-crypto-wallets-keys-lost/), lost access to the private key of its cold storage wallet, due to the death of its CEO.  Coinpulse (https://www.chepicap.com/en/news/7083/coinpulse-exchange-headed-for-indefinite-maintenance-.html) is also on an indefinite maintenance.

Since there are so many available decentralized exchanges today, what if you guys can make such a new exchange combined both decentralized and centralized? That would be fascinating.

Such exchanges will become popular in the future for people, and allow us to benefit from this decentralization, because this is a further profit.

Decentralized exchange is a new tool for the development of cryptocurrency trading, but I think that it is more important today to create a transaction with Fiat money and cryptocurrency. It is necessary that the cryptocurrency and traditional money interaction and work as a whole through the blockchain and decentralized platforms.

Supposedly we are happy to have exchanges that aren't control by someone and we are making a way to be more acceptable for everyone. For there existence, traders have chances to overview their records and liquidity. The securities bond with them seems to have no problem, though we can't guarantee of a 100% secured but they are more secured than of the others.

Well, honestly I did not know that we have a long list of decentralized exchange, I am too concentrated on a centralized exchange and I seldom trade on decentralized one, but because of what happens to Cryptopia, we will see a lot of traders shifting to DEX I think it's more safer.

This is one of the post I've ever seen. I will use these informations in future. I think we all need DEX's and hope some of them will be great future. Thank you so much for this great share with us.

For some reason (I know it will sound weird) I trust these decentralized exchanges less than the centralized major ones. I don't really know why but I feel like centralized exchanges have a reason to really take care of the exchange properly since they are making profits on top of profits every single day and make huge income from it which would result with them working on it more and more however decentralized exchanges feel like made by some developer who wanted to pay less fee (no fee) so they could trade properly without interference but that's it, no business, no team, just a good developer.

So, for that reason I feel like centralized feels more secure and more trustworthy instead of the decentralized which looks too anarchist to me. Maybe thats just me I don't know.

But this is just the beginning we can see more DEXs in the future which can change the current generation DEX with better services.Hopefully Binance's decentralized exchange is going to make huge change in the upcoming days so we need to wait for it and it can be more trusted than CEX in terms of fund storage and hack attacks.

I see that many decentralized exchanges exist, but Think that only EtherDelta is the most used because when I want to sell some post-ICO token, it is listed only on this exchange.

Decentralized exchange user popularity better than Centralized exchange i think. Most of the user try to ignore KYC because our document is not safe in other person or company. It's always keeps worrying about whether they are using bad things. Considering all aspects it makes me feel safer.

Actually try forkdelta exchange. Usually exactly here you can find more demand. Actually still demand is not so much, but now bear market...
After few months you also can check you project on IDEX exchange.

Great post and nice list of Decentralized exchanges.
I have used couple of them without problems. I think dex is the future.  People will eventually move over when they become easy to use. Centralized exchanges are opposite of what cryptocurrency represents.

If one finds himself in a situation where his funds are safe and he has full  control over them, then he has no choice than to trust such system.
Moving to decentralized exchange might be a slow process, but there is every tendency for it to become the order of the day soon.
It will definitely be preferred over centralized exchanges.

Nice one and such an  quality time devoted to set it all up. I really dont like some of this Dex because of its lapses and UI after using ddex I loved it's work and my first ever Dex to use

best one is Forkdelta

Decentralized exchanges are nice, but I think that now all this will definitely seem like a dummy, because now there is one exchange that can call itself decentralized, this is probably forkdelta and that's it.

From those many kind decentralized exchanges, what is famous to me is forkdelta, etherdelta and Idex. And also Idex has a larger volume than others in my opinion. Unfortunately Idex is not as usual, to sell tokens there, that token must be listed first.

If you read the news very well in the 2017 years, you could have noticed that etherdelta was hijacked for several times. This was done by hijacking the exchanges domain and send users to their fake etherdelta site. This is why metamask was and is used by many people who use these decentralized exchanges because with that if your funds are sent to a hacker's site, you lose only those tokens but if you log in with your private keys to the fake site, the hacker gets access to the rest of your tokens to steal all of them.(That's when you log in to a fake decentralized exchange)

Posts like this are not meant to be neglected, but bookmarked for future reference. Thanks OP for this carefully written post. The essence of cryptocurrency is decentralization, which is why decentralized exchanges are very important for security reasons and other reasons that might be attached to it.

I for one like using Dex hne I came into cryptocurrency newly, I missed out on a lot of coins because I wasn't conversant with Idex most especially but since I started using it, I've moved to forkdelta. I think bancor is the easiest to use due to the instant liquidity. Another disadvantage of Dex is its low liquidity CEX has more liquidity than Dex making Dex hard to use most times.

A real breakthrough in the cryptocurrency industry would be the emergence of a truly decentralized exchange with atomic swaps. This would solve the problem of centralization and total control by the regulator.

You might be right, because decentralized exchanges do not use API, they do not use bots to trade. So you will not be able able see buying and sell orders running in between, without any real trader coming in place.
I once used a decentralized exchange, that has no real volume, yet it is stated on marketcap sites that has got a lot.
You would also need to look into others, to see that some still have better interface than folkdelta and volumes are gradually rising.

I guess you are more exposed  to Folkdelta than others. I have used both Folkdelta and IDEX, but i will always choose IDEX over it, because of more volume.
Apart from volume, almost all DEXes have the same user experience.

and now appear new decentralized exchanges.maybe we ever heard about ethershift, i think it will be good decentalized exchanges with its feature.and also it have loyalty program for their token holder.

Everything decentralized is great. I've switched towards decentralized applications since they started getting more popular, I use OpenBazaar quite a lot, Sylo for communication with my bussines clients, IDEX for my crypto needs. At start it's quite hard to get used after using common applications daily, but for my privacy I prefer decentralized applications over those that can be hacked/misused.

After an exposure of this nature to decentralized exchanges, I am beginning to it it more consideration. than the use of some centralized exchanges that I do not trust. The issue of security is very essential. Not just the security of personal funds, but also the security of my personal data. Most centralized exchanges ask for kyc, which I am not always comfortable with.

I think that we do not need so many decentralized exchanges, because there is no benefit from this, liquidity is blurred over them, we need one big one with good liquidity.

Thanks to the author of a great, very interesting post, I honestly did not know that these exchanges have such a story!

I am using IDEX on selling my bounty tokens if available why? because there are more marketcap on IDEX than other decentralized exchanges. Indeed decentralized exchanges are more secure than centralized since you are in full control of your coins even inside the exchange. But remember not all decentralized exchange are advantageous.

If we can have one with enough liquidity, that will be able to cater for so much trades, then there might be a great shift from centralized exchanges to decentralized exhanges although CEX will still be in use for some reasons.
Another impact it would have, is that other decentralized exchanges will be positively influenced.

I prefer to trade on DEX and I believe that this is going to be a next trend, because people are now more likely to have full control over their funds and I think they have their legal right to do that. Moreover I do not like the idea that exchanges have a full control of so much crypto.

this is not convenient only for those who have not quite clean money. if you bought your crypto in a legal way or earned it, what is the problem to go through this procedure?

I agree that these are the main advantages of decentralized exchanges, and I myself love them for it, however, people also need liquidity, and they need it much more than control. That liquidity is one of the most unsolved at the moment, the problems of decentralized exchanges.

Excellent initiative! you did a really good job, thanks for sharing it. if I had any useful information to add I will tell you  :)

of all existing DEX I prefer bancor and IDEX. maybe because these two exchanges have a large trading volume compared to all existing DEX.

 :) I have not read such a good job for a long time. I don’t know some of the exchanges presented. I would love to give you merit. Unfortunately there is no such possibility. I believe that decentralized exchange flourishes. Yes, and many just do not want to go through the procedure of confirming the identity and continue to carry out P2p Transactions.

This is really amazing. You took time to give detailed explanation and listed most decentralized exchanges. My little advise for those using DEX is to be careful when using websites especially, remember to go through a web3 browser extension like metamask. Official apps are way better in my own opinion.

Do you think that Binance dex will solve the biggest problem: the low liquidity? Because currently no DEX could provide big trading volumes and I do not understand why. People do not believe in DEX?

Etherdelta is very user friendly in the decentralised exchange. If we comparison both of idex and Etherdelta. In etherdelta there are no need to official listing by exchange. It automatically happen i mean you can trade every token using by contract address that's very simple. But in the IDEX exchange you have to strong documents will be submit for listing.          

decentralized exchange is very good now a days. no pump and dump because the trade is very slow. but what i hate about it is you need to import your wallet before you can trade it. too risky if you asked me. 

If you are afraid of importing your wallet on DEX, to be on a safer side, you can just simply create a new wallet, send your token into it, then import it to the DEX. This way, you can be sure almost all of your portfolio is safe.
As for DEXes like Folkdelta, EtherDelta and so many other DEXes, I instead of importing your wallet, you are allowed to create a new one on that same platform.

Your List is really long enough i never thought there are as much of so many exchange out there DEX is actually the best way to trade your token and have some good ones especially from dumpers. Is the number one place for trading coins cheaply and seamlessly

I think in upcoming future decentralised exchange will be the more usable than centralised one . Cause decentralised is the future and will live for long. At this moment the liquidity on decentralised is not that much good and this is one of the main problem. And one other problem is it's not easy to use like centralised exchange it's is a bit complex than that. That's why people don't like to use. And there is a lot of coins available in decentralised which is a plus point and a negative also

I think that it will be difficult for decentralized exchanges to compare with centralized convenience and liquidity. Moreover, decentralized exchanges are underdeveloped now.

This whole ecosystem is created for this one thing that is decentralisation. But at this moment when it comes to exchange it's a about the centralised market. But I like decentralised exchange there is some really good point on a decentralised exchange like fees structure or the security. The most liked part is I think security. Cause now and then we saw many hacks on centralised exchange and that's not good. But there is some major problem in decentralised exchange and the bigger one is liquidity we need many people on exchange to have more liquidity and by time it will increase.

Once it seemed to me that all the exchanges would become decentralized. But now I understand that this is impossible. It seems to me that the government will not allow this.

Thanks so much for all this information. I prefer using some of these exchange because its easier to trade there. Will save this thread for future use. Some of the exchange listed are new to me so I'll try using and trade there too. Your information helps a lot.

We cannot yet conclude on that. Even if it is for one reason that will make so many crypto enthusiasts to switch over to decentralized exchanges, which is security, they will.
In a way, I am just certain that decentralization sustainability might not be evident now, but very soon, it will.

Good point about saving the thread - those exchanges are likely to dramatically improve in the next 1-2 years, so hopefully with better UX they can also increase their user count.

I am impressed with your useful thread, OP. Good work.

Not always. On decentralized exchanges some traders occasionally sell crypto-currencies to themselves in order to show fake price transactions to other people or due to personal reasons.

Yes, this is a big disadvantage of DEXes. Perhaps it is possible to securely aggregate all the liquidity of such exchanges into one large pool but in this case a customer must have a deposit on each of these decentralized exchanges.

I think LEVERJ.io has a good chance at being the DEX at the frontlines. It is coming off of testnet this month, it is high speed with decentralised custody, secured by fraud proofs. 

Thanks for making an effort, kindly keep this updated as overtime decentralized exchange will grow.

Increase all the way to trustless! Think of being in control of your coins without these hassles: gas fees for every trade, gas fees for every cancel, signing every order manually, confirmations needed for orders to be accepted, confirmations required for fill before you can exit a position, front running by miners, front running by exchange operators, system unresponsive when network is congested. Check out LEVERJ, launching soon.

The Gluon Plasma protocol will allow exchanges to be noncustodial, yet have smooth and easy interfaces, and trade at the speeds of centralized exchanges.

Currently centralized exchange is more popular than decentralized exchange that why decentralized less demand and has low liquidity. But with safety reason more people will prefer to choose decentralized one. Some centralized exchange was get hacked, so decentraized one is the solution because offer more high level of security. Put coins on centralized exchange is mean we are not really to be own that coin because we dont have the private key, but for decentralized one we have full control with the account and we get the private key. 

If this can be learned by more traders decentralized will be more used than centralized exchange, the fact that after sending your coins inside centralized exchange you always have fear that it might be hack or the owners can possibly freeze your accounts as KYC always been needed especially  if you have huge amount of coins, this topic is important so OP's updates will help a lots of newbies and those who also be inspired to use decentralized platform.

This is a good source of information for new ones in cryptocurrency who want to learn about decentralized exchanges its advantages, disadvantages and how it works. I never knew there we're so much decentralized exchanges out there, i will definitely check it out. Thanks.

You should  learn a lesson from what happened to QuadrigaCX and stop keeping important amounts of crypto into exchanges.

According to his wife, the CEO died of (unexpectedly?) of Crohn's disease which btw must be a living hell to have.

And somehow, the investors never had a contingency plan that included a second or third person having access the vault keys. Brutal mistake.

       The idea is that people choose to invest on exchanges that have had many promotions and exchanges that have not been hacked. As you say, most decentralized exchanges have low liquidity, and people are afraid to keep their money on such exchanges. Potential investors want to have security in their investments. It's just like at the bank. You want to keep your money at better-known banks, because that gives you some comfort.

Security is a necessity and one of the most essential part of trading. I check on this thread everyday and I am encouraged by the responses of people. Updating the thread will be a thing of joy and fulfilment to me, most especially seeing that people are helped. Also, whoever notices at lunch of a good decentralized exchanged, should try as much as possible to notify me for update.
I am also keeping my eyes glued on some decentralized exchanges that are preparing to lunch with better features.
Just today, another decentralized exchange called CDEX has been added and more are coming up.

I did not know that we this many Decentralized exchanges, honestly I seldom exchange on this kind of exchange, but it's more preferable for people who do not want to go through KYC, but unfortunately, some top coins in the market are not tradeable there.

I invite you to try Block DX.   The most decentralized exchange out there. Trade directly wallet to wallet.

https://blocknet.co/block-dx/

https://blockdx.co/

https://bitcointalk.org/index.php?topic=829576.9100

https://cdn.pbrd.co/images/I04gTuo.jpg

I would argue that the non-custodial aspect of DEX's is just table stakes. Meaning, that it is a given that a DEX can't steal your funds. The harder part is making sure the operators of the exchange are not colluding with other traders, allowing front running, or skimming a few pennies on each trade. It's great that we can't be pickpocketed, but there are so many other ways an exchange needs to be secure.

Exchanges using Gluon Plasma for trades eliminate the variable of gas on each trade. You only pay gas when you withdrawal from the platform.

Great point, there is a spectrum of what constitutes a DEX. I think the confusing part for ppl is the "EX" of "DEX". i.e., what constitutes an "exchange". Clunky Peer-to-peer, 2 day process, or highspeed with trader friendly UI. The "D" is not without its controversy as well...as in the degree of decentralisation to qualify for being a DEX.

I do not use decentralized exchanges because they are very slow. For example have you tried token.jar? I tried it and the page was loading for an hour, unbelievable.

Thanks to side chain tech like Gluon Plasma, DEX's will be able to be as fast as centralized and have world class user interfaces.

And I'm not sure how decentralized the Bianance DEX is going to be as its being built on the Binance chain. So it will be fast, but more of a non-custodial exchange than decentralized.

Bravo its a very useful Thread since i have no merit left i cant give you thou. But your thread is full pack of necessary information that someone in crypto space is needed specially those newcomers thumbs up for i wish to contribute more meaning post in the forum But sometimes the time is not on our side keep up the good work..

There are hybrid-DEX's out there. In fact, Leverj is doing a plasma flavour for exchange model, so its decentralised but still high speed centralised feel.  Its achieved by doing all the high computation stuff like the matching and margining  on centralised servers and all the operations within are trustlessly secured by fraud proofs between parent chain and child chain (using basic market rules like time price priority and balance availability, solvency, liquidity).

It seems to me that the principle of decentralization as a whole can be applied in a very large number of options. I think that there are really great opportunities for improving the comfort of the lives of people who today can be improved.

The problem with atomic swaps is that they require both parties to be online when the trade actually matches. This means you can't just place an order and shut your laptop and walk away.

Leverj is doing plasma flavour for exchange model, so its decentralised but still high speed centralised feel. Doing the matching and margining on centralised servers and all the operations within are trustlessly secured by fraud proofs between parent chain and child chain. And the sneak peaks I've seen of the UI look to be very slick.

How do you mean?

Great post, took me quite a while to process it all. Many commented on the need to spread the word of DEX's and the difficulty of doing such. I totally agree! as I am seeking to let people know about a leveraged futures exchange called LEVERJ. It is coming out on mainnet this month.

But I wanted to share a chart that may help educate everyone on the variety of DEX models (while highlighting LEVERJ  ;) ). The models span the spectrum of on-chain matching, orders, and settlement versus off-chain matching and order management.

This is quite an interesting read. I am sure it will help alot of newbies that will come across it. One of the disadvantages that hit me as a newbie on DEX platform was its uneasy interface. I had polymath tokens then and wanted to sell it on etherdelta. It took me two days to learn. It was horrible experience for me but today I can comfortably trade on all exchanges

What an intriguing efforts from you buddy! Taking your precious time out to post this is actually so amazing. It's refreshing we still have resourceful people like you in the space. This i believe will be helpful to so many of us. Gracias amigo!

A huge advantage and very important to me is the security of decentralized exchanges, I've already ready many cases when the personal data were stolen and users were blackmailed by the thieves to send them money. That's the situation which cannot happen here.

Don't waste your time with projects promising to build a dex.
Just come trade on BlockDX. You don't have to sign up, no KYC, coins stay in your local wallet, uses a fully decentralized order book, super fast, secure, and looks/feels like a cex
In developement since 2014
The interchain era is here
Just try blocknet and BlockDX. Links are in my sig

You surely have an exchange that looks good with good features, but there are also some other DEXes that offer the same opportunities. Notwithstanding, the main thing we need now on DEXes is volume. My believe is that very soon, perhaps starting from this year, we will start seeing positive changes towards that. I am also looking forward to the lunch of other prominent exchanges, such as BinanceDEX as stated by the author of this thread.

I am very strongly encouraged by the fact that most of the people have a very good attitude to the ideas of the developed cultural community with all of the displaced forces of the body of forces. WHAT IS THE IMPACT OF DISTRIBUTIONAL IMPROVEMENT OF SPACE.

Decentralized exchanges still not the best place for the regular traders since it is not having enough people to find the trades in quick time but this is good that we are having so much decentralized exchanges.

DEXs need liquidity and a simpler UI. I believe it will come with time. We're still at the beginning!

I have personally used IDEX, 0X and Loopring and found them to be good except for the liquidity issue.

Once DEX I am looking forward to is VITE (fanboying here! ;D). I have high hopes from it.

this is actually one of the best if not the best post i have seen on the forum for a while now, there many exchanges that i am getting to know through this post. Thank you so much for this post.

congratulations for the list of dex i did not know that there were so many, personally i use both the traditional exchange as binance that the dex as forkdelta when i can not find a token listed on traditional exchanges i look for them on dex i am equally comfortable with both

Nice write up... In as much as the benefits of DEX are, I still think there are a lot of challenges associated with them. This has to do with the complexities, non user friendly and in most cases, operational difficulties to name a few. I still think there are a lot of good Centralized Exchanges coming up with decent features to challenge the more established ones. One of such exchanges is Catex. Catex as a platform that has a lot of exceptionalities in the way it was designed with invariable characteristics. Catex hopes to impact full transparency in trade and also amend the market so as to achieve moderate liquidity. This exchange has some revolutionary features and ideas and its only a matter of time before it becomes a force in the industry. Check them out...

The trust we have in cryptocurrency today, is through its decentralized nature. Therefore, if the crypto exchanges can also be fully decentralized, it will eliminate the issues of hack to an extent if not 100%.
I believe it is a gradual revolution. We are still seeing a lot of people not wanting to cross to decentralized exchanges mainly because of liquidity. We just need a little spike and the whole process will begin.

I am just trying to imagine the state in which those who lost their funds through some centralized exchanges would be.
Even if there will be continual usage of CEX, there should be a means through which the funds of users are insured, so that if there is any form of loss, it can easily be covered.
If thus is not ensured, traders might begin to think of the option of going for decentralized exchanges.

Whenever i come across this thread, it gives me the assurance that a time is coming that, decentralized exchanges will get more audience in near future. Whatever is bound to succeed starts this way. At first, it might nit gain much of recognition, but by the time  the awareness increases, we begin to see changes on the positive side. Even if all DEXes will not succeed, there will be some that will bring great transformation in the cryptospace.

for those hoping the Binance DEX may be the answer, I just saw an interesting video really calling out the motivations behind the Binanace DEX. As always, do your own research. https://youtu.be/xXmYxN8g2TQ

https://i.imgur.com/qVHEnS7.png

good article, and I think we are on the right track as a bounty hunter, where most of our tokens are exchanged, deposit or withdraw in decentralized exchanges like idex, etherdelta or forkdelta.

DEXes are really great and I would love to trade on them every day, but there is a pretty big problem. There is no decentralised exchange that supports all major crypto currencies and if you want to trade them you have no choice but choosing a centralised one.

Last year, I believed that all exchanges would become decentralized. But now I understand that the cryptocurrency market is at a loss, and these exchanges have become less popular.

Decentralized exchanges are very promising now. This year there are many such exchanges, because they are now enjoying great success.

I haven't used most of them except IDEX. Thanks for the listing, I'll have some choices now on where I can trade and can compare the fees and volumes. I'll stay with those DEX that has a better volume.
Anyone who has thoughts with Binance DEX? Do you think that it's going to be a good one to use? Yes, it's Binance but any technical aspect and suggestion about them would greatly appreciated.

But centralized exchange is the more newbie friendly because there is customer service that will help you and also tons of guide whereas decentralized exchange usually have poor customer service or none at all.

So far, so good, I don't think there is any exchange in the space now that is 100% decentralized, people seems to be waxing lyrically about the Binance DEX but from what I see one would need at least $100k to get listed on the platform and also the team seems to be cherry picking the projects they want to list on their platform. I hope one day we will see a truly decentralized exchange

I am a big fun of decentralized exchanges but they are not more secure than the centralized one. They can also be hacked. I had my funds on EtherDelta end of 2017 when it was hacked. From that time I am  holding  only the funds on exchanges I am trading with.

Thanks for this.  Its hard to find a real DEX.   Tired out so many once or twice. Block DX seems the best bet to me so far.  Used a few times and its pretty good and will prob go back to it more often.

This year will be the year of new exchanges, not no projects. We have enough blockchain solutions, but still we have a problem with the low number of exchanges that support creditcards/ bank deposits and this DEXs can't provide.

Decentralized exchanges are our future, I understand that in the near future they probably will not appear, because now they will continue to develop. The only thing is that people will not be given this until they collect the money.

This is quite a very revealing post. I haven't known most of this exchanges before as I only use the popular ones such as Idex. Thanks for the listing.

I started using both centralized and decentralized exchanges without any assistance of the exchange support, most especially in the case of centralized exchanges. My opinion about their usage is, the more you use them, the better you understand, except you are afraid of doing that. here are some who are also afraid of using centralized exchanges, because of the avoidance of mistake, therefore they ask for the service of someone who can trade for them, instead of approaching the support.

Some projects are now beginning to give DEX some audience. Most not the projects I have seen, I don't know of others. Projects such as Bidoo and BitFence listed on  DEX during their first listing, which are DDEX and CDEX repectively.
It is a gradual development.

I have never read a great article like this. This article is invested very carefully and very eye-catching.
It really attracted me to the presentation. although all the above things i have known and i have got the decentralized exchange that i trust but i really want to thank you. Thanks to you, our forum will become much better.

I am beginning to see more light into how much decentralized exchange can be very useful. If here can be more DEXes that can allow any type of cryptocurrency to trade, irrespective of their blockchain, there will be more volume and some traders will be glad to use them.
We might not really need so much, but we need some selected ones that will make a good trading exchange without much or any hitch.

A lot of DEX but none of them have a lot of volume to provide the best way to liquidate our coin. DEX still lack of demand. I was using some but the problem is when it was charging the more fees compared to the centralized exchange which charge you a little fees.

I believe that we need more decentralized exchanges where people can trade between each other, and not the horror that occurs on the centralized exchanges where bots are trading with each other.

I experienced trading on both kinds of exchange and I like DEX more than Centralized exchange I experienced withdrawal issues on centralized exchanged that I trade but on Dex withdrawal is fast and there is no KYC involve compare to CEX where you will have to provide your vital information.

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

For some reason, decentralized exchanges today are not popular. I see that this is a big problem, because the prices of coins are really manipulated and this is generally a huge problem for the market.

Prices on decentralized exchanges cannot be easily manipulate,but I very sure of several centralized exchanges that use not and if you are sometimes not careful, you will be trading against not.
Bots are the main reasons we feel that some centralized exchanges are having huge volume and that is one of the attractive points.
Decentralized exchanges are undeniably yet to meet up with volumes though.

There are actually quite a number of exchanges listed here, but one need to be wary of the seemingly unknown ones as they can possibly shut down anytime and even disappear with peoples funds. Some may even possibly be easily hacked by the same developers.

This is due to the fact that there are no normal decentralized exchanges yet, I think Binance will soon have a decentralized exchange and this will be a real breakthrough.

It upsets me that there are very small trading volumes on decentralized exchanges. That is why these exchanges have not become very popular. It seems to me because of this, decentralized exchanges may completely disappear someday.

On majority of centralized exchanges the volumes are fake you should not relay on this data.
The volumes can be pumped just by trading 1 BTC back and forth.

You have done a really good job we need more work like this in this forum. I think decentralised exchange is the future of the whole market. And almost every big centralised exchange is think about the decentralised exchange to launch.  I also like decentralised exchange and I used some of them very few time. The experience was very hold. But there is some problem in decentralised exchange the first and the main problem is the trading volume. In most of the decentralised exchange there is a very limited or even blank in term of volume. And the one more problem is it is hard to use for a new person who just enter the market. That's it otherwise I like any kind of decentralised exchange and at this moment switcheo is the best decentralised exchange which I enjoy.

New decentralized exchanges are coming up and we will still we more. Although, we need decentralized exchanges, even if it is just two, that will solve the issue of volume, because that is the pressing need as of now.
If there can be more publicity, just like what the author of this thread has done, it's popularity will increase.

I do not really like decentralized exchanges. Many of them do not always work well and most decentralized exchanges have weak liquidity. At the moment, centralized exchanges are better than decentralized exchanges.

DEX is something you've got to use. As you know dex keep your funds privately and your account won't be blocked, but take a note that there are semi DEX like idex

I agree with you, but if we talk about security, decentralized exchanges are better. Centralized exchanges are better to use if you are a trader.

I know there are more than hundred out there including , and I concur that they are not mainstream since we are in a decentralized industry , and of the o many hacking on these concentrated trade

I love trading on DEX but I have not tried doing trade on some of the exchange in your list I have done trading on forkdelta many times and I find this kind of DEX much safer because of the metamask interaction it's safe and secured.

I actually learned allot from this, in the start, I think that all crypto is decentralized and figure out that still there are those that are centralized! thanks for the information here truly appreciated.

Surely this kind of thread will become a good reference to the peoples who wants to using decentralized exchange.
Anyway, one of the advantages of decentralized exchange is you don't need to make new account with password, like in centralized exchange.
Just using your wallet and then you can trading on the site.

I am waiting for binance DEX, it is expected to be released next week, can't believe! Perhaps it will be the best decentralized exchange, even better than IDEX!

IDEX is definitely one of the best decentralized exchanges at the moment. However, if the new idea of ​​Binance - DEX, will have the same potential as their centralized exchange, then IDEX will have very big competition! And very good! Competition accelerates the development of the market.

Decentralized exchanges are very safe, besides real people trade there, which means you can see the true data on the exchange volumes.

I also use IDEX until now and the ease of the exchange until now because it is easy to learn and not so difficult for anyone who wants to do transactions there.

If you are well familiar with this kind of trading platform it will be more easier for you to adopt and adjust if needed, for new aspirants of this trading system it's needed to have additional research and reviews making it sure that you'll be able to adopt every steps by steps process, it have some difference from centralized platform that we already used.

Adjustment can be done with traders who wants to learned different things from both trading platforms.

in fact almost all markets are safe for trading because they have a system of protection that they implement.
so my advice is that you don't need to hesitate to try to trade on other markets if other markets are better for trading as long as you do it correctly I don't think you need to be afraid of being hacked.

I still do not quite understand why traders and users of the cryptocurrency world do not use decentralized exchanges today. I think that today you just do not quite correctly understand that it is better to use them to weaken the manipulation in the markets.

in General, they have great advantages in the fact that managers who leads these exchanges, as well as managers, just now a lot of deception divorced in the market, unfortunately there are people who are not conscientious, who are ready for different tricks, so in this case, such exchanges have great advantages

Decentralized exchange are good in terms of security ae each users will have full and total control of his funds and portfolio. Unlike the centralised exchange where all customers funds are placed in a single wallet and prone to hack

I formerly was not thinking in the direction of market manipulators. It can be very hard and frustrating to manipulate on DEX and if it is truly happening, it is a rare case, which is not as much as what could be obtainable on CEX. The understanding of the advantages with the use of DEX will be possible, but time is an important factor.

I'm not sure if my wallet is logged with private key on decentralized exchange, they can record that password. Because if it is, I can easily be hacked

As long as you you will never try to visit any suspicious site and you will be fine. How the hacker able to infect your PC or desktop if you are not even visiting any suspicious site before?
It seems like that we must put the security of our desktop as priority to prevent it.

it's better to register with a large exchanger that has been proven to be good and safe, even though the risk of hacking is still there but the large exchanger must have a good team that will always look for ways to keep their exchangers safe from the threat of hackers
actually without disappearing and bringing community funds they have made a big profit and profit that they can continue to flow is different from fraud which only gets a one-time chance to make a profit

Wow, this is a very helpful and exhaustive list of all the decentralized exchanges. I doubt if you have left out anything here. I admire your great courage.

Such a great helpful post. I wish I can give you merit for making this wonderful thread, but I have no left any merit for now. Personally, I like Decentralized exchanges but I feel bad that these exchanges have a low volume considering the Centralized exchange. In Decentralized exchange trading is easy and making a profit is also easier, and hack issue also very low.

Personally, I love to trade in Forkdelta, IDEX, and Bancor.

Well done on publishing this comprehensive resource and some of these exchanges do have growing uses, but there's not much volume or liquidity in most of these markets yet and decentralized exchanges themselves are still a rather futuristic technology but hopefully these types of services will catch on further and become more widely adopted one day

There are some other DEXes that are constantly being promoted now, it is no longer the usual and normal practice where DEXes are left without being promoted and without much activities. Although, i have been using IDEX for quite some time now and i just discovered another with a growing volume, called Allbit, which the author has also included on his list. Promotions are very important and vital aspect of exchanges, whether decentralized or centralized.

I love Decentralised exchanges mainly because I am a control freak and I love having control of my tokens at all times, decentralised exchanges helps with this because I can eat my cake and still have it, I can be trading and still be responsible for the safety of my assets.

Decentralised exchanges are not really my thing especially those built in the Ethereum blockchain, when the network is slow, it would take hours for your transactions to be confirmed but I also dislike the fact that I have to pay transaction fee with ETH.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

Leverj will be provably secure using fraud proofs. Do your own research. Learn more about fraud proofs at https://blog.leverj.io/gluon-plasma-security-9d422180ade9 (https://blog.leverj.io/gluon-plasma-security-9d422180ade9)

Decentralized exchanges always superior than centralized exchange. The vast majority of the client endeavor to overlook KYC on the grounds that our archive isn't sheltered in other individual or organization. It's dependably continues stressing over whether they are utilizing awful things. Considering all angles it makes me feel more secure.

I never knew these were all classified under decentralized exchanges. A big applaud for the OP for helping me with this. I like decentralized exchanges for the reason being that the possibility to get affected when the exchange is hacked.

Base on your detail explanation, other cryptocurrency exchanges are not decentralized exchange platform? If they are not, then why do they classify themselves as being a decentralized platform? 

The speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex

Decentralized exchanges have been the real backbone of the present crypto universe, they promote anonymity the power of decentralization and offers equal opportunity to all projects that require listing on exchanges.
IDEX is my favorite erc20 DEX, its site is relatively light, very responsive and the ethereum blockchain means it is also fast and secure.
This is my personal best of all the ERC 20 based decentralized exchanges

Very useful and very informative thread. If you add information about other types of exchange (centralization) it seems that it will be better The embedded links are also very useful, because I see most of these exchanges are often used as the first place for listing new tokens.

Except the LEVERJ exchange is going to run on Gluon Plasma, a side chain that will allow high speed trading and a UX similar to centralized exchanges. And other advantages, think of being in control of your coins while trading without these hassles:

Gas fees for every trade
Gas fees for every cancel
Signing every order manually
Confirmations needed for orders to be accepted
Confirmations required for fill before you can exit a position
Front running by miners
Front running by exchange operators
System unresponsive when network is congested.

Bonus: Liquidity.....

The confusing part for ppl is the "EX" of "DEX". i.e., what constitutes an "exchange". All are non-custodial. (The "D" is not without its controversy as well...as in the degree of decentralisation to qualify for being a DEX). So there is a broad spectrum of what constitutes a DEX. Like LEVERJ is going to be a hybrid DEX, non-custodial, but with centralized order book and matching (secured by fraud proofs). https://blog.leverj.io/gluon-plasma-security-9d422180ade9

Very informative and give done insights for beginners. Some of them were new to me but it gives easier for us to check as it have links.
I'll be looking out of them the one that could have a satisfying transactions fees and mostly of them were just the same. And the next, will see the team configuration and to trace if they are legit or not.

IDEX is only decentralized exchange that I use. Decentralized exchanges are not that user friendly like centralized exchanges, and it seems to me that market really does not appriciate decentralized exchanges, especially if we compare daily users of centralized exchanges and decentralized exchanges. Despite of that, I would like to have at least an option to choose between these two, just like we have right now.

This thread is really making sense to me. You took time to put up a good post on DEX, thumbs up. Actually, the DEX I use most times is IDEX. Before I use forkdelta but with time, I lost interest due to some drawbacks. I will also advise, do not import your private key directly to decentralized exchanges, it's risky. Use metamask or other web3 extensions. Thanks

Surprising, there are so many DEX I never knew. Out of this massive list, I only use Crypto Bridge and Allbit. Often I try to avoid DEX for its slow loading process, limited listed coins, and small trade volume. I think we need a clean and faster DEX for everyone so it gets more liquidity.

Sometimes using decentralized exchange is is better because the volume is not easy to faked.
I don't expect you can tell many decentralized exchange. What i know most decentralized exchanges are in ETH coin, like : IDEX, DDEX, etherdelta, forkdelta, etc.. Your information is very useful for users.

There is no highland of knowledge. Advises, suggestions, corrections and the likes are welcome, peradventure there is any. I look forward to update this thread with more DEXes as they lunch. This might also come from you. Therefore, if it is genuine and reliable, i will also add it. Thanks for your anticipated contributions.

UPDATE IN PROGRESS...
[/quote]

You can officially add LEVERJ.io to your DEX list. Launched beta on mainnet!

Decentralized Futures Exchange, non-custodial, speed of centralized exchange, and liquidity!

https://www.reddit.com/r/ethereum Then Search for LEVERJ

Twitter Announcement (https://twitter.com/Leverj_io/status/1097921360955875330[/url)

Thank you so much for the information about DEX. You explained it very well. The thing i like the most about DEX is i don't need to disclose my identity in order to trade there and it also more secured than centralized exchanges. BTW I'm surprised that there's a lot of DEX around. I only knew idex, forkdelta and bancor before.

Idex and etherdelta are the most common decentralized exchange I use especially when I want to buy erc20 tokens or when I want to sell it. For regular trading, I still use the centralized one since I mostly trade in btc/fiat pair. Decentralized exchange is good at one side but centralized exchange still better at some points.

Advantage for decentralized exchange is you can trade anonymously and you can take advantage buying on dump tokens from bounty hunters.
I use IDEX over Etherdelta  because it's more popular now and has a cleaner interface compared to Etherdelta but I think there will be a big decentralized exchange that is soon to come, which is the Binance Dex.

Relevant news about this one has a latest publication today.

 New Binance DEX Testnet Launches in Less Than 24 Hours: Here’s What Users Need to Know (https://bitcoinexchangeguide.com/new-binance-dex-testnet-launches-in-less-than-24-hours-heres-what-users-need-to-know/)

Thanks for the update. It is a good development. This is one of the DEXes that many are anticipating will be the biggest. At least, it will create a lot of competitions among all others.
By the time the Mainnet lunches, i will do the update.
I have been waiting for it.

Saw this on Twitter this morning, "The Binance "DEX" is as much a DEX as JPM coin is a cryptocurrency. ¯\_(ツ)_/¯"

https://twitter.com/WhalePanda/status/1098168819045019650

The lunch of the BinanceDEX testnet which will be on the Binance chain, is a good development, considering the speeds at which it is operating. Very soon, we will be seeing more traders on decentralized exchanges.
Transaction speed has been an issue for decentralized exchanges and I think BinanceDEX is one of the DEXes that will be solving it.

Decentralised exchanges are the true peer to peer exchanges, best for anonymity of transactions, low transaction fees and no maximum withdrawal unlike in centralised exchanges.

Thank you of course for the selection of exchanges , but of course in all these exchanges there is the only main disadvantage of little liquidity on all coins and sometimes have to wait for weeks or months to someone bought .

I also more often use dex for erc20 tokens trading for it is more complete list of tokens, though the volume of certain tokens may become my reason not to trade there. I use cex only for trading with fiat pair. I guess both dex and cex have each advantages and disadvantages.

I came across an exchange which calls itself a DEX, yet, it is asking users for kyc, most especially none Koreans. The name of DEX is Allbit.
If you do not get your kyc done, there is limit to the amount you can withdraw.
My concern now, is that, should that be called a DEX?

I always choose decentralized exchanges like 0x, CDEX. I found them more reliable and really trust them. Because Blockchain technology actually base on decentralized. Thats why i prefer it.

DEXes are great and very safe, but the problem is that there are too many trading pairs and if you a trader it is not so efficient to trade on DEXes. Thats why we need a decentralised exchange will a lot of trading pairs and great volume.

I believe that decentralized exchanges will actively develop in the near future. It seems to me that many people trust such exchanges more than ordinary ones.

Decentralized exchanges do not have enough volume, but this is due to popularity. When decentralized exchanges become more popular, then the problem with small volumes will be solved by itself.

When everyone understands the advantages of decentralized cryptocurrency exchanges, and the exchanges themselves will have a more friendly and understandable interface, then the question of volume and liquidity will disappear by itself.

It seems to me that the volume of daily trades on the trading platform is also important, and also if we are talking about a certain project, then what are the daily turnover of sales and purchases of the corresponding coin at a certain exchange.

That not withstanding, it is because we d not yet understand the benefits behind it, that is why volume has been one of the issues on decentralized exchange.
Volume is a little issues, if we have traders.
The CEXes today that have a lot of volume, got that as a result of the promotion that the team of those exchanges were able to do. If this same act is replicated on DEXes, there will be improvement.

They need to earn the reputation to be popular.
Binance has a plan to launch their decentralized exchange this year and I guess this is a big news that would certainly affect the decentralized exchanges
in a positive way. when people are satisfied with this upcoming decentralized exchange, it would easily result to an increase of volume.

What ? If they are popular then why they dont have enough volume ?  That should be the opposite  . like for example binance got alot of volumes because binance is verry popular  . 

What you really mean to say is that decentralized exchange are not popular enough comapred to centralized ones because decentralized exchange mainly foccuses on altcoin and erc20 type coins  .  these kind of exchanges are seemlesly buggy and slow  .

It's certain that DEX is the best backbone that supports cryptocurrencies, usually distributed ledger tech are being used to achieve this. Peer to peer trading community is what makes cryptocurrencies special. Personally I use Bitrus as my platform for crypto exchanges because it supports 50+ altcoins and repurchase strategy. I also love its user-friendly interface with a lot of tools designed for beginners.

Thanks to decentralized exchanges and peer to peer exchanges you can stay completely anonymous, that is good because privacy matters.

NICE LIST!!!! Thank you for putting this up. I will definitely bookmark this so I have referrence about these exchanges. I consider myself still a newbie, and true to its word - I am! I only know of forkdelta and Idex as they are the only dex I use. I use more Idex though its a challenge to meet the minimum trades as I have only a small amount of tokens.  I will definitely explore your list and see if my tokens are in there. Thank you.

Decentralized exchanges give anonymity, but unfortunately they have a small amount of coins and do not work so quickly. I use Coinchangex and EtherDelta from this list.

See volumes are decreased due to because of ETH price, once the price of ETH was around 1000$ and the volumes of the DEX platform are very high and now the value of ETH is around 140$ which makes low volumes. I hope the Decentralised platform will more in the coming days because every country coins are launching their own blockchain platform as a smart contract platform.

I'm so impressed with what you have contributed so far. I find it very informative, especially when it comes to the advantages and disadvantages of decentralized exchanges. It seems that trading volume decrease due to the domination of the bear market. However, the positive side is that Ethereum is starting to gain traction once again starting off with the Constantinople fork that happened earlier. Binance had recently launched their DEX because they saw how decentralised exchanges are going to change the pace in exchanging tokens rather than centralised exchanges.

P.S. I would suggest adding MetaMorph Pro DEX to your list. :D

there is one more variant, instant non-custodial exchange services, like simpleswap or changenow. they are like dex exchanges, but more reliable and safe.

you mean coin listing ? that depends  on the exchange that you are using   , some exchange list only few or small time coins while others list big and many different kinds  .


i do heard both of them but i dont try to use coinchangex  ,   i only use etherdelta/forkdelta  .

@op  , thanks for listing all the dex exchange that you know  but sadly i dont recognized most of them  .  i find it risky to try new and unrated exchange  . i guess ill stick for the popular ones for now  .

Hopefully we get there soon. 90% of the value of a DEX is that they are non-custodial. The other 10% varies by DEX, but users should figure it out soon!

Very informative, and I am pretty sure this will definitely give a big tools for the beginners here in the forum.
actually, there are some decentralized platform which according to me is good just like IDEX, but I am very much favorable still on
centralized exchange, on which I think is much more confident for me to use it in my opinion.

IDEX has for quite some time now, been at the fore from of DEXes, which despite that, is yet to measure up with so many global big exchanges. If some of the shortcomings being experienced by decentralized exchanges can be overcome, it will enhance their adoption.

There must be an exchange that will lead them, they don't have a good reputation that is capable of attracting more traders.
Binance DEX is the answer, if this will be fully develop, we might see significant increase of traders and it will give good effect to other DEX like IDEX, etc.

Yes, Centralised exchange is very good but most of the banks are being controlled by them but the decentralised exchange is becoming more familiar because TPS speed kept increasing which makes most of the companies showing interest towards Decentralised because in decentralised they find it more comfortable compared to centralised.

The major driving force for centralized exchange is the volume. If that is removed, I believe interests will be shifted towards decentralized.
Well, it is still very early and what the future holds for decentralized exchanges, is in going to be surprising.

early ? when do you think crypto has started ?  bitcoin came out first on the year 2009 and after this others also followed . exchanges are also built along the way and that includes centralized and decentralized exchanges but centalized are the ones that became popular or indemand on other words due to its huge volume ( like what you have stated above ) but aside from volumes  , i think its the stability or the service of a centralized exchange is what makes them better compare to dex exchanges  .   

While I was checking through the list, I discovered that some of the DEXes are beginning to have trades with volumes, which like we have on some centralized exchanges. I checked the trade between APOT and VNT on Allbit and I was amazed. Although, it seems there is a promotion going on, which I feel most exchanges (DEXes), should integrate trading competitions on their exchanges.

Volume is the people here, they are giving the volume in any exchange, and they can also do that with decentralized exchange.
They are more confident with centralized exchanges because they trust it over decentralized exchanges, that's the only thing, if decentralized exchange will improve and offer some good security then maybe we will see more people trading in the platform.

The issue with decentralized exchanges is not about trust on security, as q matter of fact, considering what is presently happening these days, it is more trustworthy than centralized exchange. There is not much much issue on the security of decentralized exchanges, like we have on centralized exchanges.

Thanks for the post!
Today there are lots of different dex services and it is quite a challenge to find a reliable one. There is one recent dex project that I find quite interesting - it is called https://ortodex.com
You can also check it out.

what is the advantage and benefit for developers of making DEX?

It will be part of their portfolio and if the DEX becomes successful, they will be credited for the work that they have dedicated for that project. And in return, they might receive more projects because of the success that has been seen to the creation of DEX.

Actually the answer is more of their personal benefit.

So in other words, there are no revenue model in DEX for developers? I haven't seen any benefits for developers in terms of income they can get by developing DEX. I think rather than building DEX, centralization exchange by far is the most suitable way to earn income from fees, isn't it?

I'm not a dev so I can't actually answer what's behind with those questions but this is my opinion. Since DEX is all about decentralization the fees that they cater from our withdrawals goes actually to support the DEX itself. I'm not also seeing those devs talk about it because they are building a platform that isn't centralized. Yes, you are right. If you are with the income, go with the centralized exchange just like Binance. Look on how much they've earned in 2018.
Binance Earned $446 Million in Profits in 2018, Analysis Shows (https://www.cryptoglobe.com/latest/2019/02/analysis-binance-earned-446-million-in-profits-in-2018/)

Actually, I was just wondering why people willing to build DEX when traditional exchange has more benefits for their own development or maybe like just everyone said in this thread, the community in crypto world is indeed already reached on a level that they want to control their own finance with anonymity and without intervention of third party, I guess. Anyways, thank you for your information, and yes i know about Binance, they are really great with the development on its exchange, it has many features such as launchpad, they even made Binance DEX, they always move forward really fast!

Same question should be asked to Satoshi Nakamoto. Why spend time and effort to build Bitcoin when traditional money is already easier to use and build up on?

Crypto as you can see is all started from the ideals of controlling your own money, not necessarily anonymity but to protect yourself in terms of privacy from the prying eyes of others.

Now big companies like Binance would like us to believe their DEX is decentralized but their DEX is only custody free, not decentralized in the purest sense.

Yes, we are expecting some positive feedback about the binance dex platform because once we see fully functional platform will help that it will attract many customer to their Dex platform. Already there is no full pledge dex platform out there but once Binance releases its dex will help to increase the demand for the Binance Dex platform.

Hope the problem with Binance get hacked still make people believe with it. If me personally like Binance DEX or Binance market itself because it's reputation and maybe not disturb me to use it for now.

It's about decentralization and it's about the innovation that they can contribute to the community. Some developers aren't really in for the money because it's either, they have it already or they want to prove something that it's possible through their idea. I think you're curiosity came out because by just checking the threads on Bounties (Altcoins) there are too many projects that are tackling about DEX, it is their product  and I'm surprised that there's many of them.

when binance replace of them, it can be okey. people still believed binance with responsibility and good custom suport

Previously traded on the Delta. However, it had very poor functionality. And often braked. Today is the best solution exchange IDEX

That's the most popular decentralized exchange now, but the volume has really gone down because the interest of ETH tokens has also dropped.
Currently, trading volume now is $1,753,150 USD but I hope a new competitor will operate in the market and will not only be limited for ETH and its tokens.

I also do trade on etherdelta and forkdelter  but it has been long I used them to sell tokens.  The two decentralized exchange that come from each other do discourage trading to keep distance because of the "functionality "  I think I do prefer to used a centralized exchange more than decentralized one this days.

Check out Saturn Network

https://saturn.network

Free & automated token self-listing
wallet to wallet one transaction trading
loyalty program (exchange mining)
Profit Sharing (Saturn DAO)

We are also MultiChain currently deployed on Ethereum and Ethereum Classic, supporting all ERC20 or ERC223 tokens.

So far yes that's one of the dex with volume. After the hack of binance, a lot of users in the forum are recommending to use DEX for safer funds.  One that I have been using before was the WAVES DEX, it existed before IDEX but failed to generate more volume. I don't really see why DEX will be used often if there ain't no volume to it.