Review on IDEX by phuong cong
Review decentralized exchange IDEX
The world's largest decentralized exchange for exchanging ERC-20 tokens -IDEX, this exchange through smart contracts can allow buyers and sellers to exchange tokens via personal wallets. Many ERC-20 tokens are listed on exchanges so investors can choose to trade. The advantage of IDEX is decentralization when users fully hold the token in their own wallet.
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Pros
- IDEX lists a lot of ERC-20 standard tokens on this platform
- Users are trading on a peer-to-peer basis, the nature of the exchange is decentralized. Users fully hold ERC-20 tokens in their own wallets
- Supports a variety of standard ERC20 wallets as well as extensions like Metamask, Ledger nano
- simple and easy to use
Cons
- Small trading volume and low liquidity
- The difference between buy order and sell orders is large
