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SpiderDEX

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Rewards
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Volume
The fiat value of incoming dapp transactions over a period of time
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Contract Balance
The total fiat value of assets in a dapp's smart contracts
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Category
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Blockchain
Ethereum
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News

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Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is SpiderDEX?

SpiderDEX - one of the world's largest digital markets for the crypto-collection of blockchain gaming assets and non-exchangeable tokens (NFT). Supports several Ethereum standards ERC721, ERC20 and ERC1155. The decentralized trading platform has a high level of safety. Also, users shouldn’t worry about the funds, as SpiderDEX doesn’t apply to the user's private key.

Contents:

  1. Description of the SpiderDEX
  2. How to use the Spider DEX?
  3. How to make a deal in dapp?

Description of the SpiderDEX

SpiderDEX - a crypto-asset exchange that includes items for collections, NFT game items and other digital goods. The Ethereum blockchain support them, this blockchain is compatible with the ERC721, ERC1155, ERC20 and other major token standards. SpiderDEX is going to create a safe, transparent and easy to use platform. Thanks to work on the blockchain, the network notes all transactions. Also, the user's digital assets are self-governing.

The characteristic of our platform: innovation, diligence, pragmatism.SpiderDEX

The resource has developed a hacking protection and a real-time verification. There is no WhitePaper, but you can get acquainted with the principles of the platform directly on the site. Also, you can always read new information on social networks: Twitter and Telegram.

How to use the Spider DEX?

In order to start using the platform for exchanges, you need to follow the standard steps for working in a decentralized exchanger. You will need:

  • Chrome browser;
  • Ethereum account;
  • ETH cryptocurrency.

If you don’t have the Chrome browser, you should download it. After that, you need to create the account in the Ethereum blockchain. You can do it both from a personal computer and from a mobile device.

Create account on the PC Install Metamask extension
Create account on the phone Download TrustWallet, imToken wallet

After that, you need to replenish your ETH account. Now you can start creating exchanges and configure or cancel pending orders for free. Manage all assets of the blockchain game in one click.

How to make a deal in dapp?

The exchange note can be checked in the chain and can’t be faked. The smart contract wasn’t audited. However, all flash quotes are displayed in the real time from the Kyber Network smart contract. During the ERC20 token exchange process, the first transaction of each token must be authorized through the smart contract. Authorization only means that you agree that the Kyber Network completes the exchange between the two participants.

After sending the flash order, it will be transferred to the Ethereum blockchain network. Please, note that sometimes, due to constantly changing market prices, it’s impossible to complete a transaction. Summing up, the team is determined to create a safe, transparent and easy to use decentralized platform for trading game assets.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.