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Author Topic: Which is the best DEX to use?  (Read 272 times)
Galahad (OP)
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September 10, 2017, 05:21:33 PM
Last edit: September 10, 2017, 06:05:00 PM by Galahad
 #1

Any exchanges which are not part of Bitcoin itself (or other coin) are vulnerable to attacks (e.g Mt Gox). So it makes sense that we should try to move our trades to a decentralized exchange or DEX. The only ones I know about are Counterparty, Omni or NXT at the moment. On Counterwallet or Omni I see very few trades going through and on NXT I can't see any trades except my own.

I know that there are a few other coins in development with a DEX (BTCD, internet of coins) but I can't see any consensus on which is the best option at the moment.

So what is the state of play on DEXes at the moment? Am I too early, is development still in its infancy?
Affilate User
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September 10, 2017, 05:29:10 PM
 #2

Any exchanges which are not part of Bitcoin itself (or other coin) are vulnerable to attacks (e.g Mt Gox). So it makes sense that we should try to move our trades to a decentralized exchange or DEX. The only ones I know about are Counterparty, Omni or NXT at the moment. On Counterwallet or Omni I see very few trades going through and on NXT I can't see any trades except my own.

I know that there are a few other coins in development with a DEX (BTCD, internet of coins) but I can't see any consensus on which is the best option at the moment.
I once tried to trade on counterwallet, but because of the old pending process I was lazy to use it
So everyone wants an easy and simple, I suggest you do not need to be confused, use the most easy to use exchange, because usually enthusiasts will also be a lot if easy to use
aleksej996
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September 10, 2017, 06:19:22 PM
 #3

There is Bisq. It is the only decentralized exchange that I know that trades fiat/crypto as well as altcoins. Plus it has a huge amount of altcoins listed.
Galahad (OP)
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September 10, 2017, 08:23:30 PM
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There is Bisq. It is the only decentralized exchange that I know that trades fiat/crypto as well as altcoins. Plus it has a huge amount of altcoins listed.
Good info.
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