Decentralized Exchanges (DEX)

Currently, there are two types of cryptocurrency exchanges running: centralized (most of them) and decentralized exchanges (just a few). Are you looking for much safer and secure cryptocurrency exchange? If you are afraid of your cryptocurrencies being stolen on centralized exchanges, then decentralized platforms for exchanging crypto assets might be the right thing for you.

Decentralized Exchanges List

  • Waves Dexrecommended option or Waves decentralized exchange is the product of Waves cryptocurrency and blockchain. It provides you the best of the two world’s by providing you control of your funds on the blockchain and accelerates the exchange process by using a centralized matching service. It allows users to trade their coins in exchange for Waves.
  • Unlike Waves, EtherDelta is not a centralized product or organization, it is an Ethereum-based solution that can be downloaded from GitHub. Decentralized trading platform lets you trade Ether and Ethereum-based tokens directly with other users (a popular use for this exchange is to convert ICO tokens into Ethereum). You are responsible for your own account, funds, and private keys; moreover only you are responsible for your own trading decisions as EtherDelta does not hold your funds.
  • Legolas is creating a new decentralized blockchain protocol with full transparency. Like Waves it combines features of both centralized (existing exchanges) and decentralized architectures: fiat support, strong authentication, simplicity, as well as transparency and fairness. But only you control your own coins because no one else can spend your coins without your signature. A strategic partnership with Ledger means users can count on state of the art safeguards for their crypto assets like hardware wallets.
  • Havven is a decentralised payment network that uses a dual token system to reduce price volatility. This permissionless, low-fee, and stable payment network will enable anyone to transact with anyone. The fees from transactions within the system are used to collateralise the network. Each transaction generates fees that are paid to holders of the collateral token, and as transaction volume grows, the value of the platform increases. Currently Havven Airdrop is in progress.