Best Exchanges to buy Decentral Games 2022 Pros and Cons
By Burle M. 10 min read
Where to buy Decentral Games
Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Decentral Games (DG) in 2022.
Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Decentral Games.
1. Gate.io
Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.
This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.
Gate.io Pros
- The platform is available in over 400 markets and 800 coins worldwide.
- The IEO (initial exchange offering) platform is fantastic.
- Strong mobile application.
- There are several options available, including spot trading and margin trading with 10x leverage.
- Exchange that is extremely secure.
- Customer service is available 24/7.
Gate.io Cons
- The exchange is unregulated.
- It is not advised for inexperienced traders.
How to buy Decentral Games on Gate.io
Follow our step by step guide to buy Decentral Games (DG) on gate.io:
1. Log in to your Account on Gate.io.
2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy DG coin (Credit card, Bank Transfer, P2P Trade).
3. Enter the purchase amount in USD. Now select/search Decentral Games from dropdown menu.
4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.
5. Accept the terms and conditions and click Purchase.
Now you are Proud investor in Decentral Games (DG).
If you want to buy Decentral Games with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for DG and buy it using your deposit cryptocurrency.
Other Exchanges to buy Decentral Games
Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy DG.
| 1. Hoo.com | Join Now |
| 2. LBank | Join Now |
| 3. Hotbit | Join Now |
| 4. Sushiswap (Polygon POS) | Join Now |
| 5. Balancer (v1) | Join Now |
Buy Decentral Games on Decentralized Exchanges.
Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Decentral Games (DG) easily.
1. Uniswap (v3)
Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.
The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.
Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.
Uniswap (v3) Features
- Privacy rights: You do not need to undergo KYC to utilize Uniswap. Instead, trade is done straight from your wallet, thus your public wallet address is the only identity required.
- Security: Because Uniswap is non-custodial, it is as secure as the Ethereum blockchain itself, as the protocol does not transport money. Uniswap's smart contracts have been examined by several teams, including those that checked the Maker DAO contracts.
- New Tokens: Anyone may develop an ERC20 token and couple it with ETH to provide liquidity for the new pool. This means that Uniswap provides faster trading access to fresh tokens than anywhere else.
- Low fees: Uniswap charges only a small 0.3 percent fee every exchange. Centralised exchanges, on the other hand, typically charge 0.5 percent or more every deal.
- Trustless: Unlike centralised exchanges, you maintain your private keys when you trade with Uniswap. You are the custodian of your tokens and swap them directly with the liquidity pools.
How to buy Decentral Games on Uniswap (v3)
In this section, we'll go through below steps on how to make your first Decentral Games purchase on Uniswap.
Uniswap allows you to buy Decentral Games (DG) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).
Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.
Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Decentral Games), You can also search Decentral Games (DG) in Coinmarketcap and copy/paste the DG contract in uniswap.
Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.
Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.
2. Quickswap
The QuickSwap network is a fork of UniSwap DEX. It is a DEX on Polygon blockchain, and uses the Ethereum blockchain.
On QuickSwap network, users can trade tokens on the Ethereum and Polygon networks. You can use the same QUICK account on both networks. It is important to understand that each network is different.
Before using QuickSwap, you should have a crypto wallet. Connect Quickswap you with your wallet. Most wallets are free, but the best ones come with multiple security features, you need to choose a hardware wallet to ensure the highest levels of security.
3. PancakeSwap (v2)
PancakeSwap is the most popular and widely used AMM for staking and yield farming. The exchange's trade volume exceeds $650 million. PancakeSwap is now the largest project running on BSC, and this momentum is anticipated to continue even if DeFi gains traction.
Still, adding PancakeSwap to a BSC is a significant step in the right way since it lets customers to engage in DeFi without worrying about expensive transaction fees or sluggish transaction speeds. While the market remains unpredictable and dynamic, the PancakeSwap team is working hard to provide an open and transparent platform that provides a number of ways to profit from crypto assets. There is also an emphasis on enhancing user experience in order to enhance platform usage, even among new users.
PancakeSwap (v2) Pros
- Pools and farms benefit from high APR/APY returns.
- Lower transaction costs than Uniswap.
- A diverse assortment of items.
- With an active community and developers, has more daily transactions than Uniswap.
PancakeSwap (v2) Cons
- Possible loss in liquidity pool.
- Prediction and the lottery might easily result in a loss of dollars (gambling).
- Because of its popularity, the network may get clogged.
- Many token scams are a possibility.
4. Sushiswap
SushiSwap is an exchange that is moving in line with the larger uniswap ecosystem. It uses a system called an automated market maker to settle orders just like uniswap or pancakeswap.
While traditional exchanges have order books with buyers and sellers, SushiSwap uses an algorithm to create a "liquidity pool" of tokens. This way, users are able to trade in a range of prices. Tokens are listed in the "liquidity pool" based on price history.
There are a number of people behind the project, including 0xMaki, who is an anonymous core contributor, and Joseph Delong, the Chief Technology Officer. These members will also remain anonymous, as it is the policy of the company not to disclose who they are or their positions with the project. Although SushiSwap has no current investors, there are discussions about acquiring funds in the future.
The first step is to connect your wallet to the SushiSwap pool. This is very easy, as the platform supports MetaMask and WalletConnect. Once connected, you'll need to select a token and swap it with desired token.
Conclusion
Choosing the best cryptocurrency platform for Decentral Games (DG) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.