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Author Topic: Which DEX do you believe will be the most used 2 years from now, and why?  (Read 797 times)
NathanJB
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November 21, 2019, 02:22:15 AM
 #21

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 is making the waves in the news. Even before Binance launched its DEX, people are already anticipating it. It must also have topped the list of many traders who prefer to use DEX over centralized exchanges. It should also help that the DEX is directly named after Binance because the brand has already built a lot of followers and users. Even Binance's centralized exchange is highly trusted.
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November 21, 2019, 02:57:22 AM
 #22

I have used forkdelta /etherdelta for more than 2 years because i have a lot of coin from bounty and its easy to dump on etherdelta or forkdelta, sometimes we can choose thats dex because token is not yet listed on exchange. I think it wil be used more than 2 years from now because its have a lot of token right now.
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November 21, 2019, 04:17:56 AM
 #23

Forkdelta and IDEX
Why ? because at this time there are still many tokens that use the ETH network, and I think for the next 2 years also ETH will still be widely used by new tokens
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November 21, 2019, 04:29:10 AM
 #24

I'm pessimistic about DEX's future actually. You know right that regulators will be pushing hard for MLD5 next year? The US will bring "democracy" to DEXes out there.
However, if nothing serious happens, Binance DEX has the highest chance to be successful. They have an active community and not-so-bad liquidity.

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November 21, 2019, 09:04:41 AM
 #25

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 DEX is the best and most popular Tesnet Decentralized Exchange today. The DEX Binance was developed so that users can manage their assets more easily. Binance DEX has an unlimited number of indicators, transaction costs are very cheap even in large numbers and transaction speed. Binance DEX is also provided with stop loss feature. I myself recommend to use Binance DEX because of its many features and very low transaction costs.
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November 21, 2019, 09:09:00 AM
 #26

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 will likely be able to generate liquidity most consistently, and that's the biggest issue that any DEX needs to tackle first - liquiditiy.

Other projects like Komodo that have had a history I'm also long on, but not as much as I'm long on BNB. The smaller projects you can just disregard unless they're actually something special, because of the fact that DEXs needs exposure to succeed.

That's not even saying for certain that DEXs will somehow be able to replace centralised exchanges over the next few years alone - they probably won't.
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November 21, 2019, 11:43:19 AM
 #27

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
if I look at the usual forkdelta that is busy to use including IDEX, but because of the decline in the interest of many trash tokens on the exchange and also the number of ethereum erc20 tokens that move to bep2 Binance, so currently the most widely used DEX exchange is binance.org because I see many interested ones there and the transaction is fast, oh yes one more thing because IDEX uses KYC right now it should not be appropriate to use the IDEX name anymore because it doesn't look decentralized, it should be changed to IDIX

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November 21, 2019, 01:24:11 PM
 #28

2 Years, it is quite long to predict. But, maybe Binance DEX with their power, will survive until longer time than the others. Especially if people will think to keep trade in big exchange. But if must pick, IDEX and Binance DEX i hope still available to trade for people since i never face any problem when want to use IDEX to sell my tokens.

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November 21, 2019, 01:32:17 PM
 #29

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 made money from a lot of bounty and sell it on IDEX, this is the first generation of DEX exchange in this cryptocurrency world and i still using it till right now and it can connect to my MEW account and easily transfer my tokens in and out. There are still many good DEX such as wavesdex that i also use.
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November 21, 2019, 06:25:13 PM
 #30

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.

IDEX is not even close to being a real DEX.

A real DEX does NOT:

Require you to login
Require personal info

Furthermore, it can't be shut down, it's not "owned" by anybody (Hint: Binance DEX is not a real DEX).

Blocknet and Komodo is by far the best ones out there, been in the game for the longest time, and Blocknet is not only a "DEX Project", they'll do way more than that in the future.
I'm long on both projects. Binance will eventually be like Poloniex or Bittrex is today. That's my prediction anyway
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November 21, 2019, 10:34:14 PM
 #31

I think Binance DEX and IDEX are the most popular ones that people are using. But, Binance DEX is just way better and I don't think there is any competition for Binance. The Binance DEX was also able to pull a lot of customers because of how Binance performed over the last 2 years. You can always count on them.

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November 22, 2019, 03:19:48 AM
 #32

I think Binance DEX and IDEX are the most popular ones that people are using. But, Binance DEX is just way better and I don't think there is any competition for Binance. The Binance DEX was also able to pull a lot of customers because of how Binance performed over the last 2 years. You can always count on them.
Binance Dex currently has no competitors because this decentralized exchange was created by CZ himself and he runs the entire exchange. Currently, many other decentralized exchanges use the platform ETH but most of these exchanges often have no trading volume and that greatly affects liquidity. Personally only participate in Binance Dex and certainly the future of this exchange will become more popular.


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November 22, 2019, 03:49:01 AM
 #33

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November 22, 2019, 06:35:07 AM
 #34

my favorite dex is to stay on old dex like forkdelta, etherdelta and the latest one i am still feeling comfortable using binance. The reason is that first I feel comfortable with the three dex, and why more than one dex, it is to make it easier to compare prices, sometimes prices differ due to local time, so I choose which dex is more appropriate, the price is suitable and actual, of course.

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November 22, 2019, 07:32:57 AM
 #35

Why doesn't anyone here check that Binance Dex and other ETH-based Dex mentioned are not real Dex?
 Is it so hard to understand ??
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November 22, 2019, 09:23:27 AM
 #36

my favorite dex is to stay on old dex like forkdelta, etherdelta and the latest one i am still feeling comfortable using binance. The reason is that first I feel comfortable with the three dex, and why more than one dex, it is to make it easier to compare prices, sometimes prices differ due to local time, so I choose which dex is more appropriate, the price is suitable and actual, of course.
I prefer to use Idex because this is a decentralized exchange that is easy to use and very famous in the last 2 years. Currently, exchanges like Etherdel and Forkdelta are all very low liquidity, so these two decentralized exchanges will not be interested by many people in the near future. Of course Binance Dex is also a very potential option but this exchange is still very new and still has a lot of restrictions when trading.

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November 22, 2019, 09:40:40 AM
 #37

I think its Binance DEX, why? because they are very popular and they can influence the market.
If people are hyping when a project is listed in Binance, for sure BInance DEX will also be affected and their best timing is when the market is good.

As of now, the volume of DEX are very low, but I think Binance DEX has the biggest volume among them all.
Correct me if I'm wrong, though.
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November 22, 2019, 09:53:48 AM
 #38

I like Waves.Dex, easy to use, old and reliable. I'm leasing some Waves and I get some tokens for that, I trade with them too. Just recently they upgraded Waves.Dex to Waves.Exchange. I downloaded that new upgrade yesterday but I didn't try that yet. I will check a new look and design and I hope it will be better than before, with some additional options.



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November 22, 2019, 11:13:56 PM
 #39

I think its Binance DEX, why? because they are very popular and they can influence the market.
If people are hyping when a project is listed in Binance, for sure BInance DEX will also be affected and their best timing is when the market is good.

As of now, the volume of DEX are very low, but I think Binance DEX has the biggest volume among them all.
Correct me if I'm wrong, though.

As long as the Binance DEX is centralized, and owned/operated by Binance themselves, it's just a matter of time before the government decides to shut them down. Binance seems to have fooled everyone with this marketing gimmick, and it seems like it works wonders. Only seeing a few people actually talk about the fact that their DEX isn't decentralized at all.

Back in 2017, Poloniex and Bittrex ruled everything, being number #1 at all times is close to impossible in an open market like this one, and I have to disagree with the majority of you guys here.
In 2 years we'll be trading on REAL DEX's like Blocknet's DEX solution, or one of the many others out there.

You can only fool the majority of people for so long... At some point people will know the truth, and move on. Hopefully.  Wink
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November 23, 2019, 02:21:36 PM
 #40

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 DEX is the top decentralized exchange but it's not a most using DEX in the market. Whatever i have no experience these top 5 DEX because still i did not using all of the top DEX which you mention here. I think most using DEX is idex than etherdelta and forkdelta which are missed in the list.
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