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Author Topic: The best Dex Exchange  (Read 1038 times)
X-ray
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September 06, 2019, 07:44:43 AM
 #41

IDEX is best for me.  idex and binance dex looks same, and work same but i can't say binance-dex is best, its not even second. because binance have a great power for bankrolling, they have huge size capital for invest and develop dex exchange. for this reason i can say IDEX for best for me.
Both are not decentralized exchange but these exchange are centralized that used decentralized as a gimmick to promote its centralized exchange site. To able trade in idex and  binance dex and you must already verified user and that means this verification is controlling by the team dude. I have erased idex and binance dex.
OP is talking about the opinion about volentix and it looks like you are missing it.
OP, since volentix exchange site is not yet even a alive and can we expect to determine how good that dex is?

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September 06, 2019, 08:11:26 AM
 #42

For the Ethereum ecosystem : IDEX and EtherDelta are very convenient to use and very good.

SwitchDex is good for the NEO ecosystem

BinanceDex is user intuitive

And the list continues depending on personal preference
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September 06, 2019, 09:31:19 AM
 #43

I have heard of volentix, but I have never tried DEX from volentix, because I am already comfortable using other DEX exchanges such as forkdelta, idex, and binance-dex, and for this time I will also try to learn about volentix, are they really feasible to use.
I prefer to use binance dex over other dex exchanges
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September 06, 2019, 09:53:13 AM
 #44

I'm holding out for Stakenet - currently at around 85% of the way to launch.

Why?

1.) Each Wallet is a Lightning node and their MN network acts like a massive LN payment processor (routing payments, acting as watchtowers)
2.) Native interoperability between a theoretically unlimited number of chains including ETH and EOS aside from LN native coins - no placeholders, no downloading individual chains.
3.) The DEX is embedded directly into a private wallet so you never have to send your coins to an exchange again.
4.) One click private lightning atomic swaps. Interchain swaps can be performed in seconds - allowing anyone to buy anything priced in BTC with a wide number of other coins.
5.) It will feature a DEX Aggregator that pools together the orderbooks from a number of other DEXs. A win-win for DEXs that aren't so easily accessible or have limited volume.
6.) No accounts, no KYC.

Last but not least...

7.) All you have to do is download the wallet and you have access to all of this. Setup is remarkably painless.
It will be completely free for anyone to use. You don't need any XSN to use it. Stakenet's MN layer hosts all the chains and performs all the jobs needed to run the DEX smoothly in the background.

Below is a screenshot from the beta showing off the "auto-pilot" feature that automatically creates a LN channel. In the pane on the left, you'll see an 'XSN' DEX tab. Grin
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September 06, 2019, 09:58:58 AM
 #45

I haven't had the opportunity to use all the decentralised exchange, but I've been privilege to use some of them like fork delta, IDEX, ddex and ether delta. From the few I've used, the best so far is IDEX. I find the user interphase very ease to understand and I didn't need any direction to trade on the platform.
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September 06, 2019, 10:00:12 AM
 #46

The most advanced one, I would even say DEX of DEXes is Volentix, have you heard of them?


No, I haven't heard of this exchange and I have to search it now to have an idea.
Not listed yet in coinmarketcap but it's already in https://coincodex.com/crypto/volentix/?period=7D...

Very impressive growth, and it has a great volume with almost $2 million, actually any decentralized that has at least a million of trading volume is already a good exchange, but since I just heard of this exchange, I can't comment if its volume are real since I know that some exchange are faking its volume.

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September 06, 2019, 10:29:25 AM
 #47

I know this project, they launched the ICO last year. It is not just a decentralized exchange, as the project introduces it is a digital asset ecosystem with many components such as DEX, wallet, data analysis.
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September 06, 2019, 11:40:06 AM
 #48

I never heard before about exchange you talking about. Why you think that it is best decentralized exchange? What benefits? Why it better than Binance DEX or Fork Delta? I will be glad to hear answers and to hear more about exchange you talking about.
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September 06, 2019, 11:45:22 AM
 #49

I was talking to several friends and i have noticed that today there is a trend towards Decentralized Exchange.And i was impressed with the most decentralized exchanges.
The most advanced one, I would even say DEX of DEXes is Volentix, have you heard of them?


I know this volentix as i participated on their bounty before.
As of now i can't tell any good on the project or their dex as there are no guaranty yet.
Time will tell if they will be, it will depend on the team on how they will grow it.
For now i will go to Binance-dex because of the trust of the people there.
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September 06, 2019, 12:02:34 PM
 #50

IDEX is best for me.  idex and binance dex looks same, and work same but i can't say binance-dex is best, its not even second. because binance have a great power for bankrolling, they have huge size capital for invest and develop dex exchange. for this reason i can say IDEX for best for me.
Idex is used by most people here and certainly any investor has used this exchange in the past because so many tokens are listed at Idex. I am an investor who has used this exchange for the past one year and the biggest advantage that exchange has is the absolute security for all customers. Although trading volume is still very low but I believe this is the best decentralized exchange in this market

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September 06, 2019, 01:38:30 PM
 #51

forkdelta, idex and binance-dex is a popular exchange , the new exchange we need to check because now a lot of scams

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September 06, 2019, 01:51:00 PM
 #52

The best one on my list is Changelly and i don't see any reason to change yet,Changelly is a famous DEX that will let you in a flash trade your coins or tokens without requiring any form of KYC. The best part is you don't need to realize who is on the opposite side and everything is done right away.Changelly is the thing that you need if you want speed crypto swapping.

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September 06, 2019, 02:21:30 PM
 #53

@andrea1234, I think I need to ask you some questions about the Volentix decentralized exchange you are promoting.
With the little knowledge I have on decentralized exchanges, I know there are so many of them and there are some that are worth using, which have good prospects.
I also want to inform you that there are yet some exchanges that were presented as decentralized, yet are centralized in disguise, whose security have been bridged, funds stolen, ask for kyc.

1. What for of security measure are you using to ensure that it is fully decentralized and that funds are safe?
2. Who are your team?
3. Yes, decentralized exchanges are supposed to be ubiquitous, yet we see some that have restricted some countries, what is your own reach? Is there any restriction?
4. What is your daily volume?
5. How do you intend surpassing other competitors in the market?
6. How do you ensure that your exchange is is not cloned?
7. What medium or media do you use in communicating with your users?

I would have gone ahead to ask more questions, but let me limit it at this. If you can answer the questions effectively and provided the needed answers, I believe people will have confidence in Volentix.
Thanks.
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September 06, 2019, 02:33:43 PM
 #54

I was talking to several friends and i have noticed that today there is a trend towards Decentralized Exchange.And i was impressed with the most decentralized exchanges.
The most advanced one, I would even say DEX of DEXes is Volentix, have you heard of them?


Wow, i havent heard of volentix. I think i will look that up, but when it comes to decentralised exchanges i will always go for idex and ddex. They are easy to use and the log book is always very fast to update, unlike ed and fd. Decentralised exchanges are the best

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September 06, 2019, 02:40:33 PM
 #55

I like eFin DEX. Pretty new, but they have big plans for the future. I was an early investors and bought their membership package with eFin coins that generates me profit from trading fees. So higher volume = higher profit for me.  Smiley


Volentix DEX is already working?

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September 06, 2019, 02:57:44 PM
 #56

Never heard of Volentix and never use it for once. I have been using Idex, Folkdelta and Ddex. I love Idex for the fact that it has some good volume but hate the idea of having to make withdrawals of tokens after trading. I don't that fancy Folkdelta because it works with ethereum network and ethereum network is very slow, but anyone can list on folkdeta and it's truely decentralized. Ddex is a good dex, but lacks volume, and the idea of wrapping ETH before trading is not very okay with me. In the end, we don't have perfect Dex yet. Let's keep building.
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September 06, 2019, 02:58:26 PM
 #57

I don't know about Volentix. Is it really that good? How about the volume? Is it as good as fork delta?
One of my main motivating factors for choosing a dex is the volume. That is why my best dex so far is Idex but I will change soon because of their new kyc policy

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September 06, 2019, 03:01:58 PM
 #58

hands down https://atomicdex.io

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September 06, 2019, 03:57:28 PM
 #59

I like eFin DEX. Pretty new, but they have big plans for the future. I was an early investors and bought their membership package with eFin coins that generates me profit from trading fees. So higher volume = higher profit for me.  Smiley


Volentix DEX is already working?

I don't think its working. I did install their Verto wallet, its actually a neat wallet which is more like hybrid connected to their VDEX. The VTX token isn't on their DEX yet but its on the STEX exchange. Something to really question when they instead list their token on STEX rather than on their VDEX.  The project started last year by the way.
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September 06, 2019, 04:09:44 PM
 #60

I have not heard about this, but I believe that the most advanced is binance dex, because this exchange is always one step ahead. It is unfortunate that there are very few dex exchanges, because the cryptocurrency was created so that everything would be anonymous, and centralized exchanges do not fulfill this goal, I hope more dex exchanges will appear in the future.

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