DEx.top Logo
एक्सचेंज समीक्षा
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why DEx.top has received the inactive flag.

DEx.top


एक्सचेंज फीस

BTC निकासी फीस 0 पूर्तिकार (Taker)फीस 0.20% प्रारंभकर्ता (Maker)फीस 0.10%

जमा करने के तरीके

No Wire Transfer No Credit Card

समर्थित क्रिप्टोकरेंसी (21)

UPDATE 16 September 2020: This exchange has been in "upgrade and maintenance mode" since 11 May 2020. That is a very long time for upgrades and maintenance. As a matter of fact, we feel that it is a long enough period of time to mark this exchange as dead, and move it to our Exchange Graveyard.

DEX.top Closing Message

To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.

DEx.top is a decentralized exchange, that’s what “DEx” in its name comes from. It launched in May 2018.

The exchange highlights a number of key benefits with its platform on its website. First, they state that they guarantee the safety of its users. This is of course important to all possible users of the platform. Second, they state that the platform supports issuance of cryptocurrencies on EOS/ETH chains. Third, the trading at the platform is instant, meaning that you don’t have to wait for blockchain confirmations. Fourth, the platform supports a number of different mobile wallets (not only MetaMask). Fifth, the platform is “heavily optimized for gas cost efficiency” and, finally, they claim to have a top trading volume in the industry among decentralized exchanges. You’ll have to decide for yourself which of these points that are important to you, but they all seem good to us.

DEx.top Benefits

There are many reasons to why decentralized exchanges are getting more popular. The list includes, but is not limited to:

  • Decentralized exchanges do not require a third party to store your funds, instead, you are always directly in control of your coins and you conduct transactions directly with whoever wants to buy or sell your coins.
  • Decentralized exchanges normally do not require you to give out personal information. This makes it possible to create an account and right away be able to start trading.
  • Decentralized exchanges’ servers are distributed across the globe leading to a lower risk of server downtime.
  • Decentralized exchanges are essentially immune to hacker attacks.

DEx.top does not explicitly state that US-investors are prohibited from trading. Accordingly, we do believe that US-investors can trade here. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view at DEx.top (but without much information in it):

DEx.top Trading View

Every trade occurs between two parties: the maker, whose order exists on the order book prior to the trade, and the taker, who places the order that matches (or “takes”) the maker’s order. We call makers “makers” because their orders make the liquidity in a market. Takers are the ones who remove this liquidity by matching makers’ orders with their own.

DEx.top charges takers 0.20% , and makers 0.10%. Accordingly, they provide a 50% discount to the makers, as a way of promoting liquidity on the exchange. As the global industry average trading fees are roughly 0.25%, DEx.top have quite competitive trading fees.

Also, DEx.top does not charge any withdrawal fees at all for withdrawing BTC. This is a very strong competitive edge in the market (less than 10% of all cryptocurrency exchanges in our Cryptocurrency Exchange List do not charge any withdrawal fees at all).

DEx.top does not accept any deposits of fiat currency. This means that new cryptocurrency investors (i.e., investors without any previous holdings of cryptocurrencies) can’t trade here. In order to purchase your first cryptocurrencies, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. Find one by using our Exchange Finder!

The servers of decentralized exchanges normally spread out across the globe. This is different from centralized exchanges that normally have their servers more concentrated. This spread-out of servers leads to a lower risk of server downtime and also means that decentralized exchanges are virtually immune to attacks. This is because if you take out one of the servers, it makes little to no difference for the network of servers in its entirety. However, if you manage to get into a server at a centralized exchange, you can do a lot more harm.

Also, if you make a trade at a decentralized exchange, the exchange itself never touches your assets. Accordingly, even if a hacker would somehow be able to hack the exchange (in spite of the above), the hacker can not access your assets. If you make a trade at a centralized exchange, however, you normally hold assets at that exchange until you withdraw them to your private wallet. A hacker can therefore hack a centralized exchange and steal your funds held at such exchange. This is not the case with respect to decentralized exchanges.