What i should look in a dex?

[Istiak]

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?

[Altcoin1998$]

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.

[Paglamon]

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.

Which of the security systems did you choose? If so, you know which dex is safe. So help him like dex. Many people who are using dex are experienced in this regard. Are you experienced?

[Gurujebs]

Security and liquidity. That should be priority of a simple decentralized exchange.

[juv3ntus1]

I recomand you to look to uniswap great liquidity ,no wash trade and easy to use.

[H2O]

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?

DEX has less secure than centralised exchanges. I frequently used etherflyer, Marcatox and idex as dex.

[highnayem34]

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.

Both security & liquidity is essential to choose any decentralized exchange.

[foxinthebox]

Safety,security,low commission,transaction speed.These are the things i pay attention to.Currently I am using Polkadex as DEX. I recommend you to have a look

[Dora Walletinvestor]

Liquidity, reputation and fees are some of the most important things to check because these are areas where decentralised exchanges sometime do worse than centralised ones. To check the reputation and security of a dex I would recommend you look for news articles, endorsements and detailed reviews to get more details on how secure it is. If you can't find any information, it is best to avoid or at least proceed with caution. Also, having a good wallet and keeping your money in that whenever you are not trading is a good way to decrease your risks.

[DreamyKyoto]

Safety,security,low commission,transaction speed.These are the things i pay attention to.Currently I am using Polkadex as DEX. I recommend you to have a look

Another reason for Pdex too is privacy imo.Polkadex believes that traders are entitled to privacy. As a result, they've decentralized the KYC process for their users, allowing them to save their information in wallets rather than on their site.

[Alessandro_Narroni]

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.

[Theodosia]

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.

I also heard that Bitay has a launchpad, is that true?

[Alessandro_Narroni]

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.

I also heard that Bitay has a launchpad, is that true?

Bitay does not have a launchpad yet but i heard Bitay launches BitayX Launchpad, which allows its customers to buy tokens of the best projects early and cheap.

[Jamal Aezaz]

Hardware wallet and decentralized exchanges like Uniswap etc. Never leave your crypto on an exchange during a bear market. Some of us leave some for swing trading but our big moon bags are all self custody meaning hardware wallet. This means our crypto amounts are on the blockchains and only we have the keys to it. Even if the exchanges go bankrupt we are fine bc our crypto keys are ours not the exchanges.

[jamadrianne]

On a DEX, liquidity is essential for effective trading. Better price execution and narrower spreads are the results of more liquidity. Examine the breadth of supported assets, trading volume and liquidity pools offered by the DEX. To draw liquidity providers, certain DEXs could provide market making or liquidity incentives.