Leverage And Margin Trading On DEXs.

[MetaAttorney]

It is really amazing how the CryptoSpace is evolving, both centralised and decentralized exchanges strive to complement the other by providing almost similar services to traders all in one suite.

In a similar vein with CEXs, DEXs now provide some form of margin trading with leverage to cater to traders. Being a derivatives enthusiast, I'm striving to get a few recommendations about platforms tailored along this line.

I'll appreciate if y'all drop a few in the comments.

[akeemqaz]

For me, I recommend CEX trading . The first time I tired leverage margin on Dex. I was charged more than 100 usd fee for opening position for more than a week. That's huge. But with CEX, I've never face such huge charges.
Although DeFi and DEX trading has thier own advantages because you own your funds even if the exchange or DEX app stop working, you can get out your fund just by interacting with the smart contract.

[Crypto Fella]

It is really amazing how the CryptoSpace is evolving, both centralised and decentralized exchanges strive to complement the other by providing almost similar services to traders all in one suite.

In a similar vein with CEXs, DEXs now provide some form of margin trading with leverage to cater to traders. Being a derivatives enthusiast, I'm striving to get a few recommendations about platforms tailored along this line.

I'll appreciate if y'all drop a few in the comments.

Since you are into derivatives, you could just keep tabs with coinmarketcap and maybe coingecko to find out about this since they give frequent updates about Cex and Dex and the coins traded there both touching their volumes. I have recently read about Aark to be distinguishing itself as the sole platform offering high leverage derivative trading, a good thing, but you need to beware of the risk as well, and maybe because they have their tokens created, they decided to go that rout, and Bitget recently listed them, so you can just DYOR not to get burnt.

[target]

Is it just an app? I tried visiting its cryptospace website and its down. It haven't been a sucess because it isn't popular yet. It will be cool if it'd be vouched by famous personality in crypto but as of now it will be difficult to see new exchange to rank up.

We don't see this kind of dex offering futures market in the past. But it would be great to see the success of this dex.

[hugeblack]

DEXs came to solve the problem of the difficulty of listing on CEXs and some problems of availability of liquidity and decentralization, but due to the high fees and gas costs and the difficulty of providing the liquidity needed to execute orders, implementing solutions such as margin trading with financial leverage will be difficult on any truly decentralized platform.