© All rights reserved 2024 | Threenvest I/S
Your expert: Alejandro Borja
Your expert: Xavier Tarrasó
Fees
Native token
Fees
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Uniswap | FEATURES | DODO |
|---|---|---|
|
Uniswap allows for very small trades, accommodating users who wish to trade minimal amounts, enhancing accessibility for all types of investors. |
Minimum Trade |
DODO allows trading with relatively low minimums, making it accessible for users with small amounts of capital to start trading efficiently. |
|
Uniswap charges a flat 0.3% per trade, which is competitive within the decentralized exchange landscape but can be higher compared to some centralized exchanges. |
Trading and Transaction Fees |
DODO’s fees are competitive within the DeFi space, utilizing a small percentage of each trade to facilitate liquidity and reward participants, keeping costs reasonable. |
|
Supports a wide array of ERC-20 tokens, providing extensive variety for traders seeking to explore different cryptocurrencies. |
Number of Cryptocurrencies |
While offering a variety of popular cryptocurrencies, DODO’s selection is less extensive compared to larger exchanges but is continuously expanding. |
|
Offers numerous trading pairs exclusively for crypto-to-crypto transactions, utilizing an automated liquidity protocol. |
Crypto-to-Crypto Trading Pairs |
DODO supports a moderate range of crypto-to-crypto trading pairs, focusing on major and some minor pairs, with plans to add more as the platform grows. |
|
The website provides clear information about its processes and liquidity pools; however, some users may seek more detailed data on token metrics. |
Website Transparency |
The DODO website provides clear information about its operations, protocols, and fees, though it could offer more detailed insights into its liquidity sources and contract mechanics. |
|
Primarily operates on the Ethereum network, which may limit users exclusively looking for multi-chain interactions. |
Credit/Debit Card |
DODO is primarily available on Ethereum and Binance Smart Chain, which covers a significant portion of the DeFi market but could expand to include more networks like Solana or Polkadot. |
|
As a decentralized exchange, it does not offer custodial storage services, requiring users to manage their own wallets. |
Storage Offering |
As a decentralized exchange, DODO does not offer storage; users maintain control of their private keys at all times, trading directly from their wallets. |
|
Offers liquidity providers the chance to earn fees from trades involving their liquidity pools, but lacks direct staking rewards. |
Staking and Rewards |
DODO provides attractive staking opportunities and rewards for liquidity providers, with a PMM model that enhances yield potential compared to traditional AMMs. |
|
The website is user-friendly and well-designed for trading with ample educational resources but could use enhancements in navigational aspects. |
Mobile App and Desktop |
The DODO website is user-friendly and informative, designed to assist users in navigating and utilizing the exchange effectively, with ongoing updates to improve user experience. |
|
Limited customer service options; support mainly available through community channels and documentation, not direct support lines. |
Customer Service |
Customer support is limited primarily to community-based channels such as Discord and Telegram, with no direct customer service hotline or email support. |
|
As a DEX, deposit and withdrawal processes are handled through user wallets without direct interaction with the platform, offering high flexibility but less guidance for new users. |
Deposit and Withdraw |
Deposits and withdrawals are executed directly through users’ wallets, providing a high level of security and control over funds, although the process relies heavily on network performance. |
At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.
We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).
For more details on the categories considered when rating brokers and our process, read our full methodology.
Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong, any exchange can have problems.
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© All rights reserved 2024 | Threenvest I/S