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Author Topic: Decentralized Exchanges!! Who's used them?  (Read 297 times)
thepo1m
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December 03, 2017, 12:13:13 PM
 #21

EtherDelta is a decent exchange for all Ethereum based tokens, but need to work on their inferface, WaveDex only fee token can be traded there and has low trading volume
asriloni
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December 03, 2017, 12:48:27 PM
 #22

EtherDelta is a decent exchange for all Ethereum based tokens, but need to work on their inferface, WaveDex only fee token can be traded there and has low trading volume
You may need to read again, It's not about the decentralized exchange. the main thing about if there is a decentralized exchange and why most of people are still using the centralized exchange site.

The centralized exchange give the more convenience for majority of the person and to avoid such kind of manipulation.

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December 03, 2017, 01:01:13 PM
 #23

DEX's are so needed in the crypto sphere that I can't believe there isn't a major one operating yet.  To realize the decentralized, uncensorable founding principle of crypto, a DEX is the logical next step and is needed to achieve that vision
eaLiTy
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December 03, 2017, 01:05:49 PM
 #24

Anyone have any experience and knowledge using decentralized exchanges? I know theres a few out and more coming.  Very exciting! After all why have a decentralized system depending on a centralized exchange.
With rules and regulations coming out against centralized exchanges and with crypto currency being ideologically known as a decentralized currency we need more decentralized exchanges ,we have quite a few exchanges now,but the volumes are not that huge like we see in centralized exchanges,we need more volumes in these decentralized exchanges and i am sure it will catch up in near future.
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December 03, 2017, 01:08:00 PM
 #25

DEX's are so needed in the crypto sphere that I can't believe there isn't a major one operating yet.  To realize the decentralized, uncensorable founding principle of crypto, a DEX is the logical next step and is needed to achieve that vision

they alreayd exist, you have etherdelta, waves. but they are still on beta, working on their product, the centralized one keeps the market for the moment, but soon the liquidity will flow on those platform.

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December 03, 2017, 07:52:36 PM
 #26

Wow! Thanks everyone for all your comments. Lots to go through here. I'll report m experiences.  Grin
boranes
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December 03, 2017, 08:04:38 PM
 #27

Anyone have any experience and knowledge using decentralized exchanges? I know theres a few out and more coming.  Very exciting! After all why have a decentralized system depending on a centralized exchange. Right? Just getting into this and realizing what a pain in the ass it is to be verified and have to use multiple exchanges to do what I need.  Ugh.  Angry
Only decentralized marketplace which i am using is etherdelta. I like it because there are no problems like there are on other exchanges(verification, waiting for coins, wallets in maintenance and all other issues).
It is very simple and I hope in future we will see more decentralized exchanges, not only for erc20, for altcoins too.

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December 03, 2017, 08:10:15 PM
 #28

Etherdelta is now the most popular and reachable exchange . I am using that, because that's very easy..but the negative thing - ED dumps price of altcoins so hard


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December 03, 2017, 08:14:08 PM
 #29

I think that in the future everyone will move to decentralized exchanges. That's cool! It's cheap, safe, anonymous. A lot of pluses. All tokens remain on your blockchain. The main thing to avoid scammers.
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December 03, 2017, 08:25:09 PM
 #30

Anyone have any experience and knowledge using decentralized exchanges? I know theres a few out and more coming.  Very exciting! After all why have a decentralized system depending on a centralized exchange. Right? Just getting into this and realizing what a pain in the ass it is to be verified and have to use multiple exchanges to do what I need.  Ugh.  Angry
Only decentralized marketplace which i am using is etherdelta. I like it because there are no problems like there are on other exchanges(verification, waiting for coins, wallets in maintenance and all other issues).
It is very simple and I hope in future we will see more decentralized exchanges, not only for erc20, for altcoins too.
Strongly agree with this Wink
Now the Marketplace requires its members to verify, on the grounds of avoiding something undesirable, then decentralization is a strange thing to manifest Angry
Let's look at the presence of decentralized exchanges, not just for erc20 but also for AltCoin. is it possible? Huh Roll Eyes
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December 03, 2017, 08:27:10 PM
 #31

I got to say I was pleasantly surprised by BitShares' DEX. I find it to be way better than any other similar project because it's not only fast but also more user-friendly than it's competitors having also some amazing unique features such as Collateralized Smartcoins (digital tokens backed by BitShares' company shares such as bitUSD, bitEUR, bitCNY, and others which represent the same value as their underlaying physical asset making it possible to be redeemed as such) or Provable Order Matching Algorithm which basically makes it possible that given a set of orders, you will always be able to provably verify that these orders have been matched properly.
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