DYDX Review: DYDX Exchange to Destroy Binance? What I like about DYDX exchange is that anybody without previous knowledge of short trading can begin trading right away.
There are some platforms like Uniswap, PancakeSwap, SushiSwap, and others that offer a basic token exchange. A more advanced type of decentralized exchanges like 1Inch exchange, outside of the regular swapping feature, also offer simple functionality related to limit order placement. In one of my previous videos, I reviewed 1Inch exchange and I mentioned that 1Inch was taking right steps toward developing proper trading features in the decentralized space.
A couple of days ago, when I spotted DYDX exchange and actually started testing the platform, I realized that the service offers almost a complete set of features needed for basic trading. It might miss some advanced tools. However, most of the features needed for retail trading are there. Plus, DYDX offers complete decentralization, anonymity to those traders who want to operate below the radar.
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