TOP 5 DECENTRALIZED CRYPTO EXCHANGES DEX?
Lets examine the top decentralized cryptocurrency exchanges according to popularity and trading volume.
"The moment we start using these centralized exchanges, they become the custodians of our funds, and we are no longer in charge. Centralized exchanges are exchanges that don’t allow users to control the private keys of their crypto funds, and instead, they keep those keys in a centralized server or database. This way of working opens up the possibilities of single points of failures and hacks by malicious actors." - Why Are Decentralized Exchanges The Future Of Cryptocurrencies? https://coinsutra.com/decentralized-exchange-cryptocurrency/
TOP 5 DECENTRALIZED CRYPTO EXCHANGES DEX?
1 Bitshares BTS and OpenLedger
https://wallet.bitshares.org/?r=champagne-crypto
Arguably the best and most popular DEX. BitShares 2.0 is a Financial Smart Contracts platform that enables trading of digital assets and has market-pegged assets that track the value of their underlying asset. OpenLedger Dex leverages BitShare’s graphene technology.
2 WAVES Platform
https://wavesplatform.com/product/dex
Waves' decentralised exchange (DEX) allows users to trade Bitcoin, Ether, Litecoin, ZCash and other cryptocurrencies, as well as fiat currencies such as USD, EURO
3 CryptoBridge BCO
https://crypto-bridge.org/
CryptoBridge is a decentralized exchange running on top of the BitShares Network. It has native BCO token called as BridgeCoin and allows BCO token staking and 50% revenue share with BCO HODlers.
4 IDEX
https://idex.market/
IDEX is a decentralized exchange for trading Ethereum (ERC-20) tokens. Some claim IDEX to be the best alternative to EtherDelta.
5 Bisq aka Bitsquare
https://bisq.network/
A peer-to-peer marketplace and a fully decentralized exchange which requires no name, email ID or verification. It uses Tor to ensure anonymity and doesn’t hold fiat or bitcoins on their servers.
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Do you use decentralized crypto exchanges DEX? If so, why and which ones? Leave a comment below.
we used Waves DEX,
we invited you to Redfishcoin (REDFISH)
we need support also,
earning 3% by holding minimum 100 coins
a verified waves assets of steemit redfish community
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Live Price: https://coincodex.com/crypto/redfishcoin/
Decentralization is the future and puts more power in the hands of the people - Always a good thing. I also imagine it is considerably harder to implement than the traditional options, so hat's off to the Devs that work on these platforms and make them so useful to us freedom-lovers!
I use waves and i really like it, now we can wait for the binance decentralized exchange :). Regards
I haven't used Bitshares even though I hold the coin. I used IDEX to sell coins I bought during an ICO, it was alright but took awhile for the sell order to go through even though the highest buy order was for more coins.