Review on Neblidex by Killer Bean
Neblidex Exchange, my experience
Powered by Atomic Swaps Technology, Neblidex is a recently launched decentralised exchange that allows you to trade various cryptocurrencies without any payment gateway. The Exchange is an open sourced one, so everyone has access to the codes and can report a bug to the developers of the exchange. The exchange allows you to trade with stablecoins USDC and DAI and even has a powerful trading API for market making and bot trading. Basically, you don't need to sign in to use this exchange, this means that users anonymity will be greatly enhanced hence making it a non custodial exchange since users funds are left in their control. I did not use this exchange for any form of trading as it looked inactive and I wasn't ready to risk my little investment (funds). The exchange had its last twitter post a long time ago and the telegram group has been inactive also. Any new development about this exchange will be followed up in my update about the exchange.
Pros
- The exchange is decentralized, meaning its servers are also decentralised
- The exchange has a nice interface
- It is an open sourced exchange
- The exchange gives you full control over your funds
Cons
- The exchange's telegram group has been inactive for quite a while
