Which is the best Decentralised exchange used in India?

[kentrolla]

I would need a suggestion from the forum especially from this who has been doing trading through DEX as it's not good trading through CEX as it's eating up our profit due to unjustifiable capital gain tax of 30%. I have used some of the DEX but couldn't find the range of altcoins as there are limited options when it comes to mainstream altcoins.

Please suggest the DEX which you are using and the reason why it stands out from other DEXes available in the market.

[pawanjain]

I'll be honest but I haven't really used DEX much yet. I have tried using Uniswap once or twice may be and found it good.
You can use THIS LINK to get the list of decentralized exchanges.
If you are confused as to which one to use, you can either try Uniswap or Pancakeswap. They have the highest volumes.

[libert19]

It depends which coins you want to trade. For evm chains, you will find plenty, just search accordingly,  ex. 'optimism dexes'. Other than that instant exchanges also work good — as they also have have plenty coin choices available as of lately and here you are not restricted to particular chain either as in case of evm dexes.

[Bitcoin Smith]

You can also try these no KYC- anonymous exchanges - https://kycnot.me/?t=exchange and see if the coins you are trading is available.

I don't trade altcoins so my knowledge is very limited and DEXes always has the liquidity problem when it comes to less used/new tokens, the best way to find the exchange is to look the coin/token on CMC and check which DEX got more liquidity.

[kentrolla]

Pawanjain, Libert19 and Bitcoin Smith I would like to thank all three of you for your suggestions as it would help and yes I have used uniswap in the past and found it to be better in terms of volume and coins. I will explore more no kyc exchanges as it not easy to earn through trading and share 30% of it with government.

[libert19]

... and yes I have used uniswap in the past and found it to be better in terms of volume and coins.

Technically the thing with uniswap like dexes is, every token that's created on Ethereum (+ other supported chains) will be available there, only thing one needs to worry about is liquidity.

..the best way to find the exchange is to look the coin/token on CMC and check which DEX got more liquidity.

Or use dex aggregators like 1inch.

[JSRAW]

@libert19 Only merited to bump you up to legendary lol Cheers bhai

[libert19]

@libert19 Only merited to bump you up to legendary lol Cheers bhai

Thank you, appreciate it.

[Bitcoin Smith]

@libert19 Only merited to bump you up to legendary lol Cheers bhai

We don't witness such events very often here that make it's a hell of an achievement from Indian board.

@libert19, congratulations.