Best NEW DEX to start trading NOW and will BOOM in 2020

[Rick-C-137]

My question is... What NEW DEX have been launched in the last 6 months to start trading NOW and will BOOM in 2020?

We have all heard about Cryptobridge and the laundry list of DEX "decentralized exchange" that are getting booted out of crypto space by their own hand or adapting KYC. Obviously the whole purpose of DEX was to remain true to Crypto vision. Think most can agree KYC was not in satoshi nakamoto vision of a decentralized ecosystem that he , she or them  envisioned when creating Bitcoin.

desired specs:

-Must be DEX
-Must NOT have KYC and have already addressed the issue of NEVER implementing it.


"Optional feedback" Desired insight from you the user

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX

[1715106048]

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[1715106048]

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[1715106048]

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[Ucy]

My question is... What NEW DEX have been launched in the last 6 months to start trading NOW and will BOOM in 2020?

We have all heard about Cryptobridge and the laundry list of DEX "decentralized exchange" that are getting booted out of crypto space by their own hand or adapting KYC. Obviously the whole purpose of DEX was to remain true to Crypto vision. Think most can agree KYC was not in satoshi nakamoto vision of a decentralized ecosystem that he , she or them  envisioned when creating Bitcoin.

desired specs:

-Must be DEX
-Must NOT have KYC and have already addressed the issue of NEVER implementing it.


"Optional feedback" Desired insight from you the user

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX

True Decentralized exchanges should represent what satoshi wants for Bitcoin (Satoshi Vision)...The true vision is in Bitcoin whitepaper,   Bitcoin-related online/forum posts, and the way Bitcoin was built.
His vision: decentralizion, no middle man, anonymity, transparency immutablity, trustless, permissionless, censorship resistant, 
True decentralized exchanges should have those features else they don't qualify as decentralized exchange.

[Rick-C-137]

My question is... What NEW DEX have been launched in the last 6 months to start trading NOW and will BOOM in 2020?

We have all heard about Cryptobridge and the laundry list of DEX "decentralized exchange" that are getting booted out of crypto space by their own hand or adapting KYC. Obviously the whole purpose of DEX was to remain true to Crypto vision. Think most can agree KYC was not in satoshi nakamoto vision of a decentralized ecosystem that he , she or them  envisioned when creating Bitcoin.

desired specs:

-Must be DEX
-Must NOT have KYC and have already addressed the issue of NEVER implementing it.


"Optional feedback" Desired insight from you the user

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX

True Decentralized exchanges should represent what satoshi wants for Bitcoin (Satoshi Vision)...The true vision is in Bitcoin whitepaper,   Bitcoin-related online/forum posts, and the way Bitcoin was built.
His vision: decentralizion, no middle man, anonymity, transparency immutablity, trustless, permissionless, censorship resistant, 
True decentralized exchanges should have those features else they don't qualify as decentralized exchange.

Bravo.. Very well said

[Rick-C-137]

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX

KYC on a decentralized exchange will not make it as true decentralized exchange so you should avoid KYC if you want to launch DEX.

DEX lacks trading volume which is the reason why people going with centralized exchanges even if they knew its high risk associated while trading on it so you should probably have more trading pairs and best user interface to attract more traders which will make the volume to be increased.

thank you for your insight. Agree people need DEX that have the volume of central exchanges


Hotbit 24hr volume $930,919,018  Vs.  Binance DEX  24hr volume $888,754

Imagine a DEX with just half of Hotbit

I wonder if any DEX system could even handle that user and trading load?

[TastyChillySauce00]

thank you for your insight. Agree people need DEX that have the volume of central exchanges


Hotbit 24hr volume $930,919,018  Vs.  Binance DEX  24hr volume $888,754

Imagine a DEX with just half of Hotbit

I wonder if any DEX system could even handle that user and trading load?

The scalability like you mentioned is also an important concern. Until today no DEX has ever tested to handle massive transactions and its capability is still questionable. But to do that test we need to solve the first problem which is the low trading volume and the lack of users. it's like DEX got stuck because it can't get anywhere with that kind of low trading volume and the development can't really progress. We've seen some problem that occurs in bitcoin's blockchain after it got overcrowded and the transaction requires a high fee and still take so much time to get confirmed. If we can make a conclusion by some simple logic, DEX could actually face the same scalability problem and need fixes as to how bitcoin implement lightning network.

[starblocks]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

[shoreno]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

of course they dont have to require a kyc because its a decentralized version  . i never seen a decentralized exchange that require a kyc but centralized version yes  they are  possible  but not all decentralized exchange are user friendly but most of them are not but binance was well known to be a user friendly exhange before so they will just use the same set up on thier new decentralized exchange version  .  why would this become popular if it will regulated ? when people only use decentralized exchange to avoid regulation  .

[Hallmader]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

of course they dont have to require a kyc because its a decentralized version  . i never seen a decentralized exchange that require a kyc but centralized version yes  they are  possible  but not all decentralized exchange are user friendly but most of them are not but binance was well known to be a user friendly exhange before so they will just use the same set up on thier new decentralized exchange version  .  why would this become popular if it will regulated ? when people only use decentralized exchange to avoid regulation  .

While I agree that decentralized exchanges should not require KYC, IDEX is doing that. So that means it is possible. Although I would think that because of what IDEX did, it kind of lost a big part of its being a decentralized exchange. But it is still a decentralized exchange by its other features.

IDEX is one of the most active decentralized exchanges but I think Binance DEX is leading in the competition.

[boris singer]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

The principle of decentralization is not always applied in their DEX, they have previously held an initial dex offer (IDO) which requires Kyc to participants. They also monopolized coins in binancechain / bep-2 (cannot be used in other dex), and remain evidence that they are still obedient to centralization. To my knowledge only McAfeeDex thinks about active decentralization, but their achievements have not yet been seen.

[Casdinyard]

The principle of decentralization is not always applied in their DEX, they have previously held an initial dex offer (IDO) which requires Kyc to participants. They also monopolized coins in binancechain / bep-2 (cannot be used in other dex), and remain evidence that they are still obedient to centralization.

What you're saying is a crowdsale and not technically the usual trading. What OP is after is decentralization on trading without the use of KYC. However, could DEX really achieve high liquidity? It's near to impossible though.

Hotbit 24hr volume $930,919,018  Vs.  Binance DEX  24hr volume $888,754

Hotbit has full load of bots, don't be fooled by their digits.

[sunsilk]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

They already have the CEX version so that DEX version they have is unlikely to implement KYC. But we can't be confident at these moments that they will never change that status of not implementing it because just like IDEX, they can implement it by simply making reasons.

i never seen a decentralized exchange that require a kyc but centralized version

IDEX did.

[Rick-C-137]

The principle of decentralization is not always applied in their DEX, they have previously held an initial dex offer (IDO) which requires Kyc to participants. They also monopolized coins in binancechain / bep-2 (cannot be used in other dex), and remain evidence that they are still obedient to centralization.

What you're saying is a crowdsale and not technically the usual trading. What OP is after is decentralization on trading without the use of KYC. However, could DEX really achieve high liquidity? It's near to impossible though.

Hotbit 24hr volume $930,919,018  Vs.  Binance DEX  24hr volume $888,754

Hotbit has full load of bots, don't be fooled by their digits.

I agree . I would say possible a quarter of volume is human trading if not less

[cabron]

Binance have launched a DEX that doesn't require KYC as far as I know and its quite user friendly just it hasn't received the same volumes as the CEX version of the exchange, but these services may become more popular as more regulation is put into place that requires FATF guidelines to be followed and they can still operate without these restrictions

The principle of decentralization is not always applied in their DEX, they have previously held an initial dex offer (IDO) which requires Kyc to participants. They also monopolized coins in binancechain / bep-2 (cannot be used in other dex), and remain evidence that they are still obedient to centralization. To my knowledge only McAfeeDex thinks about active decentralization, but their achievements have not yet been seen.

initial dex offer (IDO) is something new that I only heard from this thread. I have no idea they are doing this and ask KYC, must be something to watch out for. You have to wonder why they exercise these type of crowdfunding on their DEX when they should be doing it on their CEX itself because they do have a launchpad there.  To be honest I find no real DEX anymore unless it can't be stopped nor website to deface.

[stomachgrowls]

Try Bisq. You cant go wrong with it.

-How do you feel about KYC?
-If a DEX has KYC.. Do you think it's a true DEX?
-What do you look for in a DEX

Dex shouldnt have that kyc thing but i would repeat above one said that IDEX did such thing https://news.bitcoin.com/decentralized-exchange-idex-to-introduce-full-kyc/

Dex  is ideal when it comes to p2p but these places arent really getting too much liquidity.Why? It cant be tied up with Fiat pairs where centralized do had.

[VanDeinsberg12]

KYC verification is the worst part when it comes to the DEX and then make the DEX itself become centralized but i ask you right now about what was your new feature that will available in your dex? you called your DEX as the best DEX but if that was offering the existed features that already available in the old dex and we can call your DEX as the best new dex right now.
Even mcafee's dex was having the same design as the old one that called switch dex.
The dex must implement the feature that support to give more privacy to the users. It's much better if the dex can create an protocol that can be used to increase the protection to the privacy of users.

[Rick-C-137]

Blocknet is doing some pretty exciting things as far as DEX