Review on IDEX by toan van
The largest decentralized exchange of ERC20 tokens
It is a large decentralized trading platform of ERC20 tokens, it was developed based on the Ethereum blockchain using smart contracts that allow users to manage their own wallets and they can trade directly at wallet. The standard ERC20 wallets it supports include Myetherwallet, Metamask, users fully holding token .IDEX combines centralization speed with blockchain payment security.
They have listed various types of ERC20 tokens on their platform.
Pros
- Users do not need to create an account, they only need to import wallets containing ERC20 tokens or they can create a new wallet on IDEX
- Decentralization allows users to hold their tokens
- The transaction speed is fast because this is a decentralized exchange
- It lists many of the ERC20 tokens
- It supports multiple languages including English, Chinese, Spanish, Korean, and Vietnamese
- Support a number of transaction areas with the ERC20 stablecoin
Cons
- The customer care system is not good
- The trading volume is low and the liquidity is not high
- High transaction fees
