By all measures, IDEX lives up to its growing reputation as EtherDelta’s more attractive little brother (perhaps little only applies to age here, as IDEX actually outranks EtherDelta by trading volume). The bi-layered transaction settlement model circumvents the same pitfalls that plague EtherDelta’s system, and it makes for a generally easier, less frustrating trading experience.
Still, this model has its drawbacks, namely that it makes the exchange not completely trustless. You still control your private keys, but you’re relying on the exchange to execute trades for you, leaving the final step of the process somewhat centralized. Thankfully, the IDEX has introduced the AURA token and their new staking model to solve this issue, so expect the exchange to become even more decentralized as 2018 progresses.
It’s still beholden to the Ethereum blockchain like any Ethereum-powered DEX, and at times of network trouble, users can run into problems. All things considered, however, IDEX’s design mitigates many of the issues that network congestion can cause for a DEX, and its user experience/interface is cleaner than its competition. IDEX is a rising star in the decentralized exchange space, and if you like EtherDelta but find yourself exasperated from using it, it’s definitely worth trying out.
by Colin Harper, 21 Feb 2018
Source: coincentral.com