IDEX

The platform allows users to perform interest-free cancellation, create several different trades at the same time, and also has support for limit and market orders.

The components of IDEX are smart contracts, a trading engine, and an arbiter for processing transactions. The storage of digital assets and their calculation is based on smart contracts. When using the user's personal keys, it is necessary to verify all available transactions. The exchange controls the processing of transactions using a specially designed smart contract, which allows the exchange to only send transactions that are signed to Ethereum. This feature distinguishes the platform from most competitors. Information from community cryptodef​ix.com. When trading, the balance of users is also updated at the moment.

For security reasons, platform authorization prevents users from canceling transactions that have already been completed. It is also prohibited to initiate any unauthorized transactions.

The platform is available in six languages: English, Russian, Spanish, South Korean, Vietnamese, and Mandarin. The buyer’s commission is 0.20 percent. The commission for order creators is 0.10 percent. Due to the fact that the exchange is decentralized, its servers are distributed all over the world. Such exchanges are practically not affected by a hacker attack, which increases the company's security. In addition, even if a hack occurs, scammers will not be able to do anything with your assets, since they are not stored inside the exchange.