Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Decentralized Exchanges (DEX) => Topic started by: Gposas on January 11, 2022, 07:55:12 PM
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Amongst all the decentralized exchanges which is most popular and reliable?
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These days i see a lot of comments about Polkadex. Polkadex is a fully decentralized peer-to-peer Orderbook-based cryptocurrency exchange for the DeFi ecosystem and so far, what they have presented to the user does not look bad.
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If everything goes fine and they're still continue to list quality projects like IOEN etc, pancake swap will be the most popular as always. Their platform is solid af and easy to use tbh.
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I think Nomiswap shows real promise
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Well I'm not sure about popularity but I've been following DexFin for a while and I believe their platform seems very user-friendly. It seems to be a good pick for managing digital assets easily.
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Uniswap and pancakeswap are still the most popularly used decentralized exchanges in the space, however, pancakeswap have more visits which can be attributed to the low transaction fee whereas uniswap makes more trade in dollar than pancake. Uniswap is more of the rich traders decentralized exchange.
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Amongst all the decentralized exchanges which is most popular and reliable?
In addition to top exchanges, in my opinion Polkadex, the name that is preparing to be another great candidate. Polkadex's primary purpose is to bridge the gap between decentralized and centralized exchanges by providing the best trading experience for all types of crypto traders
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Of all the variety, I chose 3 for myself. These are Biswap, Apeswap and PancakeSwap. I think you still need to pay attention to Noviswap. Biswam and Pancake are already trading on Binance. I think we will see Apeswap on Binance soon.I think that these dexs will be in the first places for a long time.
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Amongst all the decentralized exchanges which is most popular and reliable?
As a matter of facts, many of the Dex exchanges out there are very reliable, and are good to trade several coin/tokens. Some of the most popular Dex exchanges are, Uniswap, pancakeswap, 1inch etc. The old Dex exchanges, like IDex, tokenstore etc are very few and some of the has change to the Swap Dex exchange model or patterns.
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Pancakeswap is the best Decentralized Exchange platform in world right now. Pancakeswap exchange platform activities are transparent, reliable, fast and secured without the involvement of any intermediaries or third-party.
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Beside Uniswap and pancakeswap exchanges popularity, Idex is still one of the best Dex exchange before the launch of the Uniswap and pancakeswap. I think polkadex, Biswap, 1inch exchanges are still popular among many other exchanges out there
in additions, the popularity of some these Dex exchange depend largely on the earlier launched, the marketing/promotion of the exchange plus the cost of trading transactions.
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Amongst all the decentralized exchanges which is most popular and reliable?
The only dex that I used was Biswap and Pancakeswap, but most of the time Biswap because sometimes there is a high charge fee in pancakeswap based on my experienced to this platform, Other than this platform none, although I know there are many of them now. Why did you ask anyway?