Review on IDEX by Murat Mircalı
Review on IDEX
IDEX is a coin on the cryptocurrency exchange. I have experienced and reviewed both good and bad things about IDEX. This cryptocurrency exchange, which is based on Ethereum, is decentralized and very popular. I asked 10 of my friends about this cryptocurrency and they said that 7 of them had heard or knew about it before. I can say that it is the most popular of the Ethereum DEXs.
Exchange where you can buy many ethereum tokens that have not been listed yet. Much more useful than Etherdelta. Just withdrawals and deposits are a bit confusing because this is not what we are used to from traditional exchanges. Here you need to have the wallet address given to you with the private key and transfer the ethereum or token you have deposited or created a private wallet / token to an idex. So when depositing ethereum here, you have to transfer it from here to your wallet and then to idex. Via the withdrawal Menu, first send to the wallet, then whatever you use to myetherwallet or metamask or this address.
One of the things that draws my attention the most when reviewing IDEX is that they distribute gift tokens to customers. The name of their token is IDEX. You can earn IDEX tokens as a gift according to your monthly transactions and the size of it. I liked it very much when I heard that. Moreover, the price of IDEX token is increasing day by day and it attracts people's attention.
The security system in IDEX seems to be developed, users can instantly check their tokens with their own special passwords. Nothing will be removed from their accounts without the users' consent.
Transparency in transactions, low transaction fees, fast and reliable.
Pros
- A decentralized platform supports an Ethereum-based trading API that supports users by distributing a lot of rewards
- Low transaction fees, fast shopping, reliable and user-friendly system
- By holding and betting you can get new winnings.
- It has support in mobile application, in iOS ecosystem, and support for Android-based systems.
Cons
- Less interest in the project, more attractive ideas for more interest should be presented
