We’ve got an exciting news to announce: ROX token has been listed on IDEX, the world’s largest decentralized exchange. ROX/ETH pair is now available for trading.
We are so excited to know that the IDEX exchange we got listed on is one of the fastest flourish exchanges in the industry. IDEX consistently ranks as the #1 Ethereum Exchange Dapp in the world by volume, users, and transaction count. It surpassed 130,000 users in July 2018. IDEX currently ranks in the top of all crypto decentralized exchanges according to CoinMarketCap and are averaging anywhere between $800k–$2,9M in daily trading volume.
Decentralized trading platforms offer an alternative to centralized trading platforms, and perhaps even more transparent service, by promising greater security. Decentralized crypto exchanges do not rely on third-party services to hold customer funds. Instead, peer-to-peer transactions are possible through an automated process. Aside from IDEX, ROX/ETH is also trading on other decentralized exchanges, EtherDelta and ForkDelta.
The benefit of using a decentralized exchange is that there is no need to put any trust in the exchange platform itself, as the funds are held by the user in a personal wallet, rather than with a third party. Unfortunately, decentralized trading platforms still lack the commodity, ease of use, and overall “user support” to attract a mainstream user base. Therefore, the liquidity and market depth of these exchanges is still quite low.
Liquidity providers find it much easier to provide liquidity to centralized exchanges given the current technical offering. Price discovery and order updating is much faster at centralized exchanges because there is no danger the market maker will get “run over” if they cancel in time. This leads to offensive liquidity provision by market makers, leading to a much greater liquidity on centralized exchanges. ROX is also listed on top centralized exchange HitBTC which was already announced before.
Start trading here:
The Robotina Token — ticker symbol “ROX” — is now trading on the four exchanges IDEX, EtherDelta, ForkDelta and HitBTC.
Each exchange has different rules, accepted payment methods, and fees, along with other factors to take into account (centralized or decentralized). This guide will walk you through the process so you can choose the best exchange based on your needs.
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IDEX, is an Ethereum-based decentralized exchange that features Ethereum and ERC20 token trading pairs. It employs smart contracts that allow users to manage their private keys and trade in a secure, peer-to-peer environment. It also features Ledger Nano S and Meta Mask Wallet integrations, safer alternatives for fund management than manually entering your private key. You’ll notice that everything you need to trade is immediately in front of you. Your wallet balances, the trading chart, order book, trading pairs, and other tools are all displayed on a single page.
ROX/ETH -> https://idex.market/eth/rox
EtherDelta, is an exchange that requires no account authentication and in fact, not even an account. The smart contracts essentially let you keep hold of the private keys that you can then use to deposit and withdraw from the EtherDelta wallet without the exchange ever knowing them or holding them.
ForkDelta, this exchange is a fork of EtherDelta and uses the smart contract of the latter. That is why the 0.3% fee is going to the EtherDelta team. Nonetheless, it works on a new token listing system, order book, API, and front-end UI. ForkDelta lets you trade Ether and Ethereum-based tokens directly with other users.
HitBTC – offers numerous advantages for traders, including a high liquidity and the cutting-edge matching engine technologies mentioned above. There are also low fees, strong security measures, no limits on deposits or withdrawals of digital assets, and the most advanced FIX API and REST API. Additionally, HitBTC does not require registration, delivers full access to trading, and has unlimited top-ups for your balance. hose who are more experienced with trading will appreciate the various charts and graphs that HitBTC offers. Beginners who are unsure of what to make of the information or how to go about cryptocurrency trading will appreciate the information on the blog, which includes plenty of trading tips.
ROX/ETH -> https://hitbtc.com/exchange/ROX-to-ETH
Robotina team would like to thank you for the support so far and will do our best to deliver more good news to our community members. Best regards!
Enjoy the trading!