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Author Topic: Polkaswap vs. Polkadex  (Read 12042 times)

Offline Whiplash

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Re: Polkaswap vs. Polkadex
« Reply #30 on: December 20, 2021, 09:26:19 AM »
Polkadex has a transaction rate of 500K per second with a latency of less than a millisecond.Seems like a pretty high transaction speed compared to other platforms.
I have just checked transaction speeds of other platforms.BTC 7,ETH20,Paypal 193,Visa 24K and Polkadex 500K which is huge than others.

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Re: Polkaswap vs. Polkadex
« Reply #30 on: December 20, 2021, 09:26:19 AM »

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Offline Judith_Lance

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Re: Polkaswap vs. Polkadex
« Reply #31 on: December 23, 2021, 08:55:35 AM »
Polkadex has a transaction rate of 500K per second with a latency of less than a millisecond.Seems like a pretty high transaction speed compared to other platforms.
Polkadex has a transaction rate of 500K per second with a latency of less than a millisecond.In addition, the other Polkadex feature that caught my attention was zero gas fee.

Offline Cryptomind0029

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Re: Polkaswap vs. Polkadex
« Reply #32 on: December 26, 2021, 07:32:22 AM »
DOG$ Company with an innovative approach, a very interesting road map! The company found its place among all the competitors!

Offline Cryptomind0029

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Re: Polkaswap vs. Polkadex
« Reply #33 on: December 26, 2021, 07:40:46 AM »
DOG$ is an excellent project with an incredible team and the supporters. It is a project and a good promising one.

Offline Matt_Aniston

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Re: Polkaswap vs. Polkadex
« Reply #34 on: December 28, 2021, 09:53:47 AM »
Limit and market orders are both supported by Polkadex. Market-taking orders carry a 0.2 percent trading cost, whereas market-making orders have no trading expenses, according to the lightpaper.
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Offline Mathias_Ordanno

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Re: Polkaswap vs. Polkadex
« Reply #35 on: December 30, 2021, 10:08:24 AM »
I think that the concept of decentralization will become much more widespread and preferred. So in Polkadex,traders can delegate their assets to a third-party asset manager using Polkadex Orderbook to profit from algorithmic trading without entrusting the third parties with complete control of their assets.

Offline Seth_Cooper

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Re: Polkaswap vs. Polkadex
« Reply #36 on: January 01, 2022, 09:13:18 AM »
Before Polkadex becomes a parachain, users can buy and trade any ERC-20 tokens and other Substrate projects.

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Re: Polkaswap vs. Polkadex
« Reply #36 on: January 01, 2022, 09:13:18 AM »


Offline Fingolfin

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Re: Polkaswap vs. Polkadex
« Reply #37 on: January 03, 2022, 11:13:02 AM »
Before Polkadex becomes a parachain, users can buy and trade any ERC-20 tokens and other Substrate projects.
That's true. Polkadex is a decentralized exchange built on a Substrate-based Orderbook that goes beyond the standard swap protocol.

Offline Pandora199

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Re: Polkaswap vs. Polkadex
« Reply #38 on: January 05, 2022, 08:38:25 AM »
So Seth, we can say that as a result, just like on most centralized exchanges, Polkadex users can not only swap tokens but also place market orders and limits in the Orderbook exchange to execute trades at specific price points automatically, trade their crypto assets for fiat, and delegate their crypto assets to third parties to profit from advanced trading features like bot trading.

Offline Feraye_deniz

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Re: Polkaswap vs. Polkadex
« Reply #39 on: January 07, 2022, 09:14:02 AM »
I saw that in the Polkadex Orderbook, fiat currencies are supported. Traders can easily purchase cryptocurrency using a credit card.That's a good opportunity.

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Re: Polkaswap vs. Polkadex
« Reply #40 on: January 08, 2022, 08:51:54 AM »
So Seth, we can say that as a result, just like on most centralized exchanges, Polkadex users can not only swap tokens but also place market orders and limits in the Orderbook exchange to execute trades at specific price points automatically, trade their crypto assets for fiat, and delegate their crypto assets to third parties to profit from advanced trading features like bot trading.
And all this on a decentralized platform? Polkadex seems to feel solid :))

Offline Vancouver

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Re: Polkaswap vs. Polkadex
« Reply #41 on: February 19, 2022, 10:25:31 AM »
I've been following Polkadex's studies to become Parachain for a while. Polkadex becomes a parachain it will be able to connect to any other parachain and the Polkadot network itself to start sharing assets in a trustless way.Polkadex Crowdloan is now supported by MEXC Global and MEXC users can now loan their DOT to help Polkadex secure a parachain slot

Offline jonathancool220

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Re: Polkaswap vs. Polkadex
« Reply #42 on: February 23, 2022, 02:57:47 PM »
I don't know much about these two platforms so I immediately turned to Coinmarketcap for a good comparison.
Polkadex is preferred because I see the ranking from Coinmarketcap which is quite different between Polkadex and Polkadswap.
I am also sure that Polkadex is often used more by investors than Polkadot coins because of the large trading volume and very diverse features.

Offline NathanChen

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Re: Polkaswap vs. Polkadex
« Reply #43 on: February 25, 2022, 10:20:15 AM »
I've been following Polkadex's studies to become Parachain for a while. Polkadex becomes a parachain it will be able to connect to any other parachain and the Polkadot network itself to start sharing assets in a trustless way.Polkadex Crowdloan is now supported by MEXC Global and MEXC users can now loan their DOT to help Polkadex secure a parachain slot
Among the partnerships made to contribute to Crowdloan, I saw that in addition to MEXC, Kucoin and Gate were also contribute options.In addition to Base reward, Polkadex offers up to 10% extra bonus when contributing through exchanges

Offline Sunflower

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Re: Polkaswap vs. Polkadex
« Reply #44 on: March 06, 2022, 09:50:16 AM »
I saw that Polkadex's native token PDEX is now available on AscendEX. PDEX staking will also be supported by AscendEX, allowing PDEX holders to earn interest on their PDEX.

 

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