Review on DDEX by Adedayo Adeniji
DDEX
DDEX is a decentralized cryptocurrency exchange as it is denoted in its name, US users are allowed to make use of its services.
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DDEX can be accessed on Android and iOS mobile devices, you can do decentralized margin trading with Ethereum and Bitcoin up to 5x leverage, you can lend to earn interest as well.
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DDEX offers instant and transparent borrowing, you can also make use of limit and stop limit orders. Its smart contracts are professionally audited for security.
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DDEX charges a flat rate of 0.10% for its trading fee, it also offers the maker rebate which means free trading fees and a reduction in fee for users holding a minimum of 10000 Hydro Protocol token.
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DDEX does not charge any withdrawal fee which is its highest competitive value as an exchange. It only accepts cryptocurrency deposits and no fiat.
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DDEX exhibits its decentralized features well and I encourage anyone and everyone to try it out.
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Pros
- It charges a flat rate for trading fees of 0.10%
- It doesn't charge any withdrawal fees
- It is decentralized
- It allows US users
Cons
- It only supports few coins
- It doesn't accept fiat deposit
