RuDEX logo
RuDEX logo

RuDEX Exchange Review 2023 - Is It Safe?

Contact
Country: Russia
Launched: 2017
Site: rudex.org
Volume: $ 30,987.0
Pairs: 19
Mobile app: iOS, Android
Grade points: 0.00
Expert Review
May 29, 2020

Decentralized exchanges (DEXs) have become increasingly popular in the past few years due to the benefits they offer to users, such as improved security, privacy, and control over funds. RuDEX is one such platform, offering a decentralized exchange experience built on the BitShares blockchain. In this review, we will take a comprehensive look at RuDEX, including its features, user interface, and security measures, among other things.

Features

One of the key features of RuDEX is its decentralized nature, which allows users to retain control over their funds. Unlike centralized exchanges, users do not have to deposit their funds into the platform, which reduces the risk of hacks and theft. Additionally, the platform does not have the ability to freeze or confiscate funds, providing users with greater freedom and control.
Another noteworthy feature of RuDEX is its support for multiple cryptocurrencies, including popular assets such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The platform also supports assets from the BitShares blockchain, including BitShares (BTS), Steem (STEEM), and EOS (EOS). This wide range of assets offers users a diverse investment opportunity, as well as the ability to trade between different cryptocurrencies.
RuDEX also offers a user-friendly interface, making it easy for both new and experienced users to navigate the platform. The platform provides users with an overview of the current market trends and prices, as well as access to trading tools such as order books and trade history. Additionally, RuDEX offers a mobile app, making it possible to trade on the go.

User Interface

RuDEX's user interface is designed to be simple and straightforward, allowing users to quickly and easily access the platform's features. The platform's main dashboard provides an overview of the current market trends, with detailed information available for each cryptocurrency. Additionally, the platform's order book and trade history provide users with a comprehensive view of their trading activity.
The platform's mobile app is also well designed, offering a similar experience to the desktop version. The app allows users to monitor their portfolio, view market trends, and execute trades from anywhere, making it an excellent option for on-the-go trading.

Security

As a decentralized platform, RuDEX offers users greater security than centralized exchanges. With no central authority holding user funds, the risk of theft or loss due to hacks is significantly reduced. Additionally, the platform's code is open-source, making it possible for users and security experts to review and verify its security measures.
However, it is important to note that users are still responsible for securing their private keys and passwords, which are used to access their wallets on the platform. As with any decentralized platform, users must take precautions to ensure the safety of their funds, such as using strong passwords and storing private keys securely.

Fees

RuDEX operates on a transparent fee structure, with fees charged for trading, deposit, and withdrawal transactions. The platform's fees are competitive with other decentralized exchanges, and users can view a complete list of fees on the platform's website.

Conclusion

Overall, RuDEX offers a promising decentralized exchange platform, providing users with a secure, user-friendly, and accessible trading experience. With its support for multiple cryptocurrencies and transparent fee structure, RuDEX is a strong contender for those looking for a decentralized exchange. While users are still responsible for securing their private keys and passwords, the platform's decentralized nature provides a level of security that is not available

banner-image
Write review
Rating
Please choose your rating.
Your review

Leave your review about RuDEX here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews
Lurucs 17 July 2020
5.0

It provides a full anonymity. It's a good thing when you trade online

Gotr 17 April 2020
5.0

I like the anonymity here and fast registration, I don't need to spend much time on some side things, it's great.

Country: Russia
Launched: 2017
Site: rudex.org
Volume: $ 30,987.0
Pairs: 19
Mobile app: iOS, Android
Grade points: 0.00
Compare with
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
Despite a certain decrease in the popularity and demand for digital coins, many users continue to use them actively. This is favored by the specific features and capabilities of cryptocurrencies. Often there is a need to exchange one type of crypto for another coin. What to do? In this article, we will consider one of the best solutions for the cryptocurrency exchange - Changelly. Is it safe enough and worth trying? Is Changelly legal? Is Changelly scam? All of these questions will be answered in this article. 
CoinHub exchange was established in 2017. The company is incorporated as Coinhub Technologies FZCO and based in Singapore. The platform covers USD, BTC, ETH, USDC and DAI markets for trading. 

List of coins