Review on IDEX by Ibrahim Sunday
IDEX review, 2020
Smart contract, trading, arbiter processing engine all integrated in one
IDEX, it is everyday, regarded as the apex of technology in projects and it based on etherium smart contract and it is a decentralized platform which is seen as a secured form of platform in ever. Based on professional review, IDEX does not have access to its client fund
Talking about its functionalities, it is has an excellent comprehensible layout, it has a very good trading view.
Well though decentralized platform are most atimes over rated, but it is not arguable that centralized platforms are leading currently. But, IDEX is fully secured
Pros
- Idex is the very first etherium smart contract that supports trading
- Most people say it is the most advanced etherium smart contract.
- The platform supports most major languages in the world, it is accessible to most people in the world.
- Its trading fee of 0.2% is seen to be below the general arguable average of 0.25% that's for market makers, and market takers are charged 0.01%
Cons
- The only disadvantage I see about it is the fact that its trading volume fall from about 1.7million USD per 24hours, to about 300,000+ USD in march 2020. This left me with many questions, could it be a scam, what could make such a large decline in trade volume.?
- You can also only make deposits through crpto currency only. No credit cards
