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Review on DragonEX by Ulrike Kuefer

Revainrating 4 out of 5

DEXs do not have custody of users’ funds, thus reducing the risk of being…

DEXs do not have custody of users’ funds, thus reducing the risk of being hacked and enhancing the security level. Except for this common feature, different trading mechanisms will lead to totally different user experience and even increase the trading cost significantly in the long term



Pros
  • The Dragon Corp has a very simple business proposition – its ERC20 token, DRG, will be used to gamble at any of its casinos. More accurately, the blockchain-based DRG coins will first be exchanged for physical DRC coins which in turn are used as chips at its casino tables. Token holders, however, will also be able to use the tokens to watch movies and sport.
Cons
  • If you are looking for a robust DEX, you can refer to our comparison table found in this article. Understanding the differences between DEXs thoroughly may possibly help in saving your time and money. We made some comparison of several popular DEXs, including JOYSO, EtherDelta/ForkDelta, IDEX, Bancor, Kyber Network, OasisDex, Airswap and the relayers of 0x Protocol and R1 Protocol.