[DEX] decentralized Exchange (DEX) vs Ionia (DEX)
This is IONIA :)
Ionia is developing the Decentralized Exchange DEX.
Ionia DEX is developing a new type of exchange, DEX, for those who recognize the limitations and problems of their existing exchanges, or transact cryptocurrencies as an asset through a new approach.
What’s different from the traditional centralized exchange I showed you in the previous posting.
What’s the difference between the traditional DEX and Ionia DEX?
At present, the decentralized exchanges have begun to emerge to supplement the limitations of the existing centralized exchanges.
And these decentralized exchanges also have limitations.
For example,
There is a stage where deposit is needed to make a deal, and the time it takes to deposit or withdraw money is jagged, and most of the decentralized exchanges only support Eos hump Etherium token.
And most of all, it’s very difficult to use in the UI/UX.
1. Deposit O or X
Let me compare the differences between the existing DEX and IONIA DEX.
First of all, deposit money is not in Ionia DEX, as I mentioned in the previous posting. However, at BarterDEX, EosDaq you have to deposit assets.
BancorNT doesn’t have to deposit assets like Ionia.
2. Cryptocurrency supported
Ionia basically supports all cryptocurrencies.
BarterDEX also supports all cryptocurrencies.
but
EosDaq : Support only tokens from the Eos and Eos tokens
BancorNT : Support only for Etherium and ERC20 tokens
So there’s a difference in the tokens that we support, or the tokens that we can deal with, depending on the exchange.
It would be better to be able to trade as many crypto asset as possible!
3. Current liquidity problems
I have to deal with liquidity, the biggest problem on the decentralized exchange. But whether there are measures or measures to address this liquidity problem is an important factor in the decentralized exchange.
BarterDEX / EosDaq / BancorNT
BancorNT Exchange is mucj better
However, BancorNT has been hacked once!!
Ionia DEX has this kind of liquidity problem.
It’s the Mining Exchange through the Participatory Compensation System.
4. Mobile support and convenient use experience (UI/UX)
The decentralized exchange, BarterDEX / BancorNT, doesn’t provide mobile support. EosDaq has not been decided yet.
UI/UX also, BancorNT is relatively easy, but BarterDEX / EosDaq is a bit difficult.
Ionia is developing it to boost mobile support and user experience.
5. Fee
BarterDEX: 0.15%
BancorNT : Gas Only
EosDaq : Not yet decided
Ionia DEX: Maximum 0.1%
And you can see that Ionia is the lowest in terms of fees.
And they’re all supporting their own coinage.
Ionia is not yet on the market, and you can’t see it, but it has a lot of advantages when you make comparisons with a few simple criteria.
The beta version of Ionia is about to be launched, and those who used to do business in traditional exchanges will have a more convenient and safer experience with IONIA DEX.
“Manage scattered crypto assets in one convenient wallet, participate in Ionia DEX, and get compensation for NIA Token! “
Ionia project and product introduction website
The Project IONIA http://www.ionia.one
Twitter https://twitter.com/Ionia_io
