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Author Topic: Etherdelta is a good choice?  (Read 2044 times)
brascopck
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October 12, 2017, 09:15:07 AM
 #81

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?

To be honest Etherdelta is really sucks for trading. Deposit altcoins always take a long long time to get confirmed and you also need Ethereum ready on your account for trading on Etherdelta. The only benefit that I like on Etherdelta is new altcoins can be traded fast on etherdelta, so we don't need wait more to trade our coins.

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October 12, 2017, 08:26:54 PM
 #82

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?

To be honest Etherdelta is really sucks for trading. Deposit altcoins always take a long long time to get confirmed and you also need Ethereum ready on your account for trading on Etherdelta. The only benefit that I like on Etherdelta is new altcoins can be traded fast on etherdelta, so we don't need wait more to trade our coins.

In my experience, depositing tokens into the Etherdelta smart contract can take a while (10-30 minutes) because these transactions are sent with a very low fee. Fortunately, that saves you money. This is the nature of decentralized exchange; you're using the blockchain, which isn't all that efficient. But you can remove trusted third parties this way.

There is still some security risk due to MITM attacks via browser, but it's a big improvement from the exit scam / hack risk of centralized exchanges.

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October 12, 2017, 09:23:39 PM
 #83

Etherdelta give you access to your private keys, so you are totally safe using their exchange. Its almost specialized in the trading of the tokens, but its supporting only ETH .
If they can adding BTC and some other altcoins it will be a lot better.
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October 13, 2017, 12:38:55 AM
 #84

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 think etherdelta its most easy to use , because we just import an private keys and eth address.
But u must have minimum 0.01 ETH to make a deposit to etherdelta wallet.
And then most a new token always can exchange on etherdelta because i see , all new token easy to listed on etherdelta.
I always use etherdelta to make a exchange token from airdrop/bounty.
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October 13, 2017, 04:43:29 AM
 #85

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 really don't like EtherDelta for some reasons. First, the site is so slow. It likely takes some minutes for the site to load all its contents upon logging in to it. Second, the features are very complicated and messy. If you are a newbie in trading, and log in EtherDelta, you will really get lost. Another thing is that the prices of the altcoins are way far lower compared to other exchanges/trading sites (which I think is an acceptable reason to avoid this site). I've tried this site once, and didn't use it again since then.

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October 13, 2017, 05:54:42 AM
 #86

Etherdelta is a very good exchange to make profit, besides the term decentralized is what i like more. You will need to know that it limits your trade cos you can only trade ERC20 tokens. I will suggest adding couple of other exchanges and use them. Many of them exits. It's always good to diversify
Yes ETHERDELTA can be profitable at some extinct as it has limited user as compare to bitcoin and there are not enough popularity yet and it may be possible in future that this token can be used as money making investment but talking about this time bitcoin is king of crypto and will remain at crown, trade also in bitcoin both will give you huge combined profit.


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October 13, 2017, 06:24:10 AM
 #87

Etherdelta is a very good exchange to make profit, besides the term decentralized is what i like more. You will need to know that it limits your trade cos you can only trade ERC20 tokens. I will suggest adding couple of other exchanges and use them. Many of them exits. It's always good to diversify
Yes ETHERDELTA can be profitable at some extinct as it has limited user as compare to bitcoin and there are not enough popularity yet and it may be possible in future that this token can be used as money making investment but talking about this time bitcoin is king of crypto and will remain at crown, trade also in bitcoin both will give you huge combined profit.

Etherdelta gain more popularity due to the ERC20 coins and its very profitable to trade at them since they are trusted site to lend your money with, But we must be careful on phising sites since there are so many people copy the interface of that site and phis their victims to stole there balances. And we should do a proper checking on the site where we input our keys so that we will be safe always.

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October 13, 2017, 06:46:53 AM
 #88

Dont pick etherdelta  has no private keys and not entirely safe and so many doesnt know about that in short not popular and doesnt have many exploits and safety measuresand such proofs of security go for used ether sites or exchages like myetherwallet or bitrex etc.

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October 13, 2017, 07:55:31 AM
 #89

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 really don't like EtherDelta for some reasons. First, the site is so slow. It likely takes some minutes for the site to load all its contents upin logging in to it. Second, the features are very complicated and messy. If you are a newbie in trading, and log in EtherDelta, you will really get lost.

It's definitely not glamorous or fast, that's for sure. That's the tradeoff with decentralized exchanges, and why most people don't bother with things like Etherdelta. Centralized exchanges can have much thicker order books, lightning fast trading engines, and placing orders on the book doesn't require a blockchain transaction. Etherdelta is definitely not for beginners.

But it does feel good to be able to trade without trusting my funds to an exchange. I was crippled pretty badly by both Bitfinex (2016) and BTC-e (2017), so I'm not overexposing myself to any centralized exchange.

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October 13, 2017, 03:52:56 PM
 #90

After some day I really don't like this kind of market, the transaction is too slow and sometime fail....

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October 13, 2017, 05:43:00 PM
 #91

Etherdelta is very good marketplace for newly launched Tokens , Specially if your have purchased tokens from Officially and the price bumps in market and profit. Specially if you earned tokens from bounty and you want to withdraw your earning then its good news you can sell at this exchange website.

if you think other coin may reach top in future you hold that token from exchange and wait for rise 
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October 13, 2017, 06:19:11 PM
 #92

Dont pick etherdelta  has no private keys and not entirely safe and so many doesnt know about that in short not popular and doesnt have many exploits and safety measuresand such proofs of security go for used ether sites or exchages like myetherwallet or bitrex etc.
Most of members using this etherdelta just for selling and buying tokens which are not available on other exchanges because they are very new in market its still very confusing but giving very good way to enter in market myetherwallet and bitterx cannot provide this service so quickly like etherdelta

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October 13, 2017, 06:33:58 PM
 #93

Etherdelta is a very good exchange to make profit, besides the term decentralized is what i like more. You will need to know that it limits your trade cos you can only trade ERC20 tokens. I will suggest adding couple of other exchanges and use them. Many of them exits. It's always good to diversify
Yes ETHERDELTA can be profitable at some extinct as it has limited user as compare to bitcoin and there are not enough popularity yet and it may be possible in future that this token can be used as money making investment but talking about this time bitcoin is king of crypto and will remain at crown, trade also in bitcoin both will give you huge combined profit.

I think your reply is out of the context. I really don't understand what you are trying to point here.

Etherdelta isn't the profitable itself but the tokens listed on this decentralized exchange. Also why mentioned of number of users here? If you meant for volume, then it was pretty showing good and because lots of ERC20 tokens are being created then surely it will boost more the volumes in the future.

P.S Etherdelta is not a token that can be used for trades, it's an exchange.

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October 14, 2017, 11:11:44 AM
 #94

After some day I really don't like this kind of market, the transaction is too slow and sometime fail....
I feel that is just the major challenge with them. They just suck at that and they don’t seem to be making any improvement. At least, being the most sorted after exchange for tokens, they can capitalize on that to make the exchange very usable for users so as to drive in more traffic. They have a great edge in some areas, but they just need to work on something that are quite relevant.
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October 14, 2017, 12:49:42 PM
 #95

i hate etherdeltas gas system. its also too heavy for transactions. and volume is not enough for major coins

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October 15, 2017, 11:01:28 AM
 #96

I have ETH in bittrex and another exchange. Can i transfer it to etherdelta to buy alt coins? If it is possible then do i have to provide my etherdelta account as the ETH address in Bittrex?

I checked through forums but there was no mention of it. Kindly let know also if there is any alternate solution to this.

Thanks guys.
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October 15, 2017, 02:23:47 PM
 #97

I use it more than 3 months. Website is sometimes very slow and orders are not accepting but the advantage of this site; they list new ethereum based coins/tokens firstly. And you can connect your ether wallet to etherdelta easily.

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October 15, 2017, 02:55:42 PM
 #98

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?

To be honest Etherdelta is really sucks for trading. Deposit altcoins always take a long long time to get confirmed and you also need Ethereum ready on your account for trading on Etherdelta. The only benefit that I like on Etherdelta is new altcoins can be traded fast on etherdelta, so we don't need wait more to trade our coins.

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October 17, 2017, 04:12:20 PM
 #99

I trade to Etherdelta a few times and my feeling was that it was OK, I traded without any technical problems. However, it has two disadvantages that many people may not like. First, the altcoins are only traded, exchanged through Ethereum, if you want to trade with Bitcoin, it isn't suitable for you. Second, you will not need an account, but you will have to enter your private key to use it. I judge this is a lack of trust because nobody knows whether the private key is distributed. But I have tried trade and until now, no matter what happens. This is just my personal opinion
That private key thingy has really been a huge scare for me as well cause that aren't a thing to toy with at all.

Even though I haven't heard much negative news regarding any one loosing funds as a result of this, but I wish there could just be another way. The trust is important though, maybe over time, people will get more comfortable and get used to it.

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October 17, 2017, 05:45:53 PM
 #100

Even though I haven't heard much negative news regarding any one loosing funds as a result of this, but I wish there could just be another way. The trust is important though, maybe over time, people will get more comfortable and get used to it.
Etherdelta has really been very good with having tokens quickly which has really made them very much popular and I really hope they could work on their platform to fix some little bugs.

Over time though, I believe some of this will gradually be resolved and the experience may end up being smooth for users. Having multiple options to trade is always good for me as it helps me not to have all my cryptos into one single exchange. I want more exchanges come to party with us !


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