After China bans international trading platforms...Decentralised Exchange platforms to be the next big thing in cryptoworld?
“To prevent financial risks, China will step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs,” READ MORE
It is very easy to ban a website based on IP address but when a website is hosted on blockchain(decentralised platforms), it becomes relatively difficult to do the same.
The Chinese people have been one of the earliest to adapt cryptocurrencies and promote it's growth. Also, China is the undisputed world leader in Bitcoin mining with control of more than 70% of the Bitcoin network’s collective hashrate.
The decentralized exchanges are the only possible way for Chinese as well as people from other countries where there are restrictions on cryptocurrencies, to embrace and be part of trading community.
So here is the list of major decentralized trading platforms:
1) ETHERDELTA
2) WAVES DEX
3) OPENLEDGER
5) BISQ
6) BitShares
6) Stellar Distributed Exchange
8) IDEX
Launching Soon
2) District0x
3) BarterDex
4) Openanx
5) Altcoin
6) NEX
8) DEEX (ICO)
There is no perfect DEX platform, yet!
WE NEED MORE EFFICIENT DEX PLATFORMS FOR CRYPTOCURRENCIES TO THRIVE.
Comment here: Which is your favorite DEX platform? Why?
Also, comment if I have missed any DEX platform...