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Author Topic: Best Decentralized Exchange out there?  (Read 393 times)
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October 05, 2018, 06:17:42 PM
 #21

I'm not using them, so, i doubt what a safe they are. Since i used private key every time i deposit the token on the exchange, i try not to use that wallet again. In addition they work very slowly.

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October 05, 2018, 07:10:36 PM
 #22

Etherdelta have successfully hosted decentralized exchange and trading platform for more than a year and several other Dex has sprung up.  Among the decentralized cryptocurrency exchange,  I think folkdelta is the best!

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October 05, 2018, 07:15:00 PM
 #23

If you are looking to trade cryptos with leverage Bitmex has always been the goto solution because they offer up to 100X leverage on perpetual contracts on Bitcoin.

Some issued with Bitmex are that they only take deposits in Bitcoin, are super complicated to use and their contracts on the alt coins expire like traditional futures.

I have seen a lot of news about a company that is about to Launch called Monfex. It looks like they will be offering leveraged perpetual contracts on over 10 coins and allow funding in USD and Euro in addition to Bitcoin.

Their advertising puts a lot of emphasis on simplicity. If they are easy to use, they are certainly worth a shot. Also there may be some potential arb opportunities with the financing rates between Bitmex and Monfex.
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October 05, 2018, 07:43:21 PM
 #24

To determine the best Decentralized exchange is not easy enough. For one thing, there are currently hundreds of decentralized exchanges out there and the number continues to grow. Also, different decentralized exchanges offer different features and may work differently. To evaluate it, you must consider many factors, such as security, ease of use, a speed of trade, trading volume, liquidity, the number of crypto assets that can be traded, etc. In my opinion, IDEX is decentralized exchange currently the most widely used. Therefore, maybe the best.
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October 05, 2018, 09:20:14 PM
 #25

To determine the best Decentralized exchange is not easy enough. For one thing, there are currently hundreds of decentralized exchanges out there and the number continues to grow. Also, different decentralized exchanges offer different features and may work differently. To evaluate it, you must consider many factors, such as security, ease of use, a speed of trade, trading volume, liquidity, the number of crypto assets that can be traded, etc. In my opinion, IDEX is decentralized exchange currently the most widely used. Therefore, maybe the best.
Hundreds? No, i dont see to have that number of DEX that do exist on the market today i do rather believe on centralized exchangers reaching out these numbers.IDEX do suits out my interest when it comes to using Dex
simple UI, isnt laggy and fast execution of actions or the simplicity.I do recommend or do like this one compare on the former Etherdelta or Forkdelta. Bancor.network is also a good option too.

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October 05, 2018, 09:28:59 PM
 #26

For now i choose IDEX, because it is different with another dex that i already tried ( Etherdelta, forkdelta) because we get easier when put buy/sell orders. Like an commonly market and we can sell it immediately.




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October 08, 2018, 12:47:38 PM
Merited by coinplus (4), KingdomHearts (1)
 #27

What's the best decentralized exchange in existence today? Is it Bitshares, CryptoBridge, or another DEX? I'm wondering about this since I want to trade in a DEX with the most liquidity and performance to exchange various cryptocurrencies. Last time, I've used EtherDelta DEX for exchanging some ERC-20 tokens back into Ethereum, but it was quite slow and unresponsive. This shows that DEXs are still in their very beginnings, as they can't scale to thousands of orders per second.

Nonetheless, which decentralized exchange do you think it's best? I would like to know your thoughts about this. Smiley
I do not trust decentralized exchanges. Where do they even make the money? Why do they even exists? I mean if a company tells me that its free I know that usually I am the product in that case. Nothing is free in this world and anytime I see the word free I am afraid.

If the word "decentralized" used properly that means there should be no trading fee since there is no centralized trading platform that requires money, if there are no fee's how the hell do they make their money. I do not trust any of them and specially not the ones that requires to be a chrome extension and be open constantly.

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October 08, 2018, 01:02:00 PM
 #28

I suggest you don't use it unless you have to. Because they work very slowly and I'm a little skeptical regarding to trust. IDEX is the one i use most, but i don't use the same address again after every visit to IDEX. In my opinion we should use centralized until decentralized exchanges are updated.
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October 08, 2018, 01:10:07 PM
 #29

If anybody ask me which Decentralized exchange is the best? My answer will be IDEX and Cryptobridge. This two exchange have very good trading volume daily and I'm using this two exchange.

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October 08, 2018, 01:44:18 PM
Merited by KingdomHearts (3)
 #30

In my opinion one of the good decentralized exchange is Waves Platform, in that exchange we can trade not only tokens based on waves blockchain but also others coin like BTC,  DASH,  ZEC etc.
Wave’s platform is just basically an exchange that permits trading waves token with most of the top coins and sure, it is good but not really that much in use to a large scale extent yet. It is still the same thing across board, and we really cannot tell how things would end up panning out in the long run with decentralized exchanges, but one thing for sure, is that things can still get better and we are not where we should be pertaining decentralized exchanges yet. For what it is worth, I will say the only Dex that I can even MANAGE to use right now is Idex, and even at that, sometimes, I still have my reservations.

I do not trust decentralized exchanges. Where do they even make the money? Why do they even exists? I mean if a company tells me that its free I know that usually I am the product in that case. Nothing is free in this world and anytime I see the word free I am afraid.
Be cool. When I traded last time with forkdelta decentralized exchange, I remember that I paid some exchange fee for my trade. If this is correct then this alone an enough way of income generation for a decentralized exchange. Maybe they do charge for listing a new coin/token. This must be the biggest way of income generation for exchanges now a days hence how it will be for a decentralized exchanges.

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October 08, 2018, 02:15:16 PM
 #31

In my counsel most decentralized exchanges are in the same situation, i think Etherdelta is the best decentralised exchange now in the market.because i still prefer it and i have really earn allot there.in my opinion Etherdelta is the most practical of all!
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October 08, 2018, 02:28:42 PM
 #32

What's the best decentralized exchange in existence today? Is it Bitshares, CryptoBridge, or another DEX? I'm wondering about this since I want to trade in a DEX with the most liquidity and performance to exchange various cryptocurrencies. Last time, I've used EtherDelta DEX for exchanging some ERC-20 tokens back into Ethereum, but it was quite slow and unresponsive. This shows that DEXs are still in their very beginnings, as they can't scale to thousands of orders per second.

Nonetheless, which decentralized exchange do you think it's best? I would like to know your thoughts about this. Smiley
I do not trust decentralized exchanges. Where do they even make the money? Why do they even exists? I mean if a company tells me that its free I know that usually I am the product in that case. Nothing is free in this world and anytime I see the word free I am afraid.

If the word "decentralized" used properly that means there should be no trading fee since there is no centralized trading platform that requires money, if there are no fee's how the hell do they make their money. I do not trust any of them and specially not the ones that requires to be a chrome extension and be open constantly.

Seems like you haven't used decentralized exchange once? You can see out some fees associated with making orders 0.1%-0.2% and that's how they do make money.
When we do talk decentralized it doesn't mean no one would able to make a site, there would be no such thing decentralized comes to trade without specific kyc procedures but we do know the
disadvatange over centralized.

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October 08, 2018, 08:45:03 PM
 #33

IDEX has zero listing fee, so most of new tokens get listed there directly after the token slae. It is fast and easy to deal with, but it lacks volume as all other DEX.



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October 08, 2018, 11:00:18 PM
 #34

IDEX has zero listing fee, so most of new tokens get listed there directly after the token slae. It is fast and easy to deal with, but it lacks volume as all other DEX.
IDEX is a friendly user also but you're right it have only low market volume and also there is no BTC pairs. If they added that pairs, it probably more traders will come along with that exchanges.

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October 08, 2018, 11:34:08 PM
 #35

I am using IDEX the most,  as I have lost confidence in EtherDelta and ForkDelta . IDEX has decent volume
and many listed coins I am looking for trading with.
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October 09, 2018, 11:21:59 AM
 #36

What's the best decentralized exchange in existence today? Is it Bitshares, CryptoBridge, or another DEX? I'm wondering about this since I want to trade in a DEX with the most liquidity and performance to exchange various cryptocurrencies. Last time, I've used EtherDelta DEX for exchanging some ERC-20 tokens back into Ethereum, but it was quite slow and unresponsive. This shows that DEXs are still in their very beginnings, as they can't scale to thousands of orders per second.

Nonetheless, which decentralized exchange do you think it's best? I would like to know your thoughts about this. Smiley
to me i think idex i my best decentralized exchange since the very first day i was introduce into cryptocurrency i got to know idex duo it has a minimum and maximum trade but i still prefer it because i have really earn allot there.
Honestly, as far as I am concerned, I won't say there is any best decentralized exchange out there. Few things are common with most of them, which are bad user interface as well as low liquidity and really, what is the point trying to expect something much from such. I feel we still have a long way to go with decentralized exchanges and even though I can still classify Idex not to be that bad, but I believe there is actually room for growth and the ability to be able to do more. I am still waiting direly to see what binance will end up coming with, maybe by then; I may start seeing something good with Dex.
rajsimran
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October 09, 2018, 01:15:21 PM
 #37

I used 3 Decentralized Exchanger but IDEX is better. Forkdelta is slow. when the name was etherdelta the site hacked so many times.so i recommended for you to use idex.but now i am not interested in Decentralized Exchanger because they want private key

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October 09, 2018, 06:49:41 PM
 #38

dax is idex? i like trading on idex because the volume there is large compared to others, why is it possible to trade because it's a young market so they still have to develop a server to be able to speed up transactions

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October 13, 2018, 11:34:14 AM
 #39

If anybody ask me which Decentralized exchange is the best? My answer will be IDEX and Cryptobridge. This two exchange have very good trading volume daily and I'm using this two exchange.
Binance and Bittrex are two highly rated exchanges which are the best choice of traders besides which there are few other exchanges out there but those exchanges have features different than Binance and Bittrex that make them our last choices. We choose the two best exchanges due to its simple use and large volume which are more familiar to users than that of other exchanges.
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October 13, 2018, 12:55:26 PM
 #40

I am still waiting direly to see what binance will end up coming with, maybe by then; I may start seeing something good with Dex.
I don't think it's going to be that groundbreaking. Most people are used to how Binance works right now. It's extremely responsive, trades settle instantly, and spreads are extremely tight.

Another benefit is that they don't seem to care about KYC and all that nonsense. In other words, even if Binance's DEX will work better than all the other ones out there, people will still use Binance's main exchange.

I can't even blame people for that with how little of them actually care about decentralization. Most people just want to trade without headache and Binance allows them to do exactly that.

DEXs will only gain traction when the centralized ecosystem has become entirely infected with the KYC virus. In other words, only when there is no other viable option left people will go for DEXs.

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