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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)
wajik-tempe
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November 23, 2019, 02:50:41 PM
 #41

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.

I've used IDEX since 2018 when i sold my CEDEX token that i've got from bounty and the exchange is fast and the service is nice, i could connect our MEW account safely and still trusting the exchange until now.
After binance DEX born, there are many people move to them but the coin selection is still less than IDEX that's why i keep using IDEX till right now
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November 23, 2019, 03:39:02 PM
 #42

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.
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November 29, 2019, 01:09:42 AM
 #43

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
This is really difficult to know, most likely the most popular answer is going to be the binance DEX but it is fair to question us if it is really a decentralized exchange when binance is the institution that is behind it, the truth is that most decentralized exchanges are lacking still many features that you can find in almost all centralized exchanges and that is why they are not so popular, so it is entirely possible that the most popular DEX during the next two years has not been created yet and it is still in the development stage.
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November 29, 2019, 01:19:31 AM
 #44

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

2 years are a very long timespan for crypto. I remember 2015-2017 and now 2019. My point of view was completely different in all those periods.

But if I need to point one - it's Binance DEX, not Blocknet. Binance is a proven company. Blocknet has ~4 mil cap. If for some reason, they lose another 30%-50%-70%, Blocknet will lost all the motivation it has now to innovate and supports their DEX.

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November 29, 2019, 09:08:27 AM
 #45

I think this thread is about dex?
Why then is Binance Dex constantly listed which is not a real DEX?

BisQ & AtomicDex are good Dex´s as an example

https://bisq.network/

https://atomicdex.io/

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November 29, 2019, 09:16:50 AM
 #46

I have a feeling that no one would ever outshine etherdelta/forkdelta, even though lots of people blame these two dex.
It is simple - old dex, everyone at least heard or used it once, you can trade whatever you want there.

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November 29, 2019, 09:18:19 AM
 #47

I have a feeling that no one would ever outshine etherdelta/forkdelta, even though lots of people blame these two dex.
It is simple - old dex, everyone at least heard or used it once, you can trade whatever you want there.

No Real Dex, because centralized matcher between buyer and seller
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November 29, 2019, 09:34:51 AM
 #48

Etherdelta / Forkdelta - because he is the first and most popular DEX, I am sure that for the next two years no one can replace him
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December 03, 2020, 05:25:42 AM
 #49

Binance Dex presently has no contenders since this decentralized trade was made by CZ himself and he runs the whole trade. Presently, numerous other decentralized trades utilize the stage ETH yet a large portion of these trades frequently have no exchanging volume, and that enormously influences liquidity. By and by just partaking in Binance Dex and absolutely, the fate of this trade will turn out to be more famous.
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December 03, 2020, 06:01:09 AM
 #50

A DEX from which you can trade ALL assets. Right now you can either choose an ETH-based DEX, or a DEX such as Blocknet which has coins listed like: BTC, LTC, DASH, BLOCK. These coins CAN'T be traded on Uniswap, since Uniswap only has ETH-tokens.

Blocknet is integrating ethereum and it's tokens to their DEX very soon, while integrating the DEX into their Litewallet. This makes it easy to store and trade your coins/tokens from the same dApp.

I believe this will be one of the biggest REAL DEX's around in the future, BECAUSE node owners profit off of the trading fees. (5000 BLOCK required). Which will drive demand for BLOCK through the roof.  Grin
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December 03, 2020, 10:44:29 AM
 #51

Binance Dex presently has no contenders since this decentralized trade was made by CZ himself and he runs the whole trade. Presently, numerous other decentralized trades utilize the stage ETH yet a large portion of these trades frequently have no exchanging volume, and that enormously influences liquidity. By and by just partaking in Binance Dex and absolutely, the fate of this trade will turn out to be more famous.

Is Uniswap not the biggest contender for Binance DEX now though? I mean, until there is a pure cross-chain DEX able to very easily let people trade non ERC20 tokens (which is the biggest dex marketplace) then no DEX will be suitable for use, even WAVES DEX which allowed this easily in the past still found it very difficult to get good volumes up!

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December 03, 2020, 02:38:18 PM
 #52

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.
IDEX forced all of users to did KYC and after the implementation of KYC and there's no a lot of people have been using idex again. I used idex last year and i never try to use it again right now.
Uniswap has come with a better features compared with idex. People can also earn passive income from uniswap too.
As long as the progress will always be running and the best dex will never be replaced by new dex

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December 04, 2020, 09:02:16 AM
 #53

Binance is a great centralized exchange, and for the next 2 years it will continue to be a great centralized exchange, however their dex is worthless and useless and not loved by the community. It has been around for a while now and look at the volume they have for most pairs, whereas uniswap has been around for just a few months and look at their volume.

Many many many, new projects are working to get listed in uniswap instead of anywhere else, we are getting into a situation where people will not look for any other exchange for new coins, they will all be listed in uniswap for sure. All the CEX places in the world will be for typical old coins, like bitcoin and ethereum and 50+ more which is enough for them to be dominated, but I do not see how they could list new projects.

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December 06, 2020, 02:51:39 PM
 #54

Impossible to tell right now, however I'm betting my money on Blocknet for the simple reason that I'll profit off the trading fees through my Blocknet node (5000 BLOCK required). On top of that, Blocknets Infura replacement for ETH, will probably yield even more profits. Don't aim to catch a pump this coming bullrun, but to profit passively, and hopefull quit my job for the long term.  Smiley
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December 06, 2020, 03:33:40 PM
 #55

Etherdelta / Forkdelta - because he is the first and most popular DEX, I am sure that for the next two years no one can replace him

Etherdelta is dead and forkdelta has no daily trade volume. The creator of etherdelta was also seeking for the money to run the operational cost for forkdelta. The forkdelta can dead anytime.
There's no hope for forkdelta to comeback into the crypto industry again. There are so many new dexs right now. The chance is very very small.
I doubt what you are saying will come true.

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December 07, 2020, 08:16:51 AM
 #56

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

It is really hard to say or suggest because this space can't be predicted up to 90%, before now many people used to regard IDEX as the best DEX wherein they also have good number of users, liquidity etc but after that KYC of a thing, many lost interest, the question is, who would have thought it will get to such level with IDEX. Therefore what I am trying to point out is, I can say this particular DEX or that will be huge in 2 years from now, and by next year one thing might lead to another and the DEX will start declining in all ramifications. Hence my own thoughts about the case is, use whatever DEX you want to achieve your aim at the meantime and whichever team that are ready and hardworking can continue being at the top.

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December 07, 2020, 07:55:59 PM
 #57

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.

Wrong. Blocknet covers a LOT of pairs, coins and soon tokens too. https://blockdx.com/
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December 07, 2020, 08:03:02 PM
 #58

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.

Wrong. Blocknet covers a LOT of pairs, coins and soon tokens too. https://blockdx.com/

Not really familiar with blocknet here. Maybe because Uniswap is the popular one today along with Binance DEx. IDEX, I believe their time is almost over. Maybe even after a year from now, we will see which one of them will still be standing amidst all the trials that will come to crypto.
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December 07, 2020, 08:20:39 PM
 #59

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 Stakenet DEX will change the way we trade these days.

A Lightwallet multi-currency wallet with DEX build into and run by +2700 Masternode who will profit from the DEX trading fees. So it is completely decentralized. No KYC.

Stakenet DEX using Lightning Network(For BTC) and Connext Network (For ETH and ERC20 tokens) to solve the scalability problems and make the Instant transactions possible (off-chain on 2nd layer) with the lowest fees.

This is a DEX but feels like a CEX!
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December 07, 2020, 10:29:08 PM
 #60

IDEX is the best DEX for all ERC20 tokens but a DEX that covers most of the coins is still not there. Two years is a long time in crypto world so some new DEXes will rise to fullfil this market void.

Wrong. Blocknet covers a LOT of pairs, coins and soon tokens too. https://blockdx.com/

And you think somebody who wants to trade BTC for ETh is downloading both blockchains on his computer for an atomicSwap ? lulz
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