Review on DDEX by Robiul Islam
Is DDEX exchange suitable for all types of traders?
It utilizes a mixture model decentralized exchange, likewise portrays itself as a most developed margin trading platform. It likewise takes into account loaning, where interest rates are consequently set dependent on supply and demand.
It characteristically offers some key security focal points over centralized platforms. You don't need to stress over giving up control of your assets or your wallet private keys to the exchange. All things considered, the cryptos you trade are exchanged from your wallet to the wallet of the individual on the opposite finish of the transaction.
It is likely the most easy to understand decentralized exchange for ether based tokens. In any case, now due to higher ether gas fees, the volume on decentralized exchanges is a bit lower. I'm also currently avoiding decentralized exchanges.
DDEX is definitely a great and popular exchange based on their services but it is never a suitable exchange for beginners, However, DDEX lags behind when compared to other platforms for use.
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Pros
- Trading can be started with one click.
- You can connect with several wallets, including hardware wallets.
- Small trading fee and no other extra fees are required.
- You can quickly track activities in the notification panel.
Cons
- Volume and liquidity are relatively low.
- They have not yet provided the mobile application.
- It takes some time to get support from Telegram.
