IDEX operates on the Ethereum blockchain and utilizes smart contracts to facilitate trading. It provides users with a secure and transparent platform to trade a wide range of ERC-20 tokens. The exchange offers a user-friendly interface and advanced trading features, making it suitable for both beginner and experienced traders.One of the key features of IDEX is its real-time trading capability. Unlike other decentralized exchanges that rely on batch processing, IDEX allows users to execute trades instantly, providing a similar experience to centralized exchanges. This is made possible through the use of off-chain order books and on-chain settlement.IDEX also offers gas-free cancels, which means users can cancel their orders without paying any gas fees. This feature is particularly useful during periods of high network congestion when gas prices are high.Another notable feature of IDEX is its ability to fill multiple trades at once. This allows users to execute multiple trades in a single transaction, saving time and reducing gas costs.As a non-custodial exchange, IDEX does not hold users’ funds. Instead, it integrates with external custody solutions, such as wallets or hardware devices, allowing users to maintain control over their assets. This enhances security and eliminates the risk of funds being lost or stolen from a centralized exchange.Overall, IDEX provides a decentralized and secure trading platform for Ethereum-based tokens. Its real-time trading, gas-free cancels, and multi-trade execution features make it a popular choice among traders looking for a decentralized exchange with advanced functionality.

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