In terms of usability and innovation, I think the Switcheo DEX wins hands down. You gotta see it and use it to believe it. Their exchange also comes with atomic swap capabilities which is what a lot of DEXs lack.  

The only unfortunate thing is liquidity, the number 1 problem that all DEX faces.

Yes. But similar to other answers, this is only possible on decentralized exchanges.

DEX usually charges v low fee. But Switcheo does not charge for maker fees and withdrawals fees. So these two are free.

Takers fees are usually low on DEXs too. 

I've used Switcheo through O3 wallet for NEO since they integrated. It is safe.

Crypto projects are all trying to get regulated because retail consumers think regulated = safe. But that's not the case. Crypto is about taking back our freedom and privacy. Its a shame even DEXs like IDEX are doing KYC now.

Always do your research when visiting new exchanges. Don't believe the reported volume. You should go see how thick the order book. You can also use a DEX, but find out if they can block access to your funds once they're down. A true DEX will not be able to do that.

Switcheo is a DEX that supports tokens from Ethereum, EOS and NEO blockchains. They recently just published a podcast done between Nomics and Switcheo CEO which can be found here: https://blog.nomics.com/flippening/multi-chain-dex-ivan-poon-switcheo/

In this very informative podcast, the CEO talks about interoperating more blockchains with only 1 side-chain that will be built similarly to the Binance Chain, but a decentralized one. The podcast also discusses how they built their exchange and what Switcheo will be amongst the many exchanges. (Hence -> The Iphone of Exchanges")

With so many DEX falling into regulations, this team has big ambition. Interested to see what Switcheo will bring to us in the decentralized space.

I don't think IDEX implementing KYC is a good idea. Irregardless of the "reasons" they provide, i think it may be because the IDEX founders are US citizens and SEC are tightening their regulations. The same thing happened to this "DEX" called Aphelion on NEO blockchain.

KYC is required for CEX because they hold users' funds and transaction cant be tracked through the blockchain. But DEXs already provide the transparency necessary that we shouldn't need to go through KYC/AML. A DEX should be accessible to all, owned by no one.

Implementing KYC is like taking away the essence of being a DEX.

Hi. I am new to this space. & This is about a crypto project that I've been following for awhile (a year). Let me know your thoughts on this.

So today Switcheo launched the EOS/NEO pair which is pretty good news. I did some research and this is apparently the first of such pairing other than HITBTC (but i didn't hear v good reviews on this exchange). For a DEX I think this is great because afaik atomic swaps aren't that easy to do. I know how "dex are better than cex" in terms of security but alot of posts say that DEX are hard to use.  But my sister (a complete noob) learned Switcheo pretty quickly so I think that says alot, at least to me.

Switcheo mcap is $2,345,000 USD
Volume is around 300k - 1mil (they recently listed v good tokens that boost their volume quite abit)
Their token, SWTH, which is used as trading fees is also burnt quarterly. This works somewhat the same as BNB right?

Anyway, I feel that this is a super undervalued gem and they're pretty legitimate on delivering their promises to the community, given that their exchange now have atomic swap markets on NEO/ETH/EOS and even an OTC platform. Have you guys heard on Switcheo and what do u guys think?

Interesting. I didn't read the whole thread of this post, but other than greed, I think do think it also due to behavioral psychology as well.

I'm no expert myself, but I was just reading about investor's risk appetite a few days back. In behavioral economics, prospect theory suggests that people, in general, are loss-adverse such that people dislike loss more than equivalent gains. e.g. Losing $10 has a larger impact on you as compared to gaining $10. And in order to such negative emotions, people are riskier in loss situation. This is also proven by many empirical studies which have shown that people are riskier in loss situations, and risk-adverse in gain situations.

On the other hand, there's the "house money effect", which suggest investors are motivated to invest more if they've gained from their previous investments over other options such as depositing it into their savings account. As such, contrasting to prospect theory, the house money effect suggests that gains will make an investor more risk-seeking.

Putting into the context of trading cryptocurrency, a man that has gained from his trading activities will, therefore, be more motivated to trade a larger amount the next time due to the house money effect. Next, assuming that he suffered a loss, instead of backing out, he will once again invest more money to trade in hopes to recoup his losses as what prospect theory suggests.

But anyway, this is just a generic example regarding investor risk appetite, which ignores variables such as their personality and type which may play a part as well. Just another way to look at why traders losing because of greed.

If you are interested, one of the research articles I read is this: https://www.hindawi.com/journals/ddns/2014/158386/