Decentralized Exchanges

[TastyChillySauce00]

Great work. This list is very helpful. I've read recently that the real profit from 0x exchange (only their comission) is very small, almost over 3000$. Also Binance will open their dex platform for all users soon.

Dex exchanges tend to have really small profit but the exchanges requires little resource anyway. No need to provide customer support or anything, just provide the website andnthe server and the community will automatically trade bu themselves.

[Raizou]

It's a good introductory thread on DEXs, but in relation to lack of liquidity, centralized exchanges had the same problem in the beginning! I remember that Bittrex was not much until the middle of the year 2017, for example and we do not yet have 100% versions of DEXs, maybe this is the reason for lack of liquidity, CryptoBridge for example, will have a gateway federation, when this happens, the whole concept of lack of liquidity will disappear.

[masterzino]

I'm always using DEX when it's possible because of the exchange model.
The problem is that most of the DEX in your list have no volume at all and are useless. I think we will need to wait for another year or two until wee see a really useful DEX, line when Binance or other of the Big names start their on DEX.

[Luvr1000]

I use several decentralized exchanges but... in my experience, such exchanges are most often subject to hacking, despite this, I have a favorite exchange IDEX I almost always use this exchange because it is very convenient. but today such exchanges have many disadvantages. and developers need to work on it.

[heritage35]

This is one of the best threads I have ever come across. Thanks to the author for a meaningful post like this.
I did not know there are so much decentralized exchanges as this, not until I came across this thread. Although, there might not yet be much awareness and volume on them, but the more people get to know about them, the more their popularity.
They are of very much importance, most especially now that we are getting news of centralized exchanges being hacked and funds being stolen, just like the case of cryptopia.

[Kolikalex55]

You did a very good job on the article, thank you. I believe that all new technologies are useful in different areas where they are used. As I like decentralized exchange, especially I was attracted to the exchange Binance , and as you know it is one of the main exchanges in our time.

[Yankeeruinx]

Stakenet DX will be a DEX to keep an eye on that is coming very soon. The DEX will utilise their Lightning Swap technology for instant order fulfilment. This give it the speed of a centralised exchange with the safety of a DEX by keeping your assets in your wallet under your control at all times right up until the moment the trade is completed.  

It will run directly from their new Multicurrency Light Wallet which that itself is pretty interesting. With the new wallet their Masternode network will hold all of the relevant blockchains so the wallet does not need too. This makes it lightweight and fast as it doesn't have to download and sync loads of data so can be used from any device including mobile. It signs transaction via Lightning Invoices.

Their DEX will also be entirely hosted by their MN network which currently has nearly 2000 nodes. All fee's generated by the DEX are also paid back to the MN holders for an additional income stream giving holders incentive to run the DEX. Frank Amato is working with them on the design and features to ensure it is fully featured with everything you would expect from an exchange and some features that have not yet been done before on a crypto exchange.

The cool thing about the DEX is that it is part of their plans for cross-chain payments via Lightning Swaps to enable instant payments using any crypto to any retailer where BTC is accepted. So if a shop accepts BTC you can now pay using LTC, ETH or your favourite crypto and it will be instantly converted to BTC for the retailer via a Lightning Swap facilitated by the DEX.

Their plans include utilising stablecoins like USDC for retailer adoption as a trusted stable coin has a much higher chance of adoption because it is not as volatile as something like BTC so more likely for retailers to accept it. So using the above example you can go into a shop and it comes to $10 you can pay using any crypto and that is instantly converted to $10 USDC for the retailer via the Lightning Swap. USD is pretty much accepted worldwide especially in developing nations but it can be hard to get hold of and can be expensive to move. Utilising something like USDC removes this barrier as it can be moved quickly and easily.

The Lightning Swap tech is complete and they already have it running on mainnet so anyone can try it but it's a bit techy so they have been condensing all that backend work into a simple "one click" solution for the new wallet so it is simple for everyone to use. They recently collaborated with the Litecoin Foundation to bring Litecoin up to speed on Lightning Network as well.

Here is a good article about the wallet/DEX:

https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105

[Bonwin]

Stakenet DX will be a DEX to keep an eye on that is coming very soon. The DEX will utilise their Lightning Swap technology for instant order fulfilment. This give it the speed of a centralised exchange with the safety of a DEX by keeping your assets in your wallet under your control at all times right up until the moment the trade is completed.  

It will run directly from their new Multicurrency Light Wallet which that itself is pretty interesting. With the new wallet their Masternode network will hold all of the relevant blockchains so the wallet does not need too. This makes it lightweight and fast as it doesn't have to download and sync loads of data so can be used from any device including mobile. It signs transaction via Lightning Invoices.

Their DEX will also be entirely hosted by their MN network which currently has nearly 2000 nodes. All fee's generated by the DEX are also paid back to the MN holders for an additional income stream giving holders incentive to run the DEX. Frank Amato is working with them on the design and features to ensure it is fully featured with everything you would expect from an exchange and some features that have not yet been done before on a crypto exchange.

The cool thing about the DEX is that it is part of their plans for cross-chain payments via Lightning Swaps to enable instant payments using any crypto to any retailer where BTC is accepted. So if a shop accepts BTC you can now pay using LTC, ETH or your favourite crypto and it will be instantly converted to BTC for the retailer via a Lightning Swap facilitated by the DEX.

Their plans include utilising stablecoins like USDC for retailer adoption as a trusted stable coin has a much higher chance of adoption because it is not as volatile as something like BTC so more likely for retailers to accept it. So using the above example you can go into a shop and it comes to $10 you can pay using any crypto and that is instantly converted to $10 USDC for the retailer via the Lightning Swap. USD is pretty much accepted worldwide especially in developing nations but it can be hard to get hold of and can be expensive to move. Utilising something like USDC removes this barrier as it can be moved quickly and easily.

The Lightning Swap tech is complete and they already have it running on mainnet so anyone can try it but it's a bit techy so they have been condensing all that backend work into a simple "one click" solution for the new wallet so it is simple for everyone to use. They recently collaborated with the Litecoin Foundation to bring Litecoin up to speed on Lightning Network as well.

Here is a good article about the wallet/DEX:

https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105

It is good to have a DEX having these features. TPS is one of the qualities traders and investors look out for when investing or using any coin or exchange.
I am looking forward to its lunch and will look into it for those features. After which I will update it on the list.

The problem is that most of the DEX in your list have no volume at all and are useless. I think we will need to wait for another year or two until wee see a really useful DEX, line when Binance or other of the Big names start their on DEX.

This is more reason they needed a lot of awarenesses and trust. So many centralizer exchanges started with no or low volume, even the ones we see as being big today.

[Reid]

Merits for the effort into compiling all of these.

I did not know there is that much decentralized exchange by now.
There is one problem though, most of them do not have the volume.
Selling and buying are mostly done now with those popular exchanges. Most of them are centralized.

So who will put those decentralized exchange back in the frontlines. We can, but are we really going to put that effort to make them known?
I just know IDEX, Etherdelta and Waves.

[SwiggHeart]

Merits for the effort into compiling all of these.

I did not know there is that much decentralized exchange by now.
There is one problem though, most of them do not have the volume.
Selling and buying are mostly done now with those popular exchanges. Most of them are centralized.

So who will put those decentralized exchange back in the frontlines. We can, but are we really going to put that effort to make them known?
I just know IDEX, Etherdelta and Waves.

Yeah, I just know idex etherdelta waves and bancor. Didn't expect that decentralized exchange is so many had released and published.

[tamango]

Man you really did an awesome job! I will take a look at some new DEX because I know only most known ones but I don't really use them because in most of cases liquidity is too low and bid ask spread is too big.

[Saisher]

I agree that they are not popular when they should be because we are in a decentralized industry and we are promoting decentralization, but because of the so many hacking on these centralized exchanges, people should promote DEX awareness, when I was a newbie I have a hard time , but only took me hours to get myself familiar.

[ryap12]

Wow! This is really helpful! I only know a few of the decentralized exchanges. I know there are more than hundreds out there including other languages from other countries. Hope this gets updated as new decentralized exchanges are discovered or introduced. I will be bookmarking the link.

[waitforme]

Decentralized exchanges are increasingly attracting investors because most after the end of ICO developers are easy to list their tokens on these platforms. This is also one of the forms selected by many developers. Although decentralized floors have low liquidity, this is also a good environment for spending to buy Altcoin at meager prices.

[sherenikaw]

So far I only know some decentralized exchanges, especially the most popular one of the one that I have must registered because of the coins on the exchange. This is an awesome list of the DEX. Well, I think that when we are looking at this review, we are aware that today, there are many exchanges both dex and cex. Crypto world is very progressing.

[Ini35]

The author has really made an impact on this forum with this thread that has been creating. I am still trying to imagine that, there are as many DEXes as this.
We truly need this awareness and its high time they are now promoted, because they seem to be the safest, most especially those that have been tested and have been in existence for quite some time.

[sertans]

Thanks for more information about decentralized exchanges. I generally use .waves dex and steallar port. These exchanges are also good for new comers. You do not need to check your orders every minute.It has advantages and disadvantages Because generally volume of the decentralized exchanges relatively lower then centralized exchanges sometimes it take days to fill your orders.On the other hand you have chance to get better profits.

[trash321]

Exchanges that today call themselves decentralized may in any case be centralized as well. Maybe it will be possible to make it so that today there is a sense to really increase the level of trust in decentralized exchanges? What do you think?

[jrrsparkles]

So far I only know some decentralized exchanges, especially the most popular one of the one that I have must registered because of the coins on the exchange. This is an awesome list of the DEX. Well, I think that when we are looking at this review, we are aware that today, there are many exchanges both dex and cex. Crypto world is very progressing.

There are thousands of crypto currency exchange platforms were available but you need to research about the trading site if you want to start trading on it.Most of the DEXs don't have much usrs now to make the trades with the traders desire but it is best when we are giving priority to the security of our funds.

[electronicash]

the list goes on and on. I never heard of the rest because the only I've tried are the ones being discussed here like forkdelta and etherdelta. decentralized exchange however aren't friendly enough, it took me hours to finally learn how it works. non o the two that i've tried loads fast, both took time. but yes, they say dexes what is going to be used for safer trading.