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Author Topic: Is Etherdelta still OK to use?  (Read 653 times)
Twinkledoe
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September 08, 2019, 07:41:51 PM
 #41

The last time I used Etherdelta was a few months ago, and it was safe to use (just you have to access with Metamask and don't import your private keys). But the volume of trading there seems nowadays very low, and it is almost replaced by Forkdelta and many other decentralized exchanges.

I was an etherdelta user a long time ago, but been months that I haven't used it to trade so I checked the current feedback from the users here if all are still ok with that exchange. Forkdelta and others might be the replacement of their services now as most of the listed coins has no trading activity anymore. One good thing here is that your funds are safe even if they suddenly disappear without you knowing they stopped their operations.
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September 09, 2019, 08:19:02 AM
 #42

The last time I used Etherdelta was a few months ago, and it was safe to use (just you have to access with Metamask and don't import your private keys). But the volume of trading there seems nowadays very low, and it is almost replaced by Forkdelta and many other decentralized exchanges.

I was an etherdelta user a long time ago, but been months that I haven't used it to trade so I checked the current feedback from the users here if all are still ok with that exchange. Forkdelta and others might be the replacement of their services now as most of the listed coins has no trading activity anymore. One good thing here is that your funds are safe even if they suddenly disappear without you knowing they stopped their operations.

The old problems of DEX (low liquidity) comes back to haunt Etherdelta. Add to it that ERC20 tokens are losing their charm and people are now moving to TRON and EOS among others, and we get the same problems we need to overcome. That you can't simply create liquidity out of thin air. Without organic support for the tokens, you'll just end up at Step 1 all over again when the hype dies down.

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rearwheels
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September 10, 2019, 09:04:21 PM
 #43

I have used it this summer. Trades were completed successful. Seems it is still safe and you own private keys from your wallets.
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September 10, 2019, 10:21:15 PM
 #44

The last time I used Etherdelta was a few months ago, and it was safe to use (just you have to access with Metamask and don't import your private keys). But the volume of trading there seems nowadays very low, and it is almost replaced by Forkdelta and many other decentralized exchanges.

I was an etherdelta user a long time ago, but been months that I haven't used it to trade so I checked the current feedback from the users here if all are still ok with that exchange. Forkdelta and others might be the replacement of their services now as most of the listed coins has no trading activity anymore. One good thing here is that your funds are safe even if they suddenly disappear without you knowing they stopped their operations.

The old problems of DEX (low liquidity) comes back to haunt Etherdelta. Add to it that ERC20 tokens are losing their charm and people are now moving to TRON and EOS among others, and we get the same problems we need to overcome. That you can't simply create liquidity out of thin air. Without organic support for the tokens, you'll just end up at Step 1 all over again when the hype dies down.
Didnt see that erc20 token supporters switch to TRON and EOS platform. Any source to this one or links that proves it out?
Ive been a user of etherdelta back to those erc20 glory days on past years where this one do had high liquidity and been commonly used as a dex
and after that new Dex pops out like idex and the fork of this platform itself forkdelta but its already late yet im sure that
most people are now focusing with BTC.

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September 11, 2019, 11:43:17 AM
 #45

I remember when my last time to use etherdelta to sell some of my tokens. I feel it's too confusing to use etherdelta because I don't know how to start after I transfer my token to that site. And the result of that is I get lost of my token, and I cannot recover the losses. And then I decide to move to the other dex site, and I choose to use idex.market and after that, I don't have any problem with that site. I see that some of us prefer to use etherdelta, but I think that it is too confusing for me.
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September 11, 2019, 11:55:20 AM
 #46

I think I haven't traded on Etherdelta for a long time, because now I also prefer to use a better exchange to trade my tokens, for me hitbtc and binance.
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September 11, 2019, 12:47:54 PM
 #47

I know there were different problems with the exchange in the past. Sometimes the site is down completely, other times it seems very slow.
Is it still safe to use?
Is this the official website? https://etherdelta.com

Honestly, for me etherdelta is okay it is because most of the coins listed to this platform are not potential were majority has low volume.
But I can't deny this exchange has been here for a years now, still there are lot of traders continued using it even the coins are not good, I don't know the reason why? Besides, there are lot of coins out there still better than this one.
djkyno
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September 13, 2019, 07:29:32 PM
 #48

I used Etheredelta a long time ago, and it was safe to use but the liquidity is very low, and I see many traders are quitting it to many other DEX exchanges, so the volume of trading is also not high there.  But it is still a helpful platform to exchange the shitty ERC20 tokens which aren't listed in any other exchanges.
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September 13, 2019, 11:50:38 PM
 #49

I think I haven't traded on Etherdelta for a long time, because now I also prefer to use a better exchange to trade my tokens, for me hitbtc and binance.
traded some of my tokens on etherdelta before and somehow nothing problem in withdrawal but im having a hard time trading my tokens cause its not a user friendly.

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