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Author Topic: Which DEX do you believe will be the most used 2 years from now, and why?  (Read 752 times)
Marckolind (OP)
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November 19, 2019, 07:34:04 PM
 #1

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley
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November 19, 2019, 07:39:00 PM
 #2

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

Binance DEX for sure yet its being dragged on with Binance reputation/popularity itself thats why as long Binance is on the peak then
i would say that among or even we do just talk about liquidity then this one would really have it knowing that going thru their
DEX would have the chance to be listed into their main platform.So the next step is normally for most projects to go look or do go after that.

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November 19, 2019, 09:43:20 PM
 #3

The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.
I do not understand why Blocknet's name has become more popular lately. As far as I know, it has been present for a long time. Right?


Binance DEX for sure yet its being dragged on with Binance reputation/popularity itself thats why as long Binance is on the peak then
i would say that among or even we do just talk about liquidity then this one would really have it knowing that going thru their
DEX would have the chance to be listed into their main platform.So the next step is normally for most projects to go look or do go after that.
There is no more place left for Binance to interfere with. I am so bored with this, we should change the name of the crypto market to "Binance market".
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November 20, 2019, 12:05:48 AM
 #4

It's hard to say because a DEX needs a constant flow of liquidity, which Binance is providing, so from there I would say Binance DEX, but what will happen when they stop providing liquidity to their DEX?

Then it's also debatable whether or not Binance DEX is an actual DEX or just a centralized toy. I personally think it's both, but what I didn't like is how they excluded certain countries from their website, which goes against their exchange.

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November 20, 2019, 01:49:45 AM
 #5

In this time, the best DEX is Binance DEX. it has biggest volume in DEX
i think it would grow in the future, as long as Binance.com grows too

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November 20, 2019, 03:48:33 AM
 #6

If you consider Kybernetwork a DEX, i would say it will be widely used
With the rising of DEFI, tons of liquidity provider are sharing their liquidity with multiple dex to lower down slippage for token swaps/exchange

Kybernetwork has been doing a great job and provide pools of token liquidity to tons DEX/DEFI
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November 20, 2019, 06:05:27 AM
 #7

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

I am guessing some of the 0x-based exchanges, then again, it just might be that the real killer dex platform haven't even been done yet or adopted. There's surely room for more competition when the bull run starts and something might as well take over all of them.
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November 20, 2019, 06:21:29 AM
 #8

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley
I will eliminate any DEX that gives mandatory to users to complete the verification and that's a centralized exchange site and not a DEX.
I believe in kyber and 0x. Both are getting more and more users every day as per the daily volume of both DEX were getting increase a lot at the same time. Can you prove it if blocknet is the first dex? I never heard about that before lol.
We can know what will be the best true DEX based on the adoption and the adoption means the trust of the users.
Im seeing someone has already posted about the bencmark of all dex and kyber was getting placed on the first position and then 0x in the second place.

Blocknet still below both of the dex in terms of adoption.

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November 20, 2019, 06:37:43 AM
 #9

I do not know which one is more in trust, but Binance DEX has had a great reputation of binance, so despite the new classified they have gained the trust because it is backed up by binance, so I guess in the near time the development of Binance DEX will Very fast.

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November 20, 2019, 07:36:44 AM
 #10

What do you guys think? Smiley

Surely the decentralized exchange brought by the most favorite exchange and it should be Binance DEX.

I don't know what will happen in two years from now, probably there will be a better exchange than Binance and Binance will die but for now there is no exchange people love the most than Binance, so lots people must use Binance DEX.

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November 20, 2019, 07:56:17 AM
 #11

What do you guys think? Smiley

Surely the decentralized exchange brought by the most favorite exchange and it should be Binance DEX.

I don't know what will happen in two years from now, probably there will be a better exchange than Binance and Binance will die but for now there is no exchange people love the most than Binance, so lots people must use Binance DEX.

Binance's decentralized exchange has a lot of backing: Its mother company, Binance, a huge pool of promotional funding and a large number of users from its regular exchange. This will ensure that the push for DEX adoption is well supported. If DEX adoption fails, it only means, it's not useful or convenient.

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November 20, 2019, 10:38:36 AM
 #12

Binance's decentralized exchange has a lot of backing: Its mother company, Binance, a huge pool of promotional funding and a large number of users from its regular exchange. This will ensure that the push for DEX adoption is well supported. If DEX adoption fails, it only means, it's not useful or convenient.

That's why I do believe Binance can always be most used decentralized exchange starting from now for the next two years or even more. They just need to keep the momentum, the performance and stay consistent about it, bring the best services to people and try to avoid any drama.

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November 20, 2019, 10:45:24 AM
Last edit: November 20, 2019, 03:19:57 PM by Acura3600
Merited by tyz (1)
 #13

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November 20, 2019, 03:12:16 PM
 #14

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

i think the biggest DEX might be yet to be completed, the ones out now are so phony, cryptobridge style, still centralized
it wont be Mcafees, his dex is solely dependent on him being a crazy bastard, how long could that last, another 20 years max?
I think in 2 years we will have atomic swaps, and p2p, with Bitcoins wallet itself being the dex, like Bisq, where anyone can place any offer of any token they hodl

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November 20, 2019, 03:34:31 PM
 #15

I have no doubt that currently the most promising Dex on market is https://bisq.network/
It is not the cheapest, but it combines convenience (it is very user friendly) and security.
I think that security will be the argument that will soon make Bisq the most popular decentralized exchange on the market.


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YuginKadoya
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November 20, 2019, 04:00:57 PM
 #16

There is a lot to consider regarding what DEX do you want to establish your trading, pretty much I am guessing many surely want a more secure, trustworthy, and surely anonymous one out there, and fairly easy to use for newbies to surely coop up fast but for me, I am using Binance DEX and currently the number 1 out there,

I had made fairly a lot of tradings and withdrawings that I lost count and pretty much it doesn't fail me a single time, and well back in the days when Airdrops and ICO was the main thing this exchange become popular Ether Delta is a main DEX that I am using back in the days when it is still popular.
Flux0z
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November 20, 2019, 06:37:34 PM
 #17

In this time, the best DEX is Binance DEX. it has biggest volume in DEX
i think it would grow in the future, as long as Binance.com grows too



Binance and IDEX is NOT a true DEX unfortunately. Funny to see everyone here mention Binance, when their "DEX" isn't decentralized at all. A REAL DEX is owned and controlled by the users, NOT the company itself. All the nodes that verifies the transactions is owned, and controlled by... Yeah.. You guessed it, Binance!

IDEX enforced KYC, and this completely puts them out of the DEX game. That's basically the same as ThePirateBay asking you to submit your personal details to download torrents through their website.

I'm literally stunned how uneducated some people are. Crypto is still running on hype, and everyone seems to follow along like sheeps, not even paying attention to the underlying tech that makes it all possible.
I'm a big fan of Blocknet as well, though it seems to be under the radar, like most other decent projects in this bear market.
sunsilk
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November 20, 2019, 10:16:25 PM
 #18

I do not understand why Blocknet's name has become more popular lately. As far as I know, it has been present for a long time. Right?
Honestly, I've just heard their name recently because the most popular that I've been hearing before is always IDEX. I've used the dex personally until they started to ask about KYC. I don't know about blocknet on how long they already are.

But Binance took over it easily, they have an established centralized exchange and upon building up a so called 'dex', they've easily gathered the attention of every trader that likes dexes.

romero121
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November 20, 2019, 10:28:46 PM
 #19

The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field.
The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.

What do you guys think? Smiley

Binance DEX for sure yet its being dragged on with Binance reputation/popularity itself thats why as long Binance is on the peak then
i would say that among or even we do just talk about liquidity then this one would really have it knowing that going thru their
DEX would have the chance to be listed into their main platform.So the next step is normally for most projects to go look or do go after that.
Already through the centralized service it tops the market even though there were more exchanges available for the trading needs. DEX that are available at the present has got very low liquidity, but if the same is being started by Binance surely the DEX will be much more effective and used in large numbers.

Already Binance has begun its development, and two years from now is very big time frame. Within this Binance DEX will reach the market and will be having noticeable volume of trades happening through it. By the time there will be more exchanges with some unique features gets developed giving competence as market is getting highly competitive day by day.
cryptothreads
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November 21, 2019, 02:18:39 AM
 #20

What do you guys think? Smiley

Surely the decentralized exchange brought by the most favorite exchange and it should be Binance DEX.

I don't know what will happen in two years from now, probably there will be a better exchange than Binance and Binance will die but for now there is no exchange people love the most than Binance, so lots people must use Binance DEX.

Binance's decentralized exchange has a lot of backing: Its mother company, Binance, a huge pool of promotional funding and a large number of users from its regular exchange. This will ensure that the push for DEX adoption is well supported. If DEX adoption fails, it only means, it's not useful or convenient.
Any coin listed at Binance Dex has a high trading volume and stable liquidity because this is the place to list only good projects. Currently, Binance Dex is still very new and has just been launched this year so many new investors are not aware of this exchange. In the coming time if Binance to spend money on advertising, surely people will know about this exchange more.

In addition, I have participated in some IDO projects at Binance Dex and occasionally made a good profit so this is a place that is expected to be very promising.
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