IDEX – a decentralized exchange on Ethereum, working with ERC20 tokens. The essence of the work is similar to the EtherDelta platform. IDEX, also, uses the smart contracts that allow users to manage their private keys and trade safely.
Contents:
Brief information about dapp
In IDEX, as with most decentralized exchanges, based on Ethereum, everything is connected to the smart contracts. You control all your means through them.
There are all necessary operations on the main page of the platform. This makes the exchange using very convenient and fast. You can monitor your wallet balance, trading schedule and use other tools here.
At the moment, the exchange website has the next language versions:
- Russian;
- Spanish;
- Chinese;
- Turkish;
- Korean.
The design is simple and quite informative. It’s, also, possible to switch between day and night modes. Developers provide a complete project information in a White Paper document.
IDEX features, compared to other projects
A distinctive feature of IDEX - the lack of registration on the portal. To pass authorization, just create Ethereum wallet or use existing wallet to log in.
There are next exchange fees: makers and takers, which make up 0.1% and 0.2%, respectively. However, it’s worth considering that the exchange is decentralized and trading takes place between the wallets. Therefore, except for the exchange fee, the fee for a transaction is also charged from the makers in the network.
Why you should choose IDEX:
| Safety | The Ethereum network and smart contracts are responsible for the exchange reliability, where you can find all rules for the operation of the site. |
| Lack of fee | You can replenish the account from your wallet in ETH or any other ERC20 tokens, that the exchange supports. Withdrawing funds is also very simple, you can withdraw funds to your wallet or to any other. There is no fee from the exchange. |
| Support service | The site has a “FAQ” section, where you can find answers to popular questions. There is also a very useful section “Guides”, where you’ll find the detailed instructions for working with the exchange in text and video modes. |
Safety on the project is ensured, thanks to the smart contracts. Their task - to control the trading process. Only the cryptocurrency exchange can submit signed transactions to the Ethereum network. Subscribe to the official twitter of the project in order to receive relevant information on time. Currently, more than 37,000 people are subscribed to the social network.