Decentralised (DEX) Crypto Exchanges
Here You Will Find Our List Of DEX Exchanges
Here You Will Find Our List Of DEX Exchanges
Decentralized crypto exchanges allow users to execute peer-to-peer trades without the need for a third party.
It is worth noting that DEX exchanges do not facilitate fiat trading, although they often allow (USDT) Tether, or BUSD.
Advantages Of Using A DEX Exchange
Prevent Market Manipulation
DEX exchanges help protect traders from fake trading and wash trading. This is because they allow peer-to-peer transactions.
Reduced Hacking
Users of DEX exchanges do not need to transfer their crypto assets to a third party. This means that there is no company to directly hack.
Anonymity
Traders do not need to sign KYC forms, which means the buyers and sellers are 100% anonymous.
Disadvantages Of Using A DEX Exchange
Liquidity
As CEX exchanges facilitate nearly all crypto trading volume, DEX exchanges often have issues with trading volume of any serious amount. DEX exchanges are however fantastic if you wish to buy small amounts of less popular cryptocurrencies.
Some DEX exchanges like Uniswap however, are extremely popular and liquidity is less of an issue for larger trading volumes.
Complexity
Traders are responsible for their passwords and keys. Every user must first learn how to use these sometimes complex exchanges. For serious traders, though it is often well worth the effort.
Fiat Payments
DEX exchanges do not allow fiat trading which makes them less convenient to the average trader.
Slow Transaction Speeds
DEX exchanges can take as much as a few hours to conclude a buy or sell order.
DEX Crypto Exchanges
UniSwap
One of the most used and known DEX crypto exchanges. The Uniswap protocol empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all. Uniswap is a protocol for creating liquidity and trading ERC-20 tokens on Ethereum. It eliminates trusted intermediaries and unnecessary forms of rent extraction, allowing for fast, efficient trading. Where it makes tradeoffs – decentralization, censorship resistance and, security are prioritized.
They charge 0.3% for swapping tokens.
bisq
Buy and sell bitcoin for fiat (or other cryptocurrencies) privately and securely using Bisq’s peer-to-peer network and open-source desktop software. No registration is required. Bisq uses Tor and supports over 120 cryptocurrencies.
SushiSwap
Swap, earn, stack yields, lend, borrow, leverage all on one decentralized, community-driven platform. Welcome home to DeFi. Its runs on the Ethereum network. They charge 0.3% for swapping tokens.
PancakeSwap
1inch Exchange
Curve Finance
IDEX
Matcha
Volentix
Raydium
QuickSwap
MDEX
Stellar DEX Exchange
KLAYswap
1inch
1inch is a decentralised exchange, or DEX. It works differently to a normal exchange by splitting orders between many other DEX exchanges to find the best prices.
Trader Joe
Trader Joe is a One-stop-shop decentralized trading platform for the Avalanche network.
Coin 98 DEX
Sideshift
Shift between BTC, ETH, BCH, XMR, XAI and 75+ other cryptocurrencies. The best exchange rates, no account required.