IDEX

by Aurora Labs S.A.
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The world’s first Ethereum-based smart contract exchange that supports real-time trading

IDEX description

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. 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. Publication from cata​logue cryptodefix.com. 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.

IDEX features

Exchanges

Forms of trade: Spot trading 1
No Transaction protection Protection of transactions from scam and other types of incorrect actions 1
No Currency converter Currency converter integrated into the exchange 0
No Listing Ability to place your own cryptoservices on the exchange 0
Number of assets: 13 0
Cryptocurrency pairs: 15 0

Decentralized exchanges (DEX)

Check out SWAP 0
Check out Liquidity pools 0
Check out Liquidity farm 0
Minimum fees: 0,25 0
Check out Staking 0
No Borrowing 0
No Lending 0
Reviews

It is good for spot traiding

Recommend

IDEX is an Ethereum-based decentralized exchange that includes Ethereum and ERC20 token pairs. Like EtherDelta, it uses smart contracts that allow users to manage their private keys and trade in a secure, peer-to-peer network. It also includes integration with the Ledger Nano S and Meta Mask Wallet, safer alternatives to fund management than manually entering your private key.

Idex is the very first etherium smart contract that supports trading

Most people say it is the most advanced etherium smart contract.

The platform supports most major languages in the world, it is accessible to most people in the world.

Its trading fee of 0.2% is seen to be below the general arguable average of 0.25% that's for market makers, and market takers are charged 0.01%