3DBrushes
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October 11, 2019, 05:37:57 PM |
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Forkdelta fully embodies the concept of a decentralized exchange, but it is almost impossible to trade on it due to the lack of liquidity.
As for IDEX, this problem is solved there. In addition, Idex has a much more advanced design and speed.
Right, compared to forkdelta then I think idex has better features and good design. But if I have to choose, forkdelta seems the right choice even though liquidity is low but I like it more. But still, dex exchange has a weakness where the price of tokens/coins traded there tend to be cheaper than other exchanges. Some coins in forkdelta has good volume. More volume than IDEX too. The reason for this is a similar exchange forkdelta was hacked and coins for stolen. How on earth can someone hack a decentralised exchange? IDEX has order delay problem when the volume is very high just like other decentralised exchanges. So it doesn't matter both are same and can be good/bad. |
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notblox1
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October 11, 2019, 05:40:32 PM |
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IDEX exchange is fine, and I don't think KYC is mandatory,
but problem is it only Ethereum based, and Bitcoin is not supported with other coins.
There is wrappedBTC - WBTC, but KYC is needed for that
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spadormie
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October 11, 2019, 05:44:35 PM |
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Best DEX for me is IDEX. That's the dex I was using before and I think it is still decent up to now. Almost all new coins are on that site and it's good to use since it's more user friendly than any other dex. My friend recommended this to me if I remember it correctly. I just don't know about any other dex popular now. But, when I was active trading, IDEX is the one I use.
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prehisto
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October 11, 2019, 06:48:41 PM |
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Just think of the concept in more depth before you go and invest in those so called dex.
The 2 most popular and famous dex exchnages are etherdelta/forkdelta idex. Both of them in reality are not dex and are centralised.
Evry project claiming that they will make dex is not true, they will profit from them and that means that they will be centralized.
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timmmers
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October 11, 2019, 07:06:50 PM |
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I think that you are asking which DEXs have the highest trading volume, right? Because all DEXs are similiar, but they have a different number of users and daily trading volume. For example ETH DEX with high volumes are: IDEX or EtherDelta.  |
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TrevorS
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October 11, 2019, 07:35:59 PM |
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BISQ and Komodo are good choices. Maybe you want to try Binance DEX too. IDEX was my favourite decentralised exchange, until they implemented the KYC process.
I stopped using them, I also used them before and I think that they were the best during the old times but it has changed. @OP other DEXs that you can try. 9 Best Decentralized Exchanges That You Can Use To Trade NOWThanks, not a bad set of decentralized exchanges. I suppose Index was not included in the list because of its centralized innovations. Frankly, I have not heard about all the exchanges on the list. I wonder how significant the problems with liquidity are on the most popular of them. |
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TrevorS
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October 11, 2019, 08:31:57 PM |
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Yes Idex one of the best decentralized exchanges with good liquidity.
It has partially become centralized, but it has no analogues for trading in this niche.
But I don’t agree about delta. There is terrible liquidity and very slow execution of orders, as well as its updating.
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Flux0z (OP)
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October 11, 2019, 09:23:44 PM |
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IDEX was my favourite decentralised exchange, until they implemented the KYC process. Right now, Binance dex is looking good, but I still do not trust Binance. Thats why my number one right now is Forkdelta, however they are already collecting funds to survive.
The Binance DEX, is not a REAL DEX. All the nodes controlling and verifying the transactions is owned and controlled by Binance themselves. Blocknet seems to be an awesome DEX just need more volume like the rest of the DEX's out there |
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dark08
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October 11, 2019, 09:27:27 PM |
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IDEX was my favourite decentralised exchange, until they implemented the KYC process. Right now, Binance dex is looking good, but I still do not trust Binance. Thats why my number one right now is Forkdelta, however they are already collecting funds to survive.
Im also an Idex fun because theres a lot of erc based token that you can buy in this exchange site but unfortunately the KYC system is a shity for decentralized exchange site thats a reason I switch to binance dex but its not 100% dex. |
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omone1
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October 11, 2019, 09:45:24 PM |
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For now, as long as I am concerned, IDEX has the highest volume of liquidity, recently they changed their policy and introduced KYC, which has cast some few on some traders who just want to stay and remain with some level of anonymity. Ddex is another DEX I love but does list anything which is not healthy and has low liquidity.
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tabas
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October 11, 2019, 10:25:33 PM |
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You probably missed that I've given already this link.  BISQ and Komodo are good choices. Maybe you want to try Binance DEX too.
Binance DEX is not a decentralized exchange site but that's a centralized exchange site. The main purpose of decentralized exchange site to create an exchange site ecosystem that is not fully controlled by a single party. Binance has over control to the binance DEX and that's centralized. Yeah, it's not fully decentralized but as I've said maybe he want to try it because it's "Binance". A known exchange that he can trust with if he's too careful with the exchange that he's choosing. I've known it that it's not totally a DEX because CZ already hinted for that. |
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Frank37
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October 12, 2019, 01:01:34 PM |
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IMO WavesDEX is the fastest (almost fast as a centralized exchange) and easiest available DEX nowadays. Gateway allow you to trade with BTC, ETH, ect... and fiat. Even if you don't endorse Waves, you are not forced to trade with Waves pairs. https://dex.wavesplatform.com/What are the fees for waves dex exchange? And is KYC procedure mandatory for normal use or only when using FIAT? I have it installed, but I did not used it recently at all. Taker fee:0.003 waves Maker fee:0.003 waves Withdrawal fee:0.003 waves |
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whtchocla7e
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October 12, 2019, 01:11:53 PM |
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Idex has always been my previous choice, it makes me happy. However, the arrival of Binance Dex made me change my mind, I switched to using Binance DEX because it is safe and has a stable trading volume.
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gunhell16
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October 12, 2019, 01:30:26 PM |
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There is only one DEX i am using now and that is BINANCE DEX, i never had an issue on that exchange and the speed rate is very accurate and fast.
I am actively trading EOSBET on there, the volume is good for me as of now and they only have a few tokens/coin in their platform
They are not listing everyone who wants to be in, they have a good team filtering it before listing.
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AndRE177
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October 12, 2019, 03:24:59 PM |
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I'm looking for some DEX projects to invest in, since I believe they are the future of trading for those of us who care about privacy, security, and peace of mind while trading basically.
I found Blocknet, which was founded in 2014, launched the first functional DEX. Seems like a promising project with a good entry price right now.
Also found Komodo, Bisq, and a few others..
There seems to be so many out there as of late, what do you guys think?
All Dex unfortunately have one big problem-it is small trading volumes for all currency pairs. I have not yet met a single Dex where there was a trading volume at least a little at the level of any of the centralized exchanges. I trade on them only if the coin is not placed on any of the Central exchanges. At the same time, I choose not some specific exchange, but one on which the coin I need is traded. |
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BitHodler
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October 12, 2019, 04:37:08 PM |
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There is only one DEX i am using now and that is BINANCE DEX, i never had an issue on that exchange and the speed rate is very accurate and fast.
It's a good alternative as long as Binance doesn't withdraw its support and market makers. I really wonder what would be left of it would that happen, because all other non supported DEXs lack liquidity and use. Throughout the last years not much has changed at all when it comes to DEXs gaining popularity---Binance thus far has been the most successful one because of how CZ did the marketing for it and the financial support he provides. |
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10c
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October 12, 2019, 06:04:41 PM |
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Idex has always been my previous choice, it makes me happy. However, the arrival of Binance Dex made me change my mind, I switched to using Binance DEX because it is safe and has a stable trading volume.
Binance dex is the reputation of the Binance Exchange itself. that is why people are choosing it now. they still feel safer on this exchange than on any other |
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redsun114
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October 13, 2019, 01:14:21 PM |
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I don’t know about all these projects that you are talking about, but I think that Binance DEX and IDEX has always been the best decentralized exchanges to me, all these listed by you are quite unknown and I am sure they are not very much popular, and one of the reasons you need to consider a popular dex exchange is because of the volume you will get.
The more users of a dex, the more it would be easy for your transactions to be carried out easily. You know what we have been struggling with as regards dex exchanges generally, it has really not been easy as CEX has taken over the whole platform, but I think that now that people are beginning to pay attention to some of these few listed ones, they might really be worth trying out for a reliable projects.
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Mianae
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October 13, 2019, 06:55:29 PM |
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The best Dex I'm aware of is Idex, their token is costly but it's worth the investment. You can as well look for Upcoming Dex whose price is yet in cents or around 1-5$.
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Perfect35
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October 13, 2019, 08:18:53 PM |
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If the DEX project shows a lot of promising features as well as other already integrated features, then I might decide to invest in it. Although, I have not done one, except for those coming from centralized exchanges. However, everything in the crypto space is trend based. If the new trend falls on DEX projects, then I will gladly invest in it.
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