Decentralized Exchanges

[Freny250]

Decentralized exchange are good in terms of security ae each users will have full and total control of his funds and portfolio. Unlike the centralised exchange where all customers funds are placed in a single wallet and prone to hack

[Adunni6758]

I still do not quite understand why traders and users of the cryptocurrency world do not use decentralized exchanges today. I think that today you just do not quite correctly understand that it is better to use them to weaken the manipulation in the markets.

I formerly was not thinking in the direction of market manipulators. It can be very hard and frustrating to manipulate on DEX and if it is truly happening, it is a rare case, which is not as much as what could be obtainable on CEX. The understanding of the advantages with the use of DEX will be possible, but time is an important factor.

[mrkavasaki]

Decentralized exchange are good in terms of security ae each users will have full and total control of his funds and portfolio. Unlike the centralised exchange where all customers funds are placed in a single wallet and prone to hack

I'm not sure if my wallet is logged with private key on decentralized exchange, they can record that password. Because if it is, I can easily be hacked

[Psynthax]

Decentralized exchange are good in terms of security ae each users will have full and total control of his funds and portfolio. Unlike the centralised exchange where all customers funds are placed in a single wallet and prone to hack

I'm not sure if my wallet is logged with private key on decentralized exchange, they can record that password. Because if it is, I can easily be hacked

As long as you you will never try to visit any suspicious site and you will be fine. How the hacker able to infect your PC or desktop if you are not even visiting any suspicious site before?
It seems like that we must put the security of our desktop as priority to prevent it.

[2tang]

There are actually quite a number of exchanges listed here, but one need to be wary of the seemingly unknown ones as they can possibly shut down anytime and even disappear with peoples funds. Some may even possibly be easily hacked by the same developers.

it's better to register with a large exchanger that has been proven to be good and safe, even though the risk of hacking is still there but the large exchanger must have a good team that will always look for ways to keep their exchangers safe from the threat of hackers
actually without disappearing and bringing community funds they have made a big profit and profit that they can continue to flow is different from fraud which only gets a one-time chance to make a profit

[Osayo]

Wow, this is a very helpful and exhaustive list of all the decentralized exchanges. I doubt if you have left out anything here. I admire your great courage.

[kickdapa]

Such a great helpful post. I wish I can give you merit for making this wonderful thread, but I have no left any merit for now. Personally, I like Decentralized exchanges but I feel bad that these exchanges have a low volume considering the Centralized exchange. In Decentralized exchange trading is easy and making a profit is also easier, and hack issue also very low.

Personally, I love to trade in Forkdelta, IDEX, and Bancor.

[moonblocks]

Well done on publishing this comprehensive resource and some of these exchanges do have growing uses, but there's not much volume or liquidity in most of these markets yet and decentralized exchanges themselves are still a rather futuristic technology but hopefully these types of services will catch on further and become more widely adopted one day

[heritage35]

Such a great helpful post. I wish I can give you merit for making this wonderful thread, but I have no left any merit for now. Personally, I like Decentralized exchanges but I feel bad that these exchanges have a low volume considering the Centralized exchange. In Decentralized exchange trading is easy and making a profit is also easier, and hack issue also very low.

Personally, I love to trade in Forkdelta, IDEX, and Bancor.

There are some other DEXes that are constantly being promoted now, it is no longer the usual and normal practice where DEXes are left without being promoted and without much activities. Although, i have been using IDEX for quite some time now and i just discovered another with a growing volume, called Allbit, which the author has also included on his list. Promotions are very important and vital aspect of exchanges, whether decentralized or centralized.

[Bravext]

I love Decentralised exchanges mainly because I am a control freak and I love having control of my tokens at all times, decentralised exchanges helps with this because I can eat my cake and still have it, I can be trading and still be responsible for the safety of my assets.

[Chemcrier]

Decentralised exchanges are not really my thing especially those built in the Ethereum blockchain, when the network is slow, it would take hours for your transactions to be confirmed but I also dislike the fact that I have to pay transaction fee with ETH.

[Greeenmtn]

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

[Greeenmtn]

in General, they have great advantages in the fact that managers who leads these exchanges, as well as managers, just now a lot of deception divorced in the market, unfortunately there are people who are not conscientious, who are ready for different tricks, so in this case, such exchanges have great advantages

Leverj will be provably secure using fraud proofs. Do your own research. Learn more about fraud proofs at https://blog.leverj.io/gluon-plasma-security-9d422180ade9

[solarion]

Decentralised exchanges are not really my thing especially those built in the Ethereum blockchain, when the network is slow, it would take hours for your transactions to be confirmed but I also dislike the fact that I have to pay transaction fee with ETH.

Decentralized exchanges always superior than centralized exchange. The vast majority of the client endeavor to overlook KYC on the grounds that our archive isn't sheltered in other individual or organization. It's dependably continues stressing over whether they are utilizing awful things. Considering all angles it makes me feel more secure.

[Koobtcgal]

I never knew these were all classified under decentralized exchanges. A big applaud for the OP for helping me with this. I like decentralized exchanges for the reason being that the possibility to get affected when the exchange is hacked.

[949miner]

Base on your detail explanation, other cryptocurrency exchanges are not decentralized exchange platform? If they are not, then why do they classify themselves as being a decentralized platform? 

[shinratensei_]

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

The speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex

[motun01]

Decentralized exchanges have been the real backbone of the present crypto universe, they promote anonymity the power of decentralization and offers equal opportunity to all projects that require listing on exchanges.
IDEX is my favorite erc20 DEX, its site is relatively light, very responsive and the ethereum blockchain means it is also fast and secure.
This is my personal best of all the ERC 20 based decentralized exchanges

[xiboothrezi]

Very useful and very informative thread. If you add information about other types of exchange (centralization) it seems that it will be better The embedded links are also very useful, because I see most of these exchanges are often used as the first place for listing new tokens.

[Greeenmtn]

I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.

There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.

This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here https://www.leverj.io/education.html#videos

The speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex

Except the LEVERJ exchange is going to run on Gluon Plasma, a side chain that will allow high speed trading and a UX similar to centralized exchanges. And other advantages, think of being in control of your coins while trading without these hassles:

Gas fees for every trade
Gas fees for every cancel
Signing every order manually
Confirmations needed for orders to be accepted
Confirmations required for fill before you can exit a position
Front running by miners
Front running by exchange operators
System unresponsive when network is congested.

Bonus: Liquidity.....