IDEX opinions

IDEX
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1 opinions

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So far,1 of opinions have been recorded for IDEX. These opinions are not investment recommendations but the community's perspective on IDEX. Please do not make a purchase decision based on these IDEX opinions.

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IDEX opinion #1

Positive opinion by Anonymous on 28.11.2020 4 of 5

Transactions are managed in Smart Contracts. I like the integration with the Hardware Wallet Ledger Nano S, in order to better secure his funds. The Smart Contracts are signed with the ledger's own private key. Without the hardware wallet, no one can access the funds until the smart contract has been terminated. Despite the signing, the decentralised exchange carries out the transaction, so that the funds and orders are available to every user in real time.
Only ERC-20 based tokens in IDEX can be traded.

Unfortunately there is no mobile app for managing the trades so far.
The maximum capitalisation of the token is 1 billion IDEX.
Because of the currently increasing hype about DeFi, the price of IDEX is naturally also rising.
The question remains, however, whether this solution will continue to exist in the future after the possible bursting of the DeFi bubble.
From the point of view of security features, this would be desirable.