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Etherdelta
2 reviews
- 1 profiles
- 1 categories
Average star rating
3.8
Serving customers since
Etherdelta Reviews
SC
Stephan C.
Software Engineer at DataCore GermanyThe first decentralized exchange
Etherdelta is a fully decentralized exchange, this means that ETH addresses are used to store the tokens that the user wants to buy or sell. This ETH address consists of a private key that is provided to us the first time we create the account and that in case of losing it would result in the loss of the funds it contains.
Although it may seem complicated this is done for a single reason that is security. Thanks to this method the user makes sure that the funds never enter other people's hands until they have been sold or bought in the market, this is what is really fascinating about the decentralized exchanges. Unlike centralized exchanges, it is not possible for a hacker to steal all the users of the exchange.
Another feature of Etherdelta is that it supports all ETH tokens and every transaction is verified by the Ethereum network through a smartcontract.
MB
Mike B.
Computer Science B.S. - University of MarylandSimple but versatile Cryptocurrency exchange
Simple & usable interface, with lots of trading pairs available. Secure, trustless fund storage.
About
What is Etherdelta?
EtherDelta is a decentralized trading platform that allows for direct peer-to-peer cryptocurrency transactions to occur online securely and without the need for a traditional intermediary. This platform specializes in Ethereum-based tokens and leverages smart contract technology to enable users to trade ERC-20 compatible tokens directly from their Ethereum wallets. EtherDelta gives traders full control over their funds by integrating with Ethereum-based wallets, meaning that only the user has access to their tokens and private keys. The site's interface allows users to engage in trading by placing buy or sell orders, providing a unique and secure way to trade cryptocurrency independently.
Details
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