Review on EtherDelta (ForkDelta) by Amos joseph
EtherDelta
EtherDelta Overview
There is need for much improvement in centralized exchange platform this need for improvement, made group of expert in programmable language device a more advanced and technical means of overcoming this short comings.
EtherDelta is an open source decentralized exchange platform for users to connect their wallet of hard storage ledger using nano s ledger users can connect directly to the decentralized blockchain and directly trade their token.
Users can import account using metamask wallet or create account directly from the official webpage and start trading.
EtherDelta is an ethereum base exchange which makes payment and transaction fee to be processed base on gas fee, transaction fee on the platform is quite considerable will low fee of 0.3% commission, multiple ERC20 token can be traded as pairs.
Conclusion
Although EtherDelta exchange was once prone to attack, it has stood up to deliver best service to it users since trading involve lot of risk I'd advise interested users to use and trade with asset they can afford, base on my carried out research no much complaint from users about the exchange service, which makes it a recommended platform for users to connect with their wallet and conduct trading activities.
Connecting with wallet actually reduce the risk of loosing fund as you're in absolute control of all your capital.
Pros
- Open source decentralized exchange base on ethereum blockchain, for users to connect directly using their wallet and trade with easy
- Low trading commission
- Offers multiple ERC20 token for trading pairs
Cons
- EtherDelta to many unpopular token are listed
