It seems that most traders are comfortable using centralized exchanges and accept the risk of spontaneous exchange shutdown. Decentralized exchanges for Ethereum have been around for a while and have been getting more advanced. More people are using them now than ever before. However, cross-chain proxy-free decentralized exchanges (such as Litecoin to Bitcoin or Bitcoin to Ethereum) still lack a significant user base and adoption even though their benefits are well understood and their user interfaces have continued to improve. It appears that settlement speed and blockchain fees may be a major hindrance in their adoption.

What do you think? Why do you prefer to trade cryptocurrency using a CEX over a cross-chain DEX?

[How does this bot work to make money?]

NebliDex | www.neblidex.xyz

Decentralized open-sourced cryptocurrency exchange NebliDex has released an open source market making bot on GitHub that can be used with the Trading API for NebliDex. Market makers earn a 0.2% rebate on each trade. The bot is listed on GitHub.

How does this bot work to make money?
The market making bot can generate a profit two ways. It can use traditional spread differences (buy low, sell high) and, unique to NebliDex, earn market making rebates of 0.2% per trade from taker fees. To use, just load your NebliDex account with a balance, activate the Trader API, turn on the bot and it will trade with what you have. The bot is open source so it can be adjusted to fit your specific needs. It must be built from source, there is no binary available.

What is NebliDex?
NebliDex is a computer-based cryptocurrency exchange supporting Mac, Linux, Windows and Android that has been running successfully since 2018. Traders can use it to make atomic swaps between different blockchains, such as Bitcoin for Ethereum, Bitcoin Cash for Bitcoin or Bitcoin for popular stablecoins such as the DAI and USDC. Because its using atomic swaps, there are no third-party custodians and no proxy tokens. Server nodes are only there to relay trade and market information.

Bot Source: | https://github.com/neblidex/liquidity-bot

[What is NebliDex?]

NebliDex | www.neblidex.xyz

Decentralized open-sourced cryptocurrency exchange NebliDex is now accepting ERC20 tokens that meet certain requirements to join the network!

What is NebliDex?
NebliDex is a computer-based cryptocurrency exchange supporting Mac, Linux, Windows and Android that has been running successfully since 2018. Traders can use it to make atomic swaps between different blockchains, such as Bitcoin for Ethereum, Bitcoin Cash for Bitcoin or Bitcoin for popular stablecoins such as the DAI. Because of atomic swaps, there are no third-party custodians and no proxy tokens. Server nodes are only there to relay trade and market information.

Why a listing fee?
The listing fee is there to support the developers work in listing your ERC20 token, which includes research, implementation and support for your project.

Get Listed! | www.neblidex.xyz/listing/

You can earn interest on Bitcoin using trustless and decentralized processes.

Here are the steps that you can use to do that using NebliDex, an open sourced atomic swap exchange: https://www.neblidex.xyz/

1) Grab the NebliDex application, there is a mobile client available. The source code is available too so you can build from source and run if you prefer to do so.

2) Deposit Bitcoin into your trading wallet by sending BTC to your client wallet. Because this exchange is decentralized, all coin information, including the private key, is stored locally on your phone. There is no exchange wallet. Make sure you obtain sufficient NebliDex tokens (NDEX) as well because these tokens are used to pay trading fees to the exchange relayers known as Critical Nodes. You can obtain these tokens through the exchange. You will also need a bit of ETH to interact with ETH smart contracts.

3) Go to the WBTC/BTC market and exchange your BTC for wBTC (which is an ETH token that is pegged 1:1 with Bitcoin).

4) Withdraw your wBTC and send it to one of various decentralized DeFi solutions (Compound.finance or Fulcrum.trade)

5) Earn passive interest and withdraw when ready. Repeat these steps in reverse to go back to Bitcoin. All steps can be accomplished without identity checks or signing up.

For more information on what WBTC is, go here: https://www.wbtc.network/.

[NebliDex]

NebliDex
An open sourced decentralized cryptocurrency exchange powered by cross-chain atomic swaps

Website: https://neblidex.xyz
GitHub: https://github.com/neblidex
Follow Our Twitter: https://twitter.com/neblidexteam

What is it and how does it work?
NebliDex is a decentralized cryptocurrency exchange software that is ran on your computer, similar to a regular Bitcoin/Altcoin wallet, and connects to other nodes on a network via the usage of master nodes to trade peer to peer using atomic swaps. These master nodes are called Critical Nodes and are responsible for matching traders to each other along with providing order book and chart data. They are rewarded in the platform's proprietary token (NDEX) for facilitating a trade. Anyone can be a Critical Node on the network if they have at least 39,000 NDEX tokens in their exchange wallet. The trading network can be ran with even one Critical Node active. Your private keys are stored on your computer in an optionally encrypted wallet. You cannot trade if the program is closed. There is no third party custody.

What are the supported currencies and markets?
NebliDex supports atomic swap trades for Bitcoin, Litecoin, Groestlcoin, Neblio, Neblio based tokens (NTP1), Monacoin, Bitcoin Cash, Ethereum, ERC20 tokens (only DAI and USDC currently). No derivative tokens/coins are utilized. Swaps happen directly on the coins' respective blockchains.

The current markets are (as of July 22nd, 2019):
NEBL/BTC
NEBL/LTC
NDEX/NEBL
NDEX/BTC
NDEX/LTC
TRIF/NEBL
NAUTO/NEBL
NCC/NEBL
HODLR/NEBL
NTD/NEBL
TGL/NEBL
IMBA/NEBL
LTC/BTC
BCH/BTC
ETH/BTC
MONA/BTC
GRS/NEBL
ETH/LTC
MONA/LTC
NDEX/GRS
NDEX/MONA
NDEX/DAI
NDEX/USDC
NDEX/BCH
NDEX/ETH
NEBL/DAI
NEBL/USDC
LTC/DAI
LTC/USDC
BTC/DAI
BTC/USDC
BCH/DAI
GRS/DAI
MONA/DAI

Exchange History
The exchange was originally designed back in 2018 for use with Neblio (https://nebl.io) and Neblio based tokens but an expansion effort was made early 2019 to include other popular cryptocurrencies. ERC20 tokens DAI and USDC are the most recent addition and the Ethereum contract for them can be found in the GitHub.

Exchange Fees
Critical Nodes expect to receive NDEX from the traders for each trade. The Critical Node that facilitates the trade gets the payment. The NDEX fee is dynamic and is based on the NDEX/NEBL price. When you buy NDEX with a non-Neblio based coin, the trading fee is subtracted from the amount bought. There are no Deposit fees, there are no Withdrawals fees. Since every transaction is on-chain, a blockchain fee must be paid to the miners mining your transaction.

Disclaimer
The exchange is ran by open sourced software. There are no humans running or in-charge of the exchange, no human arbitrators, no one to ask for your personal information, and no logins or signups. All logic is based on blockchain information. However, if you notice a bug or problem while using it, submit a bug report to the developers at: https://www.neblidex.xyz/bugreport/