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Decentralised exchanges, which offer peer-to-peer crypto trading and key security benefits, are currently experiencing a rise in popularity. DDEX is a decentralised exchange for Ethereum-based ERC20 tokens where users can buy and sell more than 70 digital currencies without having to part with any personal information.
To help you decide whether DDEX is the right exchange for your crypto trading needs, we’ve compiled this comprehensive review of the features it has to offer.
No supported
Fiat currencies
71
Cryptocurrencies
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Product Name | DDEX Cryptocurrency Exchange |
---|---|
Fiat Currencies | - |
Cryptocurrencies | EOS, XYO, NPXS, HOT, CNN, ZRX, KIN, NCT, BAX, ZCO, NBAI, POLY, POE, TFD, REN, LBA, & 25+ more |
Deposit Methods |
Cryptocurrency |
Trading Fee | 0.1% |
Deposit Fees | None |
Withdrawal Fees | None |
DDEX is a decentralised exchange for ERC20 tokens. A decentralised application (dapp) on the Ethereum network, it uses Hydro Protocol technology to offer instant order matching and on-chain settlement of transactions.
Through the use of Ethereum’s smart contracts and the 0x Protocol, DDEX users can trade through the platform simply by linking their wallet. This means you can trade wallet-to-wallet and that there’s no need to trust any third party with deposited funds.
DDEX is a global exchange that offers its services to users around the world, including Australia.
DDEX does not charge any deposit or withdrawal fees, but keep in mind that you will need to pay for gas to power your transactions on the Ethereum network.
A flat 0.1% fee applies to all trades placed through DDEX.
As you retain control of your funds, there’s no need to consider deposit and withdrawal times when using DDEX.
No. DDEX does not list any transfer limits.
As a decentralised exchange, DDEX inherently offers some key security advantages over centralised platforms. There’s no central point of failure for hackers to target, and you don’t have to worry about surrendering control of your funds or your wallet private keys to the exchange. Instead, the cryptos you trade are exchanged from your wallet to the wallet of the person on the other end of the transaction.
To get started on DDEX you will need the following:
If you have a question about your account or about how to use the platform, DDEX offers an online support centre with answers to a small selection of frequently asked questions. There are also guides to help you start trading, or you can submit a support ticket through the centre if you need specialised assistance.