Guide: Top 5 Dex Aggregator
So, you’re starting to navigate the world of decentralized finance.
There are so many exchanges and trading options on the market that it could be overwhelming, even for someone with some experience.
Lucky for you, a new tool has hit the market that aims to make the process a little easier: a “Dex Aggregator.”
We’re going to take some of the guesswork out of the landscape and share the top five dex aggregators below with you.
Keep reading to find out more.
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What exactly is a Dex aggregator?
First, it is probably going to be helpful to understand exactly what a Dex aggregator is.
Basically, this is going to be a single source for users that highlights prices from various decentralized exchanges all in one easy-to-see place.
You can think of it as something similar to the stock exchange, where you have one source that tells you what everything is currently trading at so that you can make the best financial decision.
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What’s the point of a Dex aggregator?
The main reason to use a Dex aggregator is that it will help you optimize your trading options.
It’ll help you optimize time because it will show you the best pricing currently available and the current fees across various exchanges.
Plus, having a single interface is super user-friendly. At the same time, you’re able to see which types of assets and tokens are being traded.
Top 5 Dex Aggregator?
1inch
The exchange is going to be the top dog when it comes to dex aggregators in the market. It’s going to list nearly 3000 crypto token options. Plus, this option allows you to use your smartphone by way of the Six mobile app.
Uniswap
This is going to be good for those of you who are fans of the Ethereum Blockchain because it operates on this platform. You’re going to see nearly 6 distinct tokens and currencies that are used.
PancakeSwap
Pancake swab is a great option if you’d like a service to offer prediction forecasts. They have a lot of benefits. The one thing you want to remember with pancake swap is that they do not allow actual cash. First, you need to be able to link to an existing wallet before opting with them.
ParaSwap
ParaSwap is another well-known aggregator. One of the nice things that we like about them is that they don’t have any type of transaction fees. As of now, this option is only available for the Polygon Finance smart chain.
Orion protocol
Last but not least, we recommend the Orion protocol. It supports two networks: Ethereum and the Binance smart chain. The good news is that it is going to launch an app very soon.
Conclusion
In conclusion, when it comes to choosing the best dex aggregator, you’re definitely going to want to do some research. You’re going to look for things like ease of use and the ability to see multiple trades that allow you to capitalize.
Hopefully, following this guide above will help you make your decision faster so that you can get on with more important things, like making your first trade.
Happy trading.
