Top 3 compelling features for New Exchange??

[tradeWind]

Just submitted my vote. Still doesn't understand what do you mean by 1 second trading speed though. Can you add more details or clarify about it? I initially thought it means the speed to place buy/sell order, but that seems can be done in most current dexes,

Thanks for voting, joniboini.  Current DEX's have transaction speed mostly around 3 seconds, mainly because they use smart contracts to settle trades, which create a speed bottleneck.  They might be able to match orders quicker, but if they use smart contracts to settle then this will slow them down.  I hope that clarifies.  

What "DEXs" are you talking about? A small warning, some DEX that claim to be "decentralized" are not actually decentralized.

The only truly decntralized exchange that I know is BISQ, https://bisq.network

When it comes to DEX's, there's definitely a lot of variations in architectures.  DEX's that use smart contracts to settle include the largest one, IDEX, as well as any exchange that uses 0x protocol.  Full decentralization is a long road, and there is no DEX that is fully decentralized in the purest sense of the word.  You can read one perspective on it here:  https://medium.com/aurora-dao/pragmatic-decentralization-how-idex-will-approach-industry-regulations-8b109212128a

[tradeWind]

If you are building a decentralized wxchange then why is there need of KYC?

It is rare that DEX were asking for KYC,since it is mostly created for the purpose of trading anonymously.

This is a common question I'm seeing, and I've responded to it previously, but I will will respond to it again to add more details.  The situation of KYC requirement is still evolving legally.  The legal obligations of DEX is not clear, and DEX's like EtherDelta has been sued personally.  Furthermore, even big DEX's like IDEX has moved toward requiring KYC.

As the legal landscape continues to evolve, I think it is important to acknowledge that the status of KYC requirement is not settled, and to be transparent about it.  There is no point in ignoring the legal pressure that governments can apply.  For us, we're following the Airswap model where KYC is optional and I think it is a balanced compromise, but if the situation change we will inform our community.  

[Wind_FURY]

If you are building a decentralized wxchange then why is there need of KYC?

It is rare that DEX were asking for KYC,since it is mostly created for the purpose of trading anonymously.

This is a common question I'm seeing, and I've responded to it previously, but I will will respond to it again to add more details.  The situation of KYC requirement is still evolving legally.  The legal obligations of DEX is not clear, and DEX's like EtherDelta has been sued personally.  Furthermore, even big DEX's like IDEX has moved toward requiring KYC.

As the legal landscape continues to evolve, I think it is important to acknowledge that the status of KYC requirement is not settled, and to be transparent about it.  There is no point in ignoring the legal pressure that governments can apply.  For us, we're following the Airswap model where KYC is optional and I think it is a balanced compromise, but if the situation change we will inform our community.  

Then EtherDelta, and IDEX are NOT true decentralized exchanges if they have a single point of failure, can be censored, or can be stopped or be ordered to shutdown.

BISQ is the only example of a truly decentralized exchange.

[Noa_Amable]

I would choose low fees, fast execution and cross-pairs

[Supercrypt]

I would choose low fees, fast execution and cross-pairs

Your choice is perfectly the best and this is what will continue to make Binance exchange have more edge over all other exchanges available in the market, I really wonder why majority of people have so much phobia for KYC requirement when it is believed that the system works on a full decentralized technology.

KYC known as Know your Customer as the name implies is just a way for the exchanges to have a little knowledge about their customer for a personal reason and not for public consumption no matter what the case maybe.