Review on TomoDEX by Pedro O. Alvino M.
DEX exchange based on the TomoChain network.
Exchange from the TomoChain project, presents a decentralized crypto-asset trading system in which it also includes a loan system with various interest payment terms.
The exchange's app design is well configured, in which it encompasses various crypto asset price analysis tools with graph included, so that the exchange works with an order book mechanism, on which the exchange's network is based. on the TomoChain network, so the processing itself is equivalent to the speed of the TomoChain network.
One of the aspects to consider in the exchange when operating is the lack of listed crypto assets and the lack of liquidity that it processes, so it will be difficult for operators in the TOMO currency to process their orders quickly, in the one that also its loan service presents lack of requests on the part of the lenders and borrowers.
Pros
- You do not need a registration to trade on the exchange.
- Protects your network through a network made up of masternodes.
- It has a decentralized sports market and loan service.
- It has an app for mobile devices and a desktop version for experienced traders.
- It has a series of tutorial videos on the operation of the exchange.
Cons
- The exchange has very few currencies listed.
- The liquidity of the exchange is on the ground.
