Which is the best DECENTRALIZED exchange?

[sell my ac_________nt]

IDEX - a good decentralized exchange, with a user-friendly interface and in my opinion the largest trading volumes among decentralized exchanges. There is also forkdelta, but I never use it.

[CryptopreneurBrainboss]

Hi All,

I am looking for suggestions to which decentralized exchange to use. I am not a fan of centralized exchanges, so help me out here.
Many thanks in advance.

I will recommend IDEX because it looks more mature than most decentralized exchange I see out there. And when it comes to token listing you can find less shitcoins on its exchange than other decentralized exchange because it's way easier to list on those exchange than idex. Also idex has a minimum taker and maker sell/buy order which bring more volume to most  coins listed in the platform.

[MsBella_120799]

 There is a hate thread for IDEX tho...very rare, just for some ShitCoins to trade with no other exchanges...

[onebtcforlife]

For me, IDEX is one of the best-decentralised exchange where we can trade the coins easily without any delay in the transaction. Already i am trading there for more than 6 months now and never faced any problem with this decentralised exchange.

[slaman29]

There is a hate thread for IDEX tho...very rare, just for some ShitCoins to trade with no other exchanges...

Well, to be fair, there's a hate thread for every exchange, even exchanges that only does trade with non-Shitcoins like Coinbase but then Bitcoin Cash is a shitcoin too, so really, the only exchanges that don't trade shitcoins deal only in Bitcoin haha.

But back to seriousness, if you want a decentralized exchange, then be prepared for everything including and especially shitcoins. A true dex means any coin can be traded, that's the whole point of a dex, freedom of choice, no control or decisions taken by any centralized parties.

[julerz12]

There is a hate thread for IDEX tho...very rare, just for some ShitCoins to trade with no other exchanges...

Well, to be fair, there's a hate thread for every exchange, even exchanges that only does trade with non-Shitcoins like Coinbase but then Bitcoin Cash is a shitcoin too, so really, the only exchanges that don't trade shitcoins deal only in Bitcoin haha.

But back to seriousness, if you want a decentralized exchange, then be prepared for everything including and especially shitcoins. A true dex means any coin can be traded, that's the whole point of a dex, freedom of choice, no control or decisions taken by any centralized parties.

Completely agree. It's a feature that either a good thing or a bad thing depending on how it was utilized. It is great in a way that there are no listing fees, no middleman, and everyone can basically trade any token (since most DEX nowadays is only for Ethereum Based Projects) to anybody; But, Sadly, most scam ICO's tend to promise on getting listed on DEX exchanges nowadays just to lure in investors. This type of scheme is what is tainting this great feature of decentralized exchanges.

[Agamatal123]

Index, hobbit they are the best decentralized exchange with a good future in trading platform. They were fast and legit .

[terrific]

Index, hobbit they are the best decentralized exchange with a good future in trading platform. They were fast and legit .

Hobbit? bithobbit? or hotbit? if you are saying its hobbit their website is on maintainance.
Never used those exchange but I guess the best decentralized exchange depends on our experience.
Some are having issues and problems with the exchange they used but others don't.

[nniecan001]

https://coinsutra.com/best-decentralized-exchanges-dex/

On that article, the Idex decentralized exchange is the top one. But some of tokens their are ignore by the community, for example the beeasy token "etkn". If that is the most famous or the best, why some tokens are ignore even if its the first time to be listed on there, what I mean is newly created token. Please enlighten me for a good reason, sorry for being noob.

[Heart18]

Hi All,

I am looking for suggestions to which decentralized exchange to use. I am not a fan of centralized exchanges, so help me out here.
Many thanks in advance.

   Based on my experience IDEX is the best decentralized exchange i used. I didn't encounter any problem so far regarding deposit and withdrawal. Easy to use it and fast transaction with low transaction fees. Next is Forkdelta,it is also easy to use and fast withdrawal.

[pedangrusak]

decentralized exchange which I often use when selling tokens from airdrop and bounty are etherdelta, forkdelta and IDEX. from the 3 exchanges have advantages and disadvantages of each, such as IDEX with exchanges that are faster than others but have a higher withdrawal fee, as low as forkdelta fees but selling there is relatively longer

[entrepmind23]

decentralized exchange which I often use when selling tokens from airdrop and bounty are etherdelta, forkdelta and IDEX. from the 3 exchanges have advantages and disadvantages of each, such as IDEX with exchanges that are faster than others but have a higher withdrawal fee, as low as forkdelta fees but selling there is relatively longer

Basically, etherdelta and forkdelta is just the same. I agree that these two exchanges sometimes took a long time to conduct transactions than IDEX but the advantage is that it has lower fee and most if not all ERC-20 tokens are listed there as long as the team allowed their transactions in there unlike in IDEX that needs to be listed there first before you can exchange your coins.

If I will choose between the three, I would choose IDEX because I like their interface and they have a good chart base on trading view if you want to do some technical analysis. They also have a warning prompt every time you do transactions which is an advantage over those two that would immediately conduct transactions after you click buy/sell.

[nocryinginbtc]

They all need to share order books to solve volume problem. The centralized exchanges would lose ground. Will be interesting to see finance decentralized exchange  in pre beta now.

[hunnykaushal]

Best decentralized exchange is yet to come i think and that will replace Binance and all other centralized exchanges soon. I am waiting for that type of exchange

[h0lybyte]

I don't think there would be any decentralized crypto currency exchanges in the market anymore.
If by the way you can find one, that might not be popular among traders and obviously such exchanges have very less trading volume because people often like to trade on centralized exchanges

[ashaksagnis]

I've used both the etherdelta, forkdelta, idex and I can say that I liked idex better. The problem that I did not like on idex was the frequent maintenance, a couple of months ago it happened often. Idex has a good interface and transactions are also pretty fast , so i choose idex.  

[MGBloomz]

It's good to see more people are choosing to use decentralized exchange. I have also been using decentralized exchanges for a while and can share three of them based on my personal experience.

1.EtherDelta or ForkDelta: I think they are the oldest. People sell their altcoins received from airdrops here, because there are so many pairs to trade. lol

2.IDEX: Probably now the most popular one. The order matching mechanism is improved which is the pain point of many other decentralized exchanges. While the trading fees are sometimes more expensive.

3.JOYSO: A newcomer. It also uses improved order matching mechanism and the trading fees are lower. However, many pairs still don't have volume because there aren't many users.

I will agree with those decentralize exchanges and the most convenient for me is the IDEX as you only need your private key or keystore to access your funds with user friendly interface.

[sergiorus]

I don't consider IDEX as a 'truly' decentralized exchange. You can't trade any token that isn't listed on there meanwhile you can trade any erc20 token on Forkdelta. So I think Forkdelta is the best one for now

[Fritz93]

I almost always use one decentralized exchange - this is forkdelta. The exchange is very easy to use, everything is clear, and I have never had any problems with selling / buying coins

[andigentho]

If you are looking for a decentralized exchange there are many, but I recommend this:
1. Forkdelta
2. Etherdelta
3. Idex

I use Etherdelta most often because there are changes there, I moved to forkdelta. Please try. Good luck