DEX Tools provides live analysis for crypto assets.
What is DEX Tools ?
Firstly, for cryptos which trade on decentralized exchanges DEX Tools provide live analysis for traders.
Secondly it is a must-have tool for you . If you like trading on DEXs like Uniswap or SushiSwap .
The protocol offers analysis to help create unique trading strategies , as well as, search for big spreads.
And then, track and copy the most profitable wallets (Whales) & other services.
Read More TMSN- New Age of DeFi?
DEX Tools – Founders
DEX Tools launched its application in June 2020 as a public Beta version. Additionally, it had 200 million DEXT tokens available.
Firstly, it was founded by Frederic and Javier, both experienced traders and developers using their own funds.
Secondly , the duo met at a traders group in 2017 . And the, they began professional friendship , which bore the foundation of DEX Tools in 2020.
Development
First, the team brought Pablo as their first CTO to lay the foundations for the professional services provision of the platform.
Since then , the tool has been gaining the attention and adoption of the DeFi community.
Essentially, making it a hub of DeFi trading. The platform maintains it’s uniqueness by focussing on the quality of the data provided to its users.
Again, by being real time and reliable . Additionally, the platform stives to remain community-based by basing part of its development on community feedback.
In addition to, initiatives like DEXT Force and DEXT Force Ventures.
What is DEXT ?
DEXT Tools is a platform and an ecosystem . Essentially, which allows traders to track information about all decentralized markets.
Further, it assimilates blockchain data into a single comprehensive user interface.
Furthermore, allowing the user to have a clear vision of their trading, investments, and the current state of the market.
Additionally, it has a native token DEXT that is used to :
a. Unlock different features on the platform according to tiers through paying for subscriptions.
b. Access premium trading groups as well as, the community initiatives like the DEXT Force Ventures.
What are the Uses of DEX Tools ?
a. Firstly, it has pool explore that allows users to follow liquidity trends as well as, the formation of new liquidity pools on decentralized exchanges.
b. Secondly, it has a pair explorer that allows users to check trading charts. As well as, the transaction of tokens , and the metrics. Additionally, the trust ratings of the token.
c. Furthermore, the wallet has information which gives users the power to track and follow their favorite trader’s wallet.
d. This has Big swap Explorer that allows for tracking whales as well as, other big transactions.
e. Additionally, it has a multi-swap feature that opens up multiple DEX portals to increase the trading assets.
Read More Crypto Indexing – How To Trade A Crypto Index?2023
DEX Tools – Key Features
a. Pool Explorer
Firstly, the Pool Explorer DEX Tool allows users to find trending pools with ease. Additionally, it allows finding new gems and their total value in a paris pool with the least effort . As all analysis is ready.
Further, a user can monitor the liquidity trends in a much simpler way to know how the tokens in question would be affected. ( Bearishly/ Bullishly )
Moreover, the feature also offers all the important links like the tokens explorers . Similarly, DEX pages in a single interface to make it easier to verify the data.
Additionally, it offers a quick link to check the pools ‘ liquidity through Unicrypt.
b. Pair Explorer
Firstly, this feature allows for tracking the history and price action charts of assets in real-time. As well as, following a user’s favorite tokenn .
Secondly , DEX Tools also generate a score for token pairs . Additionally, which can help in evading the obvious scam traps.
Lastly, the platform allows standard and premium users to set up decentralized limit orders . Or algorithmic trading bots.
c. P & L Tracking Feature
First, it’s a demanding process to keep track of user’s positions across all available altcoins. Especially, if they are trading the coins around farming pools.
DEX Tools has an inbuilt P & L Tracking feature that can do all that work for its user base. Additionally, it builds a trading journal that allows the users to document trading decisions . As well as, improve their trading strategy over time.
d. Big swaps
Firstly , the platform has the Big Swaps tool that allows for the tracking of big traders. Additionally, these traders are known to easily manipulate the markets.
Especially, when a token has limited liquidity. For example, the reports by a platform when a whale sale occurs can help users catch a dip.
e. Notifications
The platform has a price alerts feature for the users’ favorite tokens through desktop, email as well as, telegram.
Further, this tool allows users to improve their crypto trading strategies. Additionally, it is also very easy to setup.
In addition to , being beneficial to traders who engage in advanced trading options like derivatives.
f. MultiSwap
Firstly, the platform allows users to interact with multiple pairs on a single screen.
Additionally, this feature increases the accessibility of the platform tools. There by, improving the users’ interaction with the market.
g. dext
DEXT , the native token of DEXT Tools , is trading at $0.280455 with a 24-hour trading volume of $126,564.
The coin ranks at number 681 on CoinMarketCap according to its current market capitalization of $27,499,632.
Further, it has a total circulating supply of 98,053,798 coins.
Read More Meme Coins – 3 Amazing Coins To Grow Your Crypto Portfolio
Price Prediction of DEXT
Since it is a utility token of a well-known ecosystem ( had 5 million visitors in March 2022). Further, it has the chance to continue growing in value in the coming years parallel to the adoption of the DEXT Tools protocol,
Additionally, the token has an active burning mechanism that has wiped off almost 50% of its initial supply .
Further, the burning mechanism makes the coin deflationary.n
Utility of DEXT
It’s utility in the DEXT Tools protocol gives it a real -life supply and demand dynamic . Further, which creates real-life application of the coin.
Therefore, the coin might witness significant long-term growth as cryptos go mainstream.
However, it’s best to keep researching the coin as well as DEX Tools platform since it might greatly affect the coin’s future.
How does DEXT Tools Work
Firstly, DEXT Tools allows users to perform atomic swaps of tokens directly. Additionally, requiring them to click on the “Multiswap” button .
Further, users can select a pair and the DEX they want to use. Once the user has done that , they should connect their wallets to the selected DEX. And then, the setup will be ready for use.
Moreover, the platform has features that are easy to track on its user interface. All that is needed of a user is to click the buttons on the services they would need to access.
Essentially, this includes Trading View chart, as well as charting tools to track the market . Additionally, you can save the analysis for sharing on social media.
How To Start Using DEX Tools
First, to start using this platform, users only need to connect their wallets to it. Additionally, the connected wallets should only be the supported types.
a. Metamask
b. Wallet Connect
c. WalletLink
d. Torus
e. Fort matic
f. Ethereum
g. MEW
Further, after a successful connection of the wallet to the platform, the user should then authenticate the ownership of the wallet. And then, start using the wallet to start using DEX Tools.
Read More Crypto Market – How To Make Money While In A Bear Market ?
Premium Version of DEX Tools
Additionally, it is best to note that even though most of the features of DEX Tools are free, it needs a subscription for premium services.
Further , you can access the standard plan by holding subscription of 1,000 DEXT in your wallet . Or else, you can pay monthly subscription of 277 DEXT.
The standard plan offers more transaction as well as wallet information. Additionally, it offers price alerts through Telegram and email .
Further, access to the DEXT Force Discord channel ,as well as , a dozen new hot pairs all of which the free version does not offer.
Moreover, the premium version is highest tier . Additionally, it is exclusively accessible to those who hold over 100 k DEXT in their wallet.
Further , the premium version has advantage of airdrops from the DEXT Share protocol.
Additionally, they get 15 hot pairs with faster notifications . In addition to privileged access to DEXT Force Ventures . As well as, platform’s upcoming features.
Conclusion
DEXT Tools is one of the best tools in DeFi sector. Additionally, it allows for tracking the crypto market trends through live trading charts from Tradingview.
Secondly, it is one of the best blockchain analysis platforms.
Further, it is a good investment project for users . Especially, those who like mitigating market movements through passive earning.
Moreover, earning is only available to premium users as airdropds . Additionally, with no need to lock their holdings.
Note : Firstly, all crypto enthusiasts should look for ways to earn more profits from their crypto holdings .
Secondly, You can earn passive earning from crypto staking, yield farming , liquidity mining as well as, other projects like airdrops for holding certain coins.
Lasly, it will help to mitigate the losses from coins losing value . And increases the profit margin of holding cryptos.
Read More Crypto – How To Earn Money – 5 Best Crypto
FAQs
Is DEX App free ?
Why do we need DEX ?
How You can buy DEX Tools ?
How much is DEX in USD ?
What is DEX Tool used for ?
Is DEX App free ?
Take out a 14-day free trial of the DEXT expense tracker . Additionally, get access to single-user Business plus plan.
Further, in this plan you can experience the core functionality and usability of the app.
Additionally, you can take out a trail of DEXT for Business without paying upfront.
Why do we need DEX ?
A DEX facilitates peer-to-peer trading , as well as levies network fees. Additionally, to help facilitate transactions. While fees from DeX to DEX may vary, they differ from centralized exchanges.
How you can buy it ?
You need to download a Trust Wallet. Then set it up as well as buy Ethereum as your base currency. Further, send Ethereum from Binance to your crypto wallet. And then, choose a DEX , as well as, connect your wallet.
How much is DEX in USD ?
The current value of 1 DEXT is $0.22 USD . fURTHER, TO BUY 5 DEXTools , it would cost you $1.09 USD.
What is DEX Tool used for ?
Firstly, it is a price data analytics tool. Additionally, it helps traders to more easily navigate decentralized networks. One of the imp. features of the platform is the ability to keep a record of the live-price of tokens.
Leave a Reply