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Author Topic: Is IDEX exchange legit?  (Read 1810 times)
littleeagle
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November 05, 2018, 12:38:39 PM
 #221

I think yes ,,, I believe IDEX is one of the legit exchanges. during the use of idex I have never encountered any problems, but the coins available on their exchange list are incomplete, probably because of this new exchange
for me IDEX is one of the best decentralized exchanges that we have with huge liquidity and safety features. You can easily withdraw your funds without any hassle or waiting for KYC.

IDEX announced recently they're launching KYC soon. They're becoming increasingly less decentralized. Look into platforms like Blocknet... it's a bit more work to setup but there's zero interference from third parties.
moynul2050
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November 05, 2018, 01:24:25 PM
 #222

I think yes ,,, I believe IDEX is one of the legit exchanges. during the use of idex I have never encountered any problems, but the coins available on their exchange list are incomplete, probably because of this new exchange
for me IDEX is one of the best decentralized exchanges that we have with huge liquidity and safety features. You can easily withdraw your funds without any hassle or waiting for KYC.

IDEX announced recently they're launching KYC soon. They're becoming increasingly less decentralized. Look into platforms like Blocknet... it's a bit more work to setup but there's zero interference from third parties.
I was surprised by this statement, if it was true I was very disappointed.
hope there are no new rules, especially KYC I'm worried about data security.
contactmike1
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November 06, 2018, 10:35:31 AM
 #223

It is legit, but unfortunately they have announced KYC recently.
This measure makes them centralised and it is a big disappointment for me.
I thought idex is semi-decentralized.
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November 06, 2018, 12:40:07 PM
 #224

IDEX is a exchange I like and use, as well as the support of the ledger nano s makes it easy for me. I don't use IDEX anymore if the KYC is mandatory
kidoseagle0312
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November 06, 2018, 02:06:48 PM
 #225

Idex works like etherdelta ,you must use privkey.

If IDEX works like Etherdelta, it means you need to give your private key and Ethereum wallet address too I think not. In short, its a good exchange and its a kind of decentralized platform. Now, if you want your coins to be safe and away from the hackers too you must use Metamask for this matter anyway using Chrome browser.
BoxerRobert
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November 07, 2018, 03:42:58 AM
 #226

Yes IDEX is legit exchange lot coin and token trade in that exchange . High trading volume also there and one more point it is de centralized exchange . when compare to centralized this kind of exchanges is too good.
asus09
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November 07, 2018, 07:28:17 AM
 #227

Hi guys. I would like to buy some CRPT tokens from IDEX, but I am not sure how legit it is. Do you have any experience with this decentralized Exchange? Thank you


at present most tokens are just starting to trade on IDEX, yes I think it's better than ethedelta, almost similar to entering private keys but IDEX is safer

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November 07, 2018, 12:12:33 PM
 #228

Yes it is legit and i have already traded one of my cryptos assets there. It's just like the famous Etherdelta before and it also ask your private key before you can start trading. So what i did is that i transfer first the token that i wanted to trade into a new wallet so that whatever happens, it's only the crypto on that new wallet will be in jeopardy and not my whole crypto assets.

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December 23, 2018, 10:49:41 AM
 #229

IDEX exchange is very legit, I've traded there and it's very fast. But make sure you check the URL correctly and don't use the pishing site using the IDEX name.

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December 25, 2018, 04:26:30 PM
 #230

I have used this exchange 10 to 15 times, I have soled and purchased many currencies. You can use this exchange without any tension. This exchange is useful when you are an ETH lover. If yes then it is very easy to trade on IDEX with your tokens and other altcoins.
Furious 7
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December 26, 2018, 10:06:15 AM
 #231

so far there have been no problems with ideas even I have not found any difficulties.
only the trading volume is still small and the gass to make deposits and wd I think is expensive.

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btcyoda
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December 26, 2018, 11:38:29 AM
 #232

Hi guys. I would like to buy some CRPT tokens from IDEX, but I am not sure how legit it is. Do you have any experience with this decentralized Exchange? Thank you

IDEX is one of the decentralized exchange, now if you are really decided to use this platform I suggest you to install Metamask first to avoid

hackers from the extension of chrome. You need to have a balance Ethereum on your metamask first before you can use the platform of IDEX.

I have been using IDEX for more than a year and i never faced any problem with the IDEX exchange and recently they announced from January 8th they are going to allowing Staking the Aurora coins. Which they will share the coins to holders by the end of the months based on the amount they raised through trading.
kidoseagle0312
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December 26, 2018, 05:45:00 PM
 #233

In terms of Decentralization exchange IDEX is one of the legit and good exchange platform site.
And its not bad at all about its volume at the coinmarketcap, besides there are also have a lot of traders are now
using it their platform.
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December 26, 2018, 11:50:21 PM
 #234

IDEX is a very legitimate exchange with a high volume, with easy and fast transactions, I also often trade on ideas to sell and buy.

terrific
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December 27, 2018, 03:57:51 AM
 #235

IDEX is a very legitimate exchange with a high volume, with easy and fast transactions, I also often trade on ideas to sell and buy.
It is legit and very popular exchange.
Big volume there and I like trading there.
It's very quick and easy so its a very recommended exchange.

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btcmegastar
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December 27, 2018, 05:11:35 AM
 #236

IDEX is a very legitimate exchange with a high volume, with easy and fast transactions, I also often trade on ideas to sell and buy.
It is legit and very popular exchange.
Big volume there and I like trading there.
It's very quick and easy so its a very recommended exchange.

Yes, you are right the transaction speed for execution of sell order and buy order are very fast in Idex exchange. Even when i placed any withdrawal within the time limit they will send the withdrawal based on the confirmations we get through ETH blockchain.
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December 27, 2018, 09:18:47 AM
 #237

I think yes ,,, I believe IDEX is one of the legit exchanges. during the use of idex I have never encountered any problems, but the coins available on their exchange list are incomplete, probably because of this new exchange
for me IDEX is one of the best decentralized exchanges that we have with huge liquidity and safety features. You can easily withdraw your funds without any hassle or waiting for KYC.

IDEX announced recently they're launching KYC soon. They're becoming increasingly less decentralized. Look into platforms like Blocknet... it's a bit more work to setup but there's zero interference from third parties.

If KYC gets implemented so it will mean that less people would be trading on such exchanges as people would not like to share the KYC details to unknown or less familiar exchange. I think this exchange could get impacted a lot if people start moving away from this exchange on account of KYC compulsion.

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thunderbitz2717
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December 27, 2018, 05:36:18 PM
 #238

IDEX is one of the good decentralized exchange so far compare to Fork and etherdelta, because that way I used this decentralized exchange it always gave me a full satisfaction while doing trade to their trading platform. Just always remember to keep your private key and password you have in IDEX.
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December 28, 2018, 06:12:52 AM
 #239

IDEX is a very legitimate exchange with a high volume, with easy and fast transactions, I also often trade on ideas to sell and buy.
It is legit and very popular exchange.
Big volume there and I like trading there.
It's very quick and easy so its a very recommended exchange.

Yes, you are right the transaction speed for execution of sell order and buy order are very fast in Idex exchange. Even when i placed any withdrawal within the time limit they will send the withdrawal based on the confirmations we get through ETH blockchain.
There's no single problem that I went with idex.
I'd love to use them again and again as long as the coins that I'm investing will be there.
IDEX is a good choice of exchange.

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December 28, 2018, 06:17:33 PM
 #240

yes it is legit and working , you just need to be careful that you are not one of the banned countries by that website when you use that , and be careful about some shitcoins in it .

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