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DDEX Cryptocurrency Exchange Review 2018

Is this decentralised trade for Ethereum ERC20 tokens the correct platform for you?

Decentralised exchanges, which provide peer-to-peer crypto buying and selling and key safety advantages, are these days experiencing a upward thrust in reputation. DDEX is a decentralised trade for Ethereum-based ERC20 tokens the place customers should buy and promote greater than 70 virtual currencies with no need to phase with any private knowledge.

To assist you make a decision whether or not DDEX is the correct trade on your crypto buying and selling wishes, we’ve compiled this complete overview of the options it has to provide.


















Product Name
DDEX Cryptocurrency Exchange
Fiat Currencies
-
Cryptocurrencies
EOS, XYO, NPXS, HOT, CNN, ZRX, KIN, NCT, BAX, ZCO, NBAI, POLY, POE, TFD, REN, LBA, TOMO, LND, REQ, IOST, ORI, & 20+ extra
Deposit Methods
Cryptocurrency
Trading Fee
zero.1%
Deposit Fees
None
Withdrawal Fees
None

Pros


  • Security advantages introduced via decentralisation

  • Quick and simple to start out buying and selling

  • No want to proportion your identify, cope with or private main points

  • Supports the Ledger Nano S pockets

  • Competitive buying and selling charges and no deposit or withdrawal charges

  • Supports greater than 70 other tokens

Cons


  • User interface isn’t appropriate for freshmen

  • Limited liquidity

  • Only provides ERC20 tokens and they are able to most effective be traded in opposition to ETH

  • As it’s constructed on Ethereum, community congestion on Ethereum may gradual DDEX down

  • Mobile buying and selling app no longer but to be had at time of writing

Disclaimer: This knowledge will have to no longer be interpreted as an endorsement of cryptocurrency or any explicit
supplier, provider or providing. It isn’t a advice to industry.

What is DDEX?

DDEX is a decentralised trade for ERC20 tokens. A decentralised software (dapp) at the Ethereum network, it makes use of Hydro Protocol generation to provide speedy order matching and on-chain agreement of transactions.

Through the usage of Ethereum’s good contracts and the 0x Protocol, DDEX customers can industry throughout the platform just by linking their pockets. This method you’ll industry wallet-to-wallet and that there’s no want to believe any 3rd birthday celebration with deposited finances.

Which cryptocurrencies can I purchase/promote?

DDEX lists greater than 70 ERC20 tokens in buying and selling pairs along ether (ETH). Supported currencies come with:

  • PolicyPal Network (PAL)
  • Rate3 (RTE)
  • XMax (XMX)
  • Devery (EVE)
  • TRON (TRX)
  • Nexo (NEXO)
  • Metronome (MET)
  • Dai (DAI)
  • Polymath (POLY)
  • XYO Network (XYO)
  • Hydro Protocol (HOT)
  • 0x (ZRX)
  • Decentraland (MANA)
  • Theta Token (THETA)
  • Aelf (ELF)
  • Credits (CS)
  • Rentberry (BERRY)
  • Cortex (CTXC)
  • Sentinel Protocol (UPP)
  • QuarkChain (QKC)
  • OmiseGO (OMG)
  • QuantStamp (QSP)
  • Request Network (REQ)
  • IOStoken (IOST)
  • Raiden Network Token (RDN)

Visit the DDEX site for a complete listing.

Available nations

DDEX is an international trade that gives its services and products to customers around the globe, together with Australia.

Which cost strategies are accredited?

As DDEX permits wallet-to-wallet buying and selling, you by no means need to deposit any finances into an account you cling with the trade.

However, it’s price mentioning that DDEX most effective helps crypto-to-crypto buying and selling and doesn’t permit you to purchase virtual cash and tokens with fiat forex.

How a lot will it value me to make use of DDEX?

DDEX does no longer fee any deposit or withdrawal charges, however consider that you’re going to want to pay for fuel to energy your transactions at the Ethereum community.

A flat zero.1% price applies to all trades positioned thru DDEX.

How speedy will my finances be to be had?

As you keep keep an eye on of your finances, there’s no want to believe deposit and withdrawal instances when the usage of DDEX.

Are there any switch limits?

No. DDEX does no longer listing any switch limits.

Is it protected to make use of DDEX?

As a decentralised trade, DDEX inherently provides some key safety benefits over centralised platforms. There’s no central level of failure for hackers to focus on, and also you don’t have to fret about surrendering keep an eye on of your finances or your pockets personal keys to the trade. Instead, the cryptos you industry are exchanged out of your pockets to the pockets of the individual at the different finish of the transaction.

To get began on DDEX you’re going to want the next:

  • A pc or computer working the desktop model of one of the vital following browsers: Chrome, Firefox, Opera or Brave
  • A MetaMask virtual pockets or a Ledger Nano S pockets
  • ETH or every other ERC20 token

Customer enhance

If you could have a query about your account or about the right way to use the platform, DDEX provides a web based enhance centre with solutions to a small number of continuously requested questions. There also are guides that will help you get started buying and selling, or you’ll post a enhance price tag throughout the centre if you want specialized help.

Pros and cons

Pros

  • Security advantages introduced via decentralisation
  • Quick and simple to start out buying and selling
  • No want to proportion your identify, cope with or private main points
  • Supports the Ledger Nano S pockets
  • Competitive buying and selling charges and no deposit or withdrawal charges
  • Supports greater than 70 other tokens
Cons

  • User interface isn’t appropriate for freshmen
  • Limited liquidity
  • Only provides ERC20 tokens and they are able to most effective be traded in opposition to ETH
  • As it’s constructed on Ethereum, community congestion on Ethereum may gradual DDEX down
  • Mobile buying and selling app no longer but to be had at time of writing

Disclaimer: Cryptocurrencies are speculative, complicated and contain vital dangers – they’re extremely
unstable and delicate to secondary task. Performance is unpredictable and previous efficiency is not any ensure of
long run efficiency. Consider your individual instances, and procure your individual recommendation, ahead of depending in this knowledge.
You will have to additionally check the character of any services or products (together with its felony standing and related regulatory
necessities) and seek the advice of the related Regulators’ internet sites ahead of making any choice. Finder, or the creator, would possibly
have holdings within the cryptocurrencies mentioned.

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