Review on PoloniDEX by Inioluwa Okedeji
PoloniDex: A Decentralized Cryptocurrency Exchange Specifically Designed To Trade Tron-Based Tokens Easily.
PoloniDex is a decentralized exchange specifically developed for the Tron ecosystem. The exchange covers all tokens present on the Tron blockchain making it easy to transact and trade these tokens.
As we know that the Tron blockchain is famous for its low transaction fees and swift transaction time, the establishment of a decentralized exchange to trade its tokens will draw more attention. This exchange is also said to be a subsidiary of the Poloniex exchange which operates centralized governance unlike the PoloniDex which is decentralized.
Recently, while going through the exchange platform i discovered that more tokens have just been listed on the exchange, this shows the growth and expansion of the platform. With the newly listed on tokens increasing the number of tokens tradable on the exchange, it also ensures that users will have more opportunities to trade and increase their assets with different varieties of tokens.
With the interface of the exchange simple and attractive, I had no difficulty exploring the platform. The platform also supports four languages which made it easy for me to understand and navigate the platform easily, I believe the same will be the case for other users.
Pros
- It is a decentralized exchange platform with good customer service support.
- It makes it easy for investors and enthusiasts of Tron projects trade their tokens without visiting other exchanges outside the ecosystem.
- There are multiple trading pairs available on the exchange which allow users to select from a wide range of tokens.
- For Tron trading, there are no fees attached and other tokens are attached with cheap, minimal, affordable transaction fees.
Cons
- Trading pairs on the exchange are limited to Tron-based tokens although I don't see it as a disadvantage because the exchange was designed specifically for tron-based tokens.
