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Author Topic: Etherdelta is a good choice?  (Read 2398 times)
jackfruit
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October 11, 2017, 05:12:15 PM
 #61

I guess we all wanted a service like that. Considering the idea we support, decentrilazied exchange platform is a "must". However, because it is on a blockchain network and everything needs to be confirmed, things are little slower than what we are used to. Not practical at the moment. I think this is the main problem we all agree on.


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October 11, 2017, 05:29:28 PM
 #62

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?
This exchange pisses me off but most of newly launched erc20 tokens do commonly end up on being listed on this exchange which we can able to see mostly as of now.The thing that do hesitate me is the UI of this exchange and the fees anytime you do make transactions on this one.

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October 11, 2017, 05:34:03 PM
 #63

etherdelta just making more ether Transactions nothing more Smiley no volume, slow System.

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October 11, 2017, 05:35:01 PM
 #64

The UI isn't that good. If you don't be attentive it is easy to make a mistake. And the fees are to high. But you can catch some tokens early on.
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October 11, 2017, 05:35:32 PM
 #65

Etherdelta is only suitable for people who want to invest in ICOs because all ICO projects using the Ethereum platform are listed here. I think Etherdelta is very easy to use, but you have to be careful because the market has a lot of security flaws

What are the security flaws ? I think there aren't many, mainly because it's a decentralised exchange.

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October 11, 2017, 05:45:30 PM
 #66

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

Yes, Etherdelta is a very good exchange because it is truly decentralized and thus it is safer and anonymous. I really like it. The downsides lie in the slowness of the platform and also it's not so easy to use for newbies. Anyway it is still the best choice to trade ETH-based tokens.
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October 11, 2017, 05:56:51 PM
 #67

Etherdelta is only suitable for people who want to invest in ICOs because all ICO projects using the Ethereum platform are listed here. I think Etherdelta is very easy to use, but you have to be careful because the market has a lot of security flaws

What are the security flaws ? I think there aren't many, mainly because it's a decentralised exchange.
Theres no security flaw on using Etherdelta exchange since it is really decentralized the flaw on here is when you disclose your privatekeys for sure those coins of yours would really be at risk on getting stolen by someone.Unlike on other exchange that you would need to sign up and make deposits into your coins and Etherdelta do works on different way since its decentralized.I do like the exchange but having a heavy interface and high fees will really give me second thoughts.

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October 11, 2017, 06:25:10 PM
 #68

Etherdalta is more of a "must" rather than a "choice".  Because they do list coins automatically without waiting weeks or sometimes months for other platforms to list upcoming coins in the market. This is a serious time saving factor for Etherdelta users.


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October 11, 2017, 06:30:47 PM
 #69

Etherdelta is only suitable for people who want to invest in ICOs because all ICO projects using the Ethereum platform are listed here. I think Etherdelta is very easy to use, but you have to be careful because the market has a lot of security flaws

What are the security flaws ? I think there aren't many, mainly because it's a decentralised exchange.
Theres no security flaw on using Etherdelta exchange since it is really decentralized the flaw on here is when you disclose your privatekeys for sure those coins of yours would really be at risk on getting stolen by someone.Unlike on other exchange that you would need to sign up and make deposits into your coins and Etherdelta do works on different way since its decentralized.I do like the exchange but having a heavy interface and high fees will really give me second thoughts.

There are some points they should develop that is about account security, if the user only has a private key that can not be changed then the possibility to be stolen is very large. this is very dangerous for people affected by phishing links.

second development is a gas arrangement that is not understood by everyone, this is a problem because people who do not like it will leave without wanting to learn more

The third is transactions that often delay up to more than 24 hours, this is a big problem if there is congestion due to large volume increases in the same time (Bottle neck)
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October 11, 2017, 06:34:25 PM
 #70

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

If you will asked me Im not comfortable in using Etherdelta since you will entrust your private key to them in order to login. Plus every actions there have a designated gas charges.

But there are times that I need to used them because some coins are being pumped there that if I will wait for that specific coin to be listed on other exchanges, then hype is already over or should I say that it will not happened again.

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ilovefeetsmell
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October 11, 2017, 06:37:09 PM
 #71

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?
Cryptopia is the best and I choose one for buying and selling coins. Cryptopia has the big market amongst all web exchange. Centra? Not been updated about the ICO's and incoming ICO. Our cryptomarket suddenly grew because of the newly created tokens. It's a big advantage to us to make our bitcoin grow. Let us consider this one as a good opportunity, live it with good positive sides.













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October 11, 2017, 06:49:05 PM
 #72

Just a good choice for ICO projects as this is always the first destination of ICO and they often trade in this market. I think if it is pumped in this market then surely it will be an ICO project and you should consider long term investment
I have really still been considering why it is a good choice for ICO projects anyway. I once heard listing your coin on their platform is not as expensive as bittrex or poloniex which makes it one of the major reasons every new ICO make use of them instead. It is good though, hopefully they can try to increase their services much better and make it an exchange of choice instead of just a mere token exchange platform.
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October 11, 2017, 06:53:42 PM
 #73

Etherdelta is only suitable for people who want to invest in ICOs because all ICO projects using the Ethereum platform are listed here. I think Etherdelta is very easy to use, but you have to be careful because the market has a lot of security flaws

What are the security flaws ? I think there aren't many, mainly because it's a decentralised exchange.
Theres no security flaw on using Etherdelta exchange since it is really decentralized the flaw on here is when you disclose your privatekeys for sure those coins of yours would really be at risk on getting stolen by someone.Unlike on other exchange that you would need to sign up and make deposits into your coins and Etherdelta do works on different way since its decentralized.I do like the exchange but having a heavy interface and high fees will really give me second thoughts.

There are some points they should develop that is about account security, if the user only has a private key that can not be changed then the possibility to be stolen is very large. this is very dangerous for people affected by phishing links.

second development is a gas arrangement that is not understood by everyone, this is a problem because people who do not like it will leave without wanting to learn more

The third is transactions that often delay up to more than 24 hours, this is a big problem if there is congestion due to large volume increases in the same time (Bottle neck)
Back in the past when i was still newbie on using Etherdelta exchange site which on setting the gas i have mistakenly adjust it too high which it did result on wasting up too much eth on the account on every transactions.It did really confirm the transaction fast not instant as expected knowing the network is always congested which same as you said some transactions are really on delay because on the volume.If you are really new on exchange site like delta you would really have a hard time on understanding it for the very first time but well they do have their help page.

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October 11, 2017, 08:26:46 PM
 #74

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?
As far as I am concerned, etherdelta is basically good for the fact that you can easily load your tokens and exchange them but for regular trade and for security, I am not sure they should be in the top list of anyone. There are so many exchange that are way much better to consider such as binance, bittrex, bitsquare or just find the one that is best for your needs. This link can be of help https://www.cryptocompare.com/exchanges/#/overview
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October 11, 2017, 08:42:47 PM
 #75

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?
I don't know, i think there are better exchanges than it is etherdelta.
I mean, you can trade only tokens for ether and vice versa there while in other exchanges(bittrex, liqui, cryptopia...) you can trade tokens, altcoins and bitcoin.
agree with you also that ether delta would be the good choice but as we can see there is a lot that use this but for trading only.
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October 12, 2017, 08:08:02 AM
 #76

I dont think so. I have been trying to trade some tokens from a week or more now and not even once it was an easy stuff to do. Especially after when the eCoins bubble started on the ether chain.
Yes ECOINS are also profitable in some aspects but there are only dozen of people who know about it crypto is mainly relying on bitcoin and it is use to make money faster maybe in future there is bit scope of ECOINS also but bitcoin is now ruling the throne and in future there may be a possibility to this that this token can be used for money making.
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October 12, 2017, 08:11:07 AM
 #77

As for me, this exchange is quite difficult for a beginner, it will be her fear, and of course, decentralization is a good choice.
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October 12, 2017, 08:42:13 AM
 #78

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

They have listings and markets for essentially every single token on the ethereum network which has not yet made it to other big public exchanges e.g. poloniex/bittrex. So it's a good way to grab coins just after the ICO.

It's a good exchange with lots of pairs, i personally have not used them much but they are not bad frankly.

However, as soon as a coin gets listed on a big exchange, expect volume on etherdelta to go down.
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October 12, 2017, 08:46:03 AM
 #79

I dont think so. I have been trying to trade some tokens from a week or more now and not even once it was an easy stuff to do. Especially after when the eCoins bubble started on the ether chain.
Yes ECOINS are also profitable in some aspects but there are only dozen of people who know about it crypto is mainly relying on bitcoin and it is use to make money faster maybe in future there is bit scope of ECOINS also but bitcoin is now ruling the throne and in future there may be a possibility to this that this token can be used for money making.

But I can't trust them to trade with and those Ecoins are good for only a short time trade and I think its scam, and look on what is happening on E coins on delta some of them died and the others has been dumped so hard and the only one who got benifited unto that is the creators of that Ecoins.

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October 12, 2017, 08:58:34 AM
 #80

Decentralized market look like a good chance to make profit, etherdelta is one of most popular but look like all token on this market are full of speculation...... What you think about? Solid project like Centra are good investement for medium time or is too risky?

Well, it's purely for token trading, right? Most tokens are highly speculative, if not outright scams. I like Etherdelta a lot for what it is -- in-browser (simple, easy) decentralized exchange. The problem with security is that, much like Blockchain.info, you don't control the software that is pushing transactions. So if the service is compromised, you could be subject to MITM attacks, even if the site doesn't control your private keys. All in all, though, it's safer than a centralized exchange. Just don't transact with huge amounts of money there.

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