Finding an easy-to-use and reliable exchange is essential when incorporating cryptocurrency into everyday life. There are many options available for novices and experts alike, leading you to believe that finding the right one for you might be tricky. However, Decentrex is here to take the guesswork out of it for you.
The decentralized exchange platform aims to make trading with cryptocurrencies as easy as possible. There is no registration process, which means that there is no need to provide any of your private or sensitive information. In addition, it is an open-source platform, allowing users the opportunity to even improve it somewhat.
Also, because of it being open source and the lack of registration process, the platform will not be in a position to ban users’ accounts as in the case of Bittrex. This means that users will be able to use Decentrex in confidence without the lurking fear of their crypto funds being in danger, or being inaccessible at any time.
In addition, unlike other exchanges, there is no trading limit, which is great if you’re planning on trading substantial amounts. The platform also offers low, and in some cases no, fees.
By using a blockchain-based Ethereum smart contract, users will be able to trade efficiently, and transactions will always be recorded and available to view at any time on the blockchain. The platform is so user-friendly, you won’t even need to install any extensions on your regular browser as it works on any device and operating system.
The platform allows users to not only trade in ETH but also in any one of the ERC20 tokens issued through the Ethereum blockchain. Currently, there are 450 such tokens being supported and available to trade through Decentrex. This could even increase the popularity and usability of some lesser-known tokens. With this pool growing all the time, Decentrex will by default also be growing their offerings at the same time.
Even though the website is great, you don’t necessarily need it to trade. All you need is a Decentrex smart contract and you’ll be ready to go. This makes it is even easier to trade with the wide variety of ERC20 tokens out there.
If you’re new to the crypto-industry, or would just like to chat about anything industry related, Decentrex can help with that too. They’ve recently installed a Kiwi IRC-powered chat channel to discuss topics in an uncensored environment.