What i should look in a dex?

[Mr. Magkaisa]

how to choose best dex? there are a lot of them right now and what someone should look for in a dex before using it?

        -   Of course, always look at the liquidity, if it is high and realistic in its marketcap, you should base it there to use it. Because if the liquidity is low, it is quite high risk to use a dex like that to be honest.

For example, like JUP, if you look at its liquidity in DEX, it is around 1M$ something in which is in my sight, that is fine with me to be honest, here's the link https://dexscreener.com/solana/dkvn7rktnjsser5oyurf3vddqu2znescywxvpervtcfa

[bettercrypto]

how to choose best dex? there are a lot of them right now and what someone should look for in a dex before using it?

You may choose seeing its security systems,,, all dex are n't secure. So be careful with your choose.

Even the Cex platform is not safe either, meaning Dex or Cex both have a risk. All we need as communities is to be researched first before using or entering money to do trading activity.

Now if I were the only one to be asked, I would prefer Dex. That's why CEX beat Dex because of the p2p features it has, so more people use the Cex platform exchange. Although the only good thing about Dex is that we have full control over our account,.

[gunhell16]

how to choose best dex? there are a lot of them right now and what someone should look for in a dex before using it?

the ones that I think are pretty good dex to use so far are JUP, Raydium, Dexscreener, Quickswap, these are the ones that I think are good to use and add the gecko terminal and Defilama.

But right now there are only two of those that I use often and these are JUP and Raydium. Because I often only use Cex platforms because of the p2p features they have.

[KingsDen]

I prefer both cex and dex tbh.For example currently i am using Bitay and Bitay is launching the CeDeFi program, which will enable one-click trading on decentralized exchanges from its own platform.This is a feature that i am look in an exchanges.

In an equilibrium, the CEX and DEX needs to co-exist. Whereby an average user who is not technically inclined can also use the CEX while the savvy ones will use the DEX. That's the real essence of this industry, liberty.
For Dez choice, look at liquidity and the number of active developers maintaining the exchange. A mal-maintained DEX is just a time bomb that could be triggered any moment.