Etherdelta platform is fraught with slowness, expensive gas price, almost no support and bad user experience. Most worryingly, is the phishing / hacking attack that led to loss of millions of dollars from users without a good explanation and apology from Etherdelta staff see a tweet from @Socal_crypto
: MY WALLET WAS FUCKING CLEANED OUT 2 HOURS AGO I LOST FUCKING EVERYTHING IN MY GODDAMN WALLET AFTER USING @etherdelta TODAY DO NOT FUCKING USE click here for the link
–maybe because they were busy with their new ICO.
The good news, however, is that there is a better alternative: IDEX
Due to the following points:
Very Fast Transactions: unlike Etherdelta , Idex is very fast and you get a feeling like Binance, or GDAX where you can make or take an order by using limit order or just take instantly (Spot) from the order book-leading to very fast transaction with a click unlike ether delta where you will wait for gas or sometimes get stuck in a trade due to no gas (just like a car that ran out of gas ..Lol )
See below video for explanation.
Free Cancels: Have you tried to cancel your orders before on etherdelt however did not succeed because of lack of gas? Idex, for example, has free cancels at no gas fees or waiting time to cancel thus making fast trading /orders changes.
**Good rewards: **Makers that get matched with takers earn some Aurora tokens (Idex current token) which is great because it rewards those that are active on the platform –a win win for all involved.
Free Trades: If you're an active trader, you can purchase DVIP tokens to reduce your trade fees to 0With DVIP you get free trades for a long time, but also up to 2x the AURA rewards forever. So they will always remain useful. Read more about DVIP on their website here .
Good thing for the newly created Ethereum Lyte (the next best thing ) is that they are currently listed there (yesterday) see https://idex.market/eth/elyte …good trading guys and join Elyte active telegram community https://t.co/kAhkvVTPBF where all your questions will be answered..
Click this link and read IDEX User Guides - How to Trade
Now is your turn, do you see IDEX taking out Etherdelta? Send in your comments and would you please upvote and resteem in order to send in your support ? thanks.
Click here and read my former post: Do you adhere to your New Year Resolution or its all Bullshit?
Hey guys, heard about this new upcoming coin called Ethereum Lyte (ELYTE) , so far price has shot up over 2K% in just a few weeks- even as they are yet to be listed on Coin market cap (coming soon), seems like it might be a real good investment for the future. What are your thoughts? Make sure to check out their twitter page : https://twitter.com/EthereumLyte , website : https://www.elyte.biz/ and white paper or join their active telegram community https://t.co/kAhkvVTPBF where all your questions will be answered.