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IDEX V1 Review: Is It Ready for Ethereum Trading? Review

IDEX V1 is listed as an Ethereum DEX, but there is not enough current product detail to assess trading costs, safety or how to start.

By the SkyBitcoins review team · Updated

SkyBitcoins rating

Not rated yet

At a glance

IDEX V1 key facts

IDEX V1 key facts
TypeDecentralized exchange
ChainEthereum
TokenIDEX
Audits2 listed; scope and findings unspecified
Value locked$34.8M−1.1% 7d
Updated

IDEX V1 FAQs

What is IDEX V1?

IDEX V1 is classified as a decentralized exchange on Ethereum. IDEX is the associated token; the available details do not establish what V1 currently lets you trade or how it works.

What fees does IDEX V1 charge?

Trading fees and other costs are not published in the details available for IDEX V1. Check the exchange interface and Ethereum transaction costs before approving a trade.

Is IDEX V1 safe to use?

Two audits are listed, but their scope, date and findings are not specified. That is not enough to assess the exchange’s security or whether it is appropriate for your funds.

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How we checked

Sources

  1. defillama.com/protocol/idex-v1(opens in a new tab)

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