Header banner
Revain logoHome Page
Aman Arora photo
Amritsar
4 Level
146 Review
324.75 Karma

Review on IDEX by Aman Arora

Revainrating 4 out of 5

Idex New Interface provide speed and more wallet connect options

Using Idex was my first experience to use Idex platform couple of years back. I like the decentralize way of trading as it never expose your assets or there is no fear of keeping assets at exchange.

Idex has improved a lot as there was only option available at that time to import your ether wallet and then deposit coins to exchange and then trade and repeat the process. But with new UI there is no hassle as you can easily connect to exchange through metamask and trust wallet including other ways of importing your wallet.


Best part of idex is speed at which trades are executed and benefit if Centralized exchange with complete knowledge of latency of order book which is not available on uniswap or any other Dex exchange.

Couple of flaws as exchange completely a ether based platform and no fiat deposits available but it is just a matter of time when we see lot more options to facilitate traders.

Low trading fees for 0.2 for takers and 0.1% for makers & lot of high liquidation coins and staking pools to enjoy. 



Pros
  • Idex is dex platform with easy to use interface and highly latent order book
  • Lot of options to connect wallets and better execution of orders
  • Low fees as compare to other DEX platforms
Cons
  • Lot less deposit options as fiat deposit facility is not available