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Jos
4 Level
122 Review
184.25 Karma

Review on Neblidex by Hassan Abdullahi

Revainrating 2 out of 5

Nice decentralised exchange, but be careful here

Neblidex, a freshly established decentralized exchange powered by Atomic Swaps Technology, allowing you to trade multiple cryptocurrencies without the use of a payment gateway. Because the Exchange is open source, anybody with access to the code can report an issue to the exchange's creators. The exchange supports trading with stablecoins USDC and DAI and even has a robust trading API for market creation and bot trading. Essentially, you do not need to sign in to use this exchange, which implies that users' anonymity is considerably increased, making it a non-custodial exchange because users' money remain in their possession. I did not trade on this exchange since it appeared idle, and I was unwilling to jeopardize my small deposit (funds). The exchange's last tweet was a long time ago, and the telegram group has likewise been dormant. Any new developments concerning this exchange will be reported in my exchange update.

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Pros
  • Well, being a DECENTRALIZED exchange, i already liked the platform
  • Users are anonymous here
Cons
  • The company doesn't look active anymore
  • The social media account are all dormant

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