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IDEX Review

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Revainrating 3.5 out of 5  
Rating 
3.6
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Description of IDEX

What Is IDEX? IDEX positions itself as the first hybrid liquidity DEX, combining an order book model with an automated market maker. That gives the exchange the features of a traditional order book while leveraging the liquidity and security of an AMM. It also uses an on-chain trade settlement and an off-chain trading engine. Therefore, there are less failed trades and money wasted on gas fees. IDEX aims to provide users with a more pleasant and efficient trading experience. Moreover, the instant execution on the exchange prevents front running and sandwich attacks. Users trade without the delay of previous trade settlements, which opens up the possibility of more advanced order types and trading strategies. Limit orders and arbitrage opportunities with other exchanges are also open to customers. Liquidity on the exchange comes from the automated market maker, which displays virtual limit orders in the order book, same as the actual limit orders to visualize liquidity. The exchange uses smart contracts to decentralize fund custody and trade settlement. The smart contract triggers trade execution off-chain but settles the trades on-chain, thereby enabling the order book model. It also acts as an escrow and restricts fund movement until the settlement is finished. Sequential trading and a special function in the smart contract ensures that funds cannot be restricted indefinitely. Moreover, the smart contract enforces ownership and authorization, meaning users maintain custody and can make markets without additional infrastructure. Who Are the IDEX Founders? Alex and Phil Wearn are the founders of IDEX. The brothers previously worked for major companies like Amazon, IBM, and Adobe. In total, the IDEX team is over 30 people strong. When Did IDEX Launch? The exchange launched in 2017, with a 2.0 version going live in the fall of 2020 after IDEX closed a $2.5 million seed round investment. Where Is IDEX Located? According to LinkedIn, the exchange is based in Panama. IDEX Restricted Countries IDEX complies with sanctions regulations and anti-money laundering policies. No use is allowed for customers from Iran, North Korea, Cuba, Syria, Crimea, New York State, and Washington State. Furthermore, the exchange requires users to complete a KYC process. IDEX Supported Coins List The exchange supports futures trading of all the major cryptocurrencies and ERC-20 tokens. How Much Are IDEX Fees? The exchange levies a 0.25% fee on takers. 0.2% is sent to liquidity providers, and 0.05% is collected as protocol fees. At the time of writing, there is no maker fee on this exchange. Is It Possible To Use Leverage or Margin Trade on IDEX? The exchange is currently working on enabling leverage trading in the future.
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Reviews

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Type of review

Revainrating 3 out of 5

Idex in a world where centralized exchange continue

The trade has two diverse ways of being gotten to, which depends on the utility IP address for the zone where it is found. The incredible things on the off chance that this benefit is that it is quick, and has given incredible security to clients. It has been never hacked, which brings great news to its notoriety. The conventions here work in an unexpected way since they comprise of proficient inside specialists that make it see like something with tall capabilities.  On the other hand, the…

Pros
  • security, protocols
  • protocols
  • good attention to users.
  • Supports 6 languages
Cons
  • Withdrawal limits of 0.2
  • not support flat Currencies

Revainrating 4 out of 5

Trade influences are based on targeted offerings

Exchanges without compromising security or "joining the world's driving trade" are the most popular motorcycles used by almost all organizations that facilitate trade. Advertising is not about phenomena or creativity. A worrying idea is the ability to look for and promote managers. The input is a billing address depending on the IP programming at your destination. Surprisingly, the guarantor can be very fast and provides excellent guarantees to buyers. now they decide to oversee the work openly

Pros
  • Low exchange costs It is very simple to use
Cons
  • No problems

Revainrating 5 out of 5

IDEX CRYPTOCURRENCY EXCHANGE PALTFORM

“Negotiate with out compromising on protection” or “Become a part of the worldwide marketplace leader” are only some of the maximum famous bikes utilized by nearly all sellers and provide the buying and selling network many enterprise opportunities. Advertising isn't taken into consideration uncommon or innovative. Concerned Idex, employers have made too touchy gives to shop for and promote withinside the scope of the opportunity of making them. Access relies upon at the IP software withinside…

Pros
  • The provider relies upon at the token of the platform to be non-compulsory in case of liquidity despite the fact that the actual mission is to make a contribution to the boom of the marketplace.
  • It is going to some other degree of professionalism way to the mixing of measured virtual resources, and a unique set of protocols.
  • Great assist from the employer in addition to true interest is given for users.
  • Platform with countable capabilities that relies upon on traits in particular covered for the protection, protocols, and the outside channels of buying and selling.
Cons
  • None

Revainrating 3 out of 5

IDEX exchange with nice user interface.

IDEX is an trade platform in which customers can alternate digital belongings to different currencies, it additionally gives customers the capacity to ship and acquire cryptocurrency from different systems in a quick and steady way, in phrases of security, it has Two-element authentication technology, QR code and identification verification to defend the identification and belongings that customers have. IDEX accepts a huge kind of cryptocurrencies consisting of ERC-20s, which a number of the…

Pros
  • Low transaction fee
  • It's very easy to use
  • Nice user interface.
Cons
  • No negative reviews for now

"Exchange without compromising security" or "joining the world's driving trade" is the most well-known motto used by almost all organizations that provide a high-exchange trading system. Follow a similar example of development and it seems like something normal or inventive. At the expense of Idex, it is an organization that offers high-level administrative exchanges. There are two new strategies in one exchange, and it depends on the IP address that is useful for the zone found. It’s amazing…

Pros
  • One Thea has wallets that make it easy and convenient to store assets
  • Great support from the company and good attention to users.
  • There are different types of token-based tokens that can be traded
Cons
  • KYC did not approve
  • Help is based on the symbol of the scene

"Exchanging without bargaining security" or " join to the world's driving trade" are only the absolute most acclaimed motos utilized by practically all organizations that give a trade network high probabilities of exchanging. The follow a similar example of advancement, and that is seen like something normal nor inventive. On account of Idex, this is an organization committed to offering exchanging administrations with high receptivity the highlights that it is outfitted with.  The

Pros
  • Stage with countable highlights that relies upon characteristics uncommonly included for the security, conventions, and the outer channels of exchanging.
  • Extraordinary help from the organization just as great consideration is given for clients.
  • It goes to another degree of polished skill on account of the incorporation of estimated advanced assets, and a unique arrangement of conventions.
Cons
  • The help relies upon the badge of the stage to be discretionary if there should be an occurrence of liquidity albeit the genuine errand is to add to the development of the market.

Revainrating 3 out of 5

Platform for Trading that Depends of the Services its Token Offers

"Trading without compromising security" or " join to the world's leading exchange" are just some of the most famous motos used by almost all companies that provide an exchange network with high probabilities of trading. The follow the same pattern of promotion, and that's seen like something common nor innovative. In the case of Idex, this is a company dedicated to offering trading services with high receptivity in the features that it is equipped with. The exchange has two different ways of…

Pros
  • Platform with countable features that depends on qualities specially included for the security, protocols, and the external channels of trading.
  • Great support from the company as well as good attention is given for users.
  • It goes to another level of professionalism thanks to the integration of measured digital resources, and a special set of protocols.
Cons
  • The service depends on the token of the platform to be optional in case of liquidity although the real task is to contribute to the growth of the market.

Revainrating 5 out of 5

REVIEW ON IDEX DECENTRALIZED EXCHANGE

Idex in a world where centralized exchange continue to experience momentous hack time to time again, decentralized exchange has come to renegade such problems among the decentralized exchange. The IDEX decentralized exchange which has come to being since 2017. The exchange has a lot of service provided on it and act as a centralized exchange by in. Exchange wallet of which the user held the private key making the wallet a decentralized one in some sort. It's '' no middle man '' style of crypto

Pros
  • Easy to use, simple, fast and secure
  • It list many of the ERC 20 tokens
  • No fake volume
  • Fast transaction
Cons
  • Creating an account required
  • No chance of recover lost wallet
  • No KYC verify

Revainrating 4 out of 5

IDEX

IDEX is a decentralized exchange platform with support for multiple ERC20 pairs with over 300+ trading pairs solely centered on ERC20 token since most blockchain project prefer using ERC token as their project token. IDEX took advantage of these and target such project to integrate and list such token for traders and investors to conduct transaction, exchanging, easy swapping of such token easily directly from the exchange platform. IDEX provide fast transaction speed with considerable fee on…

Pros
  • Decentralized exchange platform with users support to connect their ERC base wallet with user control
  • Support multiple ERC token
  • Fast and easy access to ERC base pairs
Cons
  • IDEX face high competitive market

Revainrating 3 out of 5

An Expensive Decentralized Exchange

The Idex Exchange is a Decentralized Exchange hub for ERC-20 compliant tokens and has been in existence since 2017. As at my time of writing, the exchange has a volume of $380,000 which is a bit impressive for a Decentralized Exchange. The exchange has a number of ERC-20 tokens being traded in it's exchange but liquidity isn't provided There is a higher influx of inactive pairs on the exchange which makes the exchange not an ideal option for me. Among a number of over 150 pairs, as at my time

Pros
  • Has a standby Live support team
  • Supports 6 major languages
  • Has an inbuilt wallet of which the users are in control of their private keys
Cons
  • There are so many inactive currency pairs on the exchange
  • Trade fees of 0.1% for the market makers and 0.2% for the market takers and an inclusion of gas fees paid by the taker is too high for a Decentralized Exchange
  • Withdrawal limits of 0.2 Eth worth of tokens is also considered high in my opinion

Revainrating 3 out of 5

IDEX exchange for all ethereum based token

Idex exchange is an Ethereum based exchange that has its own token known as 'aurora'. It offers a wide array of ethereum based tokens numbering into about 300. The exchange is well secured as all funds are held in smart contract in the ethereum blockchain. No wonder it does not have any record of hacking yet. Also users have full control over their funds as Idex Platform cannot access user's funds unless it is permitted by the user via the cryptographic signature and private keys which are…

Pros
  • The exchange has integrated wallets that facilitate convenient and easy storage of assets
  • It offers regular promo through which it's token 'aurora' could be earned
  • It is highly secured
  • Investors has full control over their funds
  • There are wide varieties of ethereum based token that can be traded
  • Very reliable customer support and extensive guide via the FAQ section of the platform
Cons
  • Deposit is only through cryptocurrency
  • Does not support flat Currencies
  • Only ethereum based Currencies are supported

Revainrating 4 out of 5

IDEX.

IDEX is a decentralized exchange platform so that users can send and receive tokens quickly and easily, this wallet has the possibility for users to link it with a hardware wallet such as Metamask so that the operations and transfers made by users are do it easily and quickly as well as reduce your fee in commissions so that users do not have a loss. This exchange has a great interface that is very easy to use for users who have less experience on digital platforms.

Pros
  • It has a lot of competition in the digital market.
  • It can be linked with digital wallets.
  • Supports a wide variety of ERC-20 tokens.
Cons
  • The wallet has some limits on its operations.

Revainrating 4 out of 5

IDEX a cryptocurrency based on Ethereum.

IDEX is a decentralized cryptocurrency platform, that is based on Ethereum. IDEX gives users the opportunity to change their digital assets to other currencies. IDEX has it's own token which is name AURORA. Holders of this token can earn a share of fees produced by idex, and from future products invention. IDEX supports varieties of standard ERC20 wallets, and due has a very intuitive interface, which makes it easier for new investors to trade on it.

Pros
  • Idex has a very good customer support team, and they can be reached on Twitter and telegram.
  • IDEX has an intuitive interface, which makes the platform easier for use, it is fast and secured.
  • It is a decentralized exchange based on Ethereum, and it offers its services to users all around the world
  • IDEX does not have access to their clients funds, users has full control ofor there wallets.
Cons
  • Idex does not support fiat currency.

Revainrating 4 out of 5

My idex review!

Idex exchange is a peer to peer or decentralized crypto currency platform. this means idex operates to bring together customers without storing their assets on the exchange as happens in centralized exchanges that store user funds in cold wallets and hot wallets. In idex, users have full control over their own passwords, wallets and transactions so that they are claimed to provide more security and privacy than centralized exchange. Of course this makes me like idex more than centralized…

Pros
  • I have been using this exchange for a few years and never experience bad things about security
  • Decentralized platform with regulated system
  • Completed trading pairs ( over 400 alt pairs )
Cons
  • Idex need to improve the website stability and speed
  • There is a lot of inactive project with zero volume still trading in idex

Revainrating 3 out of 5

Review decentralized exchange IDEX

The world's largest decentralized exchange for exchanging ERC-20 tokens -IDEX, this exchange through smart contracts can allow buyers and sellers to exchange tokens via personal wallets. Many ERC-20 tokens are listed on exchanges so investors can choose to trade. The advantage of IDEX is decentralization when users fully hold the token in their own wallet.

Pros
  • IDEX lists a lot of ERC-20 standard tokens on this platform
  • Users are trading on a peer-to-peer basis, the nature of the exchange is decentralized. Users fully hold ERC-20 tokens in their own wallets
  • Supports a variety of standard ERC20 wallets as well as extensions like Metamask, Ledger nano
  • simple and easy to use
Cons
  • Small trading volume and low liquidity
  • The difference between buy order and sell orders is large

Revainrating 4 out of 5

Idex

Treasury This is a very good cryptocurrency exchange, it offers services such as being able to buy cryptocurrencies with fiat currency, but there is something that disadvantages it is only possible to operate in the Asian continent, especially in China, which makes it very attractive to the already isolated public This platform is very good, it is also in the world center of the digital world, there are the best communities of operators and the stock market is greater than in the rest of the…

Pros
  • you can buy cryptocurrencies with local currency
  • liquidity in transactions
  • very good security
  • optimized interface for users
Cons
  • -only operates in japan

Revainrating 3 out of 5

IDEX

IDEX It is an excellent platform inspired by the ethereum blockchain, It has a very easy interface to manage for the user, offering multiple ways to trade with the ERC20 tokens. Using decentralized commerce making it popular today as multiple users are attracted to this kind of platform, It has the majority of ERC20 tokens accepted and listed in its extensive list, this platform offers everything that ethereum users need and use in their day to day In most token exchange

Pros
  • One of the most popular platforms by ethereum users
  • Most ERC20 tokens on your list
Cons
  • You won't be able to get your wallet back if you lose it

Revainrating 3 out of 5

IDEX

This exchange platform has the particularity of being able to match any ethereum wallet in order to have easy access to the assets to trade and safeguard them in it, this platform has a very good security to not have losses or be hacked as with decentralized transactions to the ERC20 tokens, since they are the most popular in their lists, being very popular by the majority of its users, this platform has a very easy registration and can carry out transactions with ease since its interface is…

Pros
  • Good services in transactions
  • Easy to use
Cons
  • No chance to recover lost wallets.
  • Minimum Trading Limit is too high

Revainrating 3 out of 5

The largest decentralized exchange of ERC20 tokens

It is a large decentralized trading platform of ERC20 tokens, it was developed based on the Ethereum blockchain using smart contracts that allow users to manage their own wallets and they can trade directly at wallet. The standard ERC20 wallets it supports include Myetherwallet, Metamask, users fully holding token .IDEX combines centralization speed with blockchain payment security. They have listed various types of ERC20 tokens on their platform.

Pros
  • Users do not need to create an account, they only need to import wallets containing ERC20 tokens or they can create a new wallet on IDEX
  • Decentralization allows users to hold their tokens
  • The transaction speed is fast because this is a decentralized exchange
  • It lists many of the ERC20 tokens
  • It supports multiple languages ​​including English, Chinese, Spanish, Korean, and Vietnamese
  • Support a number of transaction areas with the ERC20 stablecoin
Cons
  • The customer care system is not good
  • The trading volume is low and the liquidity is not high
  • High transaction fees

Revainrating 4 out of 5

IDEX

IDEX is an exchange platform where users can change digital assets to other currencies, it also offers users the ability to send and receive cryptocurrency from other platforms in a fast and secure way, in terms of security, it has Two-factor authentication technology, QR code and identity verification to protect the identity and assets that users have. IDEX accepts a wide variety of cryptocurrencies including ERC-20s, which among the best known have Bitcoin, Litecoin, Dash, NEO and other 100…

Pros
  • Accepts a wide variety of ERC-20 cryptocurrencies.
  • It has a very easy and intuitive interface for users with less experience.
  • The fees that this exchange platform has are low compared to other exchanges.
Cons
  • Does not accept fiat currency.