Review on DEx.top by Danh Huỳnh Ngọc Công
DEx top - the dual-chain DEX for the future
DEx top is one of the first organization that offer a dual-chain DEX for trading on EOS blockchain and Ethereum blockchain. The website is secured, fast, and cheap to trade on. As it is at the very first stage of development, there are still some drawbacks that make the volume very low. Users may not prefer to this as a favorite exchange now.
Pros
- - DEx top has two decentralized exchange: one is for EOS and one is for Ethereum. - There is a high potential that more DEXs on other blockchains will be adopted
- - The trading section looks very similar to other Chinese centralized exchange. We can call these exchanges the DEX version II
- - Users' assets will be safely traded on this exchange as it is secured by Ethereum blockchain - the second most secure decentralized ledger in the world
- - Thanks to RoC (Replayed-on-Chain) mechanism, operations with the orders will be very quick and users don't have to wait for the network confirmation
- - DEx top is compatible with Metamask and many other mobile wallets such as Dapp Browser, Trust, iBitcome, or imToken. More wallet will be able to connect with the exchange in the future
- - The exchange's smart contract is written to reduce the gas that users have to pay. Function execution on this exchange will become significantly cost-efficient
- - The project publishes its source code on GitHub proving it is very transparent and open for community development
- - They are hosting many promotions to get their platform known by the public. Users can receive some rewards join them
Cons
- - There are limits on deposits and withdrawals which is a disadvantage comparing to other DEXs which let the users transfer any amounts of token to their wallets
- - The mutual problem of Chinese exchanges' designs nowadays is that the word fonts they choose is hardly suitable to the other parts of the page. I hope that they can read my words
- - DEx top only supports two languages including English and Chinese. The developers should add more languages to serve the potential customers
- - According to CoinMarketCap, the volume on DEx top is very low at the time of writing. Its liquidity is obviously not healthy
