What is IDEX on Binance?

IDEX is a hybrid Decentralized Exchange (DEX), combining a high-performance order book and matching engine with Automated Market Making (AMM) . The IDEX token is the native utility token of the platform. 50% of all transaction fees are distributed to stakers of the IDEX token.

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Who created IDEX coin?

They didn’t know they wanted a car.” “If you’d asked people in the late 1800’s what they wanted, they’d have wanted a faster horse and buggy. They didn’t know they wanted a car.” IDEX co-founder and CEO Alex Wearn is partial to the Warthog.

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Can I use IDEX in the US?

Today we’re ready to share that current and new IDEX users will be able to create accounts and get verified for KYC starting Wednesday, July 24, 2019 . As part of our continued commitment to compliance and security, IDEX will also begin limiting access to certain assets for US customers in the coming weeks.

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Is IDEX exchange legit?

In today’s fast-changing world of technology and digital money, IDEX Exchange is among the safest options to trade without having to give any deposit or withdrawal money . It is highly secure and cost-effective for users looking to earn more on their funds by trading and staking cryptocurrencies.

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