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Which decentralized crypto exchanges were popular in 2018?

avatarRowdy The kingNov 28, 2021 · 3 years ago3 answers

Can you provide a list of decentralized crypto exchanges that gained popularity in 2018? I'm interested in knowing which platforms were widely used and trusted by the crypto community during that year.

Which decentralized crypto exchanges were popular in 2018?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    In 2018, some of the most popular decentralized crypto exchanges were EtherDelta, IDEX, and Kyber Network. These platforms gained traction due to their ability to provide users with direct control over their funds and enhanced security features. Users appreciated the decentralized nature of these exchanges, as it eliminated the need for intermediaries and offered a higher level of privacy. Additionally, these exchanges supported a wide range of tokens, allowing users to trade various cryptocurrencies seamlessly.
  • avatarNov 28, 2021 · 3 years ago
    Decentralized crypto exchanges saw significant growth in popularity in 2018. Platforms like EtherDelta, IDEX, and Kyber Network gained attention due to their ability to offer a more secure and transparent trading experience. These exchanges allowed users to maintain control over their funds, reducing the risk of hacks or theft. Furthermore, the decentralized nature of these platforms appealed to those who valued privacy and wanted to avoid the KYC (Know Your Customer) requirements imposed by centralized exchanges. Overall, these exchanges played a crucial role in shaping the decentralized finance (DeFi) ecosystem in 2018.
  • avatarNov 28, 2021 · 3 years ago
    According to industry data, some of the decentralized crypto exchanges that were popular in 2018 included EtherDelta, IDEX, and Kyber Network. These platforms gained traction due to their user-friendly interfaces, wide range of supported tokens, and robust security measures. Users appreciated the ability to trade directly from their wallets, eliminating the need to deposit funds on centralized exchanges. Additionally, these exchanges offered competitive trading fees and provided a seamless trading experience. It's important to note that the popularity of decentralized exchanges continued to grow in subsequent years, with new platforms emerging to cater to the increasing demand for decentralized trading options.