RE: Death Blow Coming for HaloDex and Halo Platform

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Death Blow Coming for HaloDex and Halo Platform

in ethereum •  5 years ago 

It's like anything else. The smaller and less evil YT alternatives, and twitter alternatives ideally would be better because there would be less shadow banning and real banning but they don't have the 'volume' of tweets or videos.
I have tried to stay on several decentralized exchanges because they don't send the ta.x authorit.ies after you when you trade too much, but low volume is a problem because you can't even quickly buy or sell the big moves. Sad to see any of these safer options fail.

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I agree that DEX trading is preferable to using centralized alternatives. Unfortunately, there are so few users on sites like HaloDex that prices are never up to date, and there is virtually no liquidity. It can take days to place and fill a large order, which means the price you close at can be dramatically different than what you expect. HaloDex is a garbage platform.