What is the easiest DEX to use?

[Ibizugbe1]

I have traded on EtherDelta, ForkDelta, other one I can't remember its name, Idex is the best and easiest for me, I only need to make deposit using the ethereum network fee, and after that, I make withdrawal, but the bottle neck with Idex is that it operates on 0.15ETH maker and 0.05ETH taker, which way, if one has less 0.15ETH, one can't place an order and log out.

[aprilnot]

for me the easiest to use is IDEX and forkdelta. both are very easy to use and may have the highest trading volume compared to the other DEX. and if later Binance DEX is released, maybe he will become the biggest DEX ever.

[premiumproductss]

I am not used Binance DEX since now, even I do not know if you can trade only tokens based on Binance chain?
But for ERC-20 token the most easiest one is IDEX.market exchange.

[republicrypto]

crypto-bridge is good enough to trade all kind of cryptocurrency
but for ethereum tokens maybe fork delta and IDEX can be a good options
regards

[valuater]

in my opinion for the dex market erc20 token which is easy to use is forkdelta and idex, for waves of course dex waves are the easiest, and for cryptobridge bts is an easy one, and last EOS I think dexeos and newdex

[deodivine1]

My most favorite decentralized exchange is IDEX. I really like the UI and swiftness compared to others like etherdelta. Forkdelta, a fork of Etherdelta, is also fair, although I don't use it most times unless I want to trade a token which has been listed unofficially  using its smart contract.

[tabas]

I'm still thinking if I'm going to trying out Binance DEX or not.

I am using idex from the day it’s launched i feel it’s very good exchange . Yes there is minimum trading requirements for makers and takers as like we can’t trade very small amount used be in etherdelta . Binance dex still I don’t have proper idea .

I have used IDEX and it's good as before people are probably forgetting about this DEX.

[Ben Shedly]

I hear Binance is bringing one online but was wondering about the KYC that it would require.
In General, it seems that the advantage of a DEX is the lack of KYC although maybe that will be changing.
The fundamental problem that people have brought up is the fact that setting up a DEX for their coin seems to be hard.
Are there simple ones out there?

I use in trading only three decentralized exchanges that I trust and which I constantly trade. These are the Ether Delta, Fork Delta and IDEX exchanges. The only pity is that they have very small trading volumes.

[DoublerHunter]

I'm still thinking if I'm going to trying out Binance DEX or not.

I am using idex from the day it’s launched i feel it’s very good exchange . Yes there is minimum trading requirements for makers and takers as like we can’t trade very small amount used be in etherdelta . Binance dex still I don’t have proper idea .

I have used IDEX and it's good as before people are probably forgetting about this DEX.

There's nothing wrong in Binance DEX, I used that exchange for almost a year and now, so far I didn't encounter of any trouble when having withdrawals and deposits on that exchange.

IDEX also is a very easy platform to use, very cool UI that makes your eyes harmless because it is dark mode. Of course, these DEX exchange required a huge amount before you can withdraw.

[Ayobami99]

Well,  there have been a lot of comments passed on Binance dex being overly demanding and unnecessary requirements since everyone know how dexes operate. Take a look at Ethereum based dex like forkdelta, etherdelta and idex.... These do not require kyc since all funds are at the control of traders at ALL times. I actually don't seem to understand why binance have to be different with kyc. Kyc matters is even lighter, have anyone seen the the listing fees and requirements for any project that wishes to list?...

[bhabygrim]

When it comes to DEX I only use EtherDelta,ForkDelta and IDex.
I only use those since I only trade Erc20 tokens right now I mever use any other DEX from other crypto.

[rahmatullah9305]

I recommend using forkdelta and etherdelta, seeing from exchange exchanges is extraordinarily good and can be used by special bitcoiners to exchange coins or tokens in the form of Altcoin, read from the preparation process and easy access to forkdelta is better and more widely used.

[SirLancelot]

I hear Binance is bringing one online but was wondering about the KYC that it would require.
In General, it seems that the advantage of a DEX is the lack of KYC although maybe that will be changing.
The fundamental problem that people have brought up is the fact that setting up a DEX for their coin seems to be hard.
Are there simple ones out there?

If KYC is needed to trade on a DEX then the truth is that it is no longer a DEX anymore, a decentralized exchange should be one that cannot be controlled even by those who created it, changes should be made based on consensus and not the decision of the creator anymore, also all the coins would not be on the exchanges but rather in the wallet of those who trade on this exchange so I don't see any need for any kind of KYC whatsoever, I believe they would be smart enough not to include it.

[anobtc]

I hear Binance is bringing one online but was wondering about the KYC that it would require.
In General, it seems that the advantage of a DEX is the lack of KYC although maybe that will be changing.
The fundamental problem that people have brought up is the fact that setting up a DEX for their coin seems to be hard.
Are there simple ones out there?

I think the problem with DEX is currently cross-chain transaction. For example with DEX exchanges like Fork delta, IDEX, you can only trade with the ERC20 token on the ETH platform, similar to Binance DEX only allowing token trading on Binance Chain.
The advantage of DEX is that you still manage your wallet, trading through smart contracts, so it's safer than other centralized exchanges. And DEX does not ask KYC as you say. And for your question, IDEX is still the best choice with friendly UI and good volume.

[zgrdyg]

Stellar dex is crazy easy to use.

Just click the token you have and you are ready to go.

Others aren't that hard but stellar's is crazy easy.

[bittraffic]

I haven't use Binance DEX but I have the main CEX and submitted KYC to them. If we have accounts there, does it mean we do automatically have account to the DEX too?

If the DEX doesn't ask for KYC, I guess I can create a new account there and trade my altcoins. Good way to at least become anonymous still.

[Febo]

I never use Binance DEX platform. But I am using Etherdelta & ForkDelta for my Ethereum tokens. And it is so easy and safe for me. If you can use Metamask it is super easy.

There is nothing decentralized with Binance. And Etherdelta trade only ethereum tokens and not crypto currencies as BisQ. That is a huge difference.

[ParabellumLite]

I never use Binance DEX platform. But I am using Etherdelta & ForkDelta for my Ethereum tokens. And it is so easy and safe for me. If you can use Metamask it is super easy.

There is nothing decentralized with Binance. And Etherdelta trade only ethereum tokens and not crypto currencies as BisQ. That is a huge difference.

Binance DEX has an unfocused feature that previously CEO CZ said that posting on DEX will be censored. To be able to create a healthy and safe trading environment for investors

[chocopapaya]

Dexs don't have kyc and I'm pretty sure binance won't have it either.
If it does, that is just self sabotaging.

I feel IDEX is the easiest to use although it's only for erc20 tokens.
You can use your private key, ledger, or create a new address directly on the exchange.
Since dex's are basically addresses interacting directly with each other, its typically very fast and easy to use.

So I am wondering how binance is going to work.
IDEX is so fast and easy because it is all on the ethereum blockchain.
Are they going to use crosschain solutions or something?
Whatever the case, once you use a dex you will never go back to a centralized exchange ever again.

[Fedrey]

I hear Binance is bringing one online but was wondering about the KYC that it would require.
In General, it seems that the advantage of a DEX is the lack of KYC although maybe that will be changing.
The fundamental problem that people have brought up is the fact that setting up a DEX for their coin seems to be hard.
Are there simple ones out there?

I think the problem with DEX is currently cross-chain transaction. For example with DEX exchanges like Fork delta, IDEX, you can only trade with the ERC20 token on the ETH platform, similar to Binance DEX only allowing token trading on Binance Chain.
The advantage of DEX is that you still manage your wallet, trading through smart contracts, so it's safer than other centralized exchanges. And DEX does not ask KYC as you say. And for your question, IDEX is still the best choice with friendly UI and good volume.

It seems to me that you have listed all the advantages, advantages and negative aspects of DEX trading platforms.  But nevertheless, I believe that each user of cryptocurrency will have their preference, because not everyone has difficulties with providing KYC, and also not all. Everyone prefers to trade in other trading pairs, except token / Ethereum.