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Lome, Maritime, Togo
5 Level
442 Review
122 Karma

Review on IDEX by Fanuel PORPORTY

Revainrating 4 out of 5

Will IDEX become the leader in DEX again?

IDEX, a leading decentralized exchange DEX, combines the technical capabilities and characteristics of a centralized exchange CEX with the security of a DEX to create an uncompromising trading experience. IDEX users benefit from low latency trade execution, standardized APIs, advanced order types and a matching engine capable of processing hundreds of thousands of orders per second.
Note that within the decentralized exchanges themselves, IDEX has not been the undisputed leader for more than a while. With the arrival of new, more interesting platforms for users like Uniswap, etc ... IDEX has lost ground. Despite the continued growth of decentralized exchanges, the large centralized players such as BINANCE, KRAKEN, HUOBI continue to appropriate large volumes.

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Pros
  • IDEX uses a simple but well-designed interface with interesting features such as TradingView charts and encrypted wallets.
  • A support team is on hand to deal with any issues,
  • The IDEX team are very transparent and can also be contacted via their Twitter account and Telegram group,
  • Quick Access to New Currencies
Cons
  • Dependent on the Ethereum Network
  • No Fiat Trading