Hey guys.
I've been very interested in decentralized exchanges for a while now. Many have dissapointed me, Komodo is one of them, who recently enforced KYC. IDEX - Same story. Nash states on their website it's decentralized, but when you read the user agreements, it states that they can enforce KYC on it's users as they please, which is complete bullshit.
Blocknet seems to be only DEX around which offers coins like BTC LTC DASH etc. It's NOT built on Ethereum, however up until now it hasn't been user friendly to use their DEX, hence why it never took off as expected when it launched back in early 2018.
They decided to build a multi currency wallet and integrate the DEX for easy, convenient trading and holding of your assets, which has now moved into "open beta". Here's more info:
https://medium.com/@theblocknetchannel/xlite-public-beta-now-live-7bb458e2b814This is pretty interesting, as it will make BLOCK itself more lucrative as an investment, due to the fact that service node owners profit off of the trading fees from the DEX. Imagine if you could take the trading fees from Uniswap? Do the math..
Projects with real utliity value and less speculation will hopefully win the game in the end, I hope so at least, haha