DEXTools (DEXT)

What is Dextools Crypto Currency? DEXTools (DEXT) is an Ethereum-based cryptocurrency designed to make decentralized finance (DeFi) easy to use and accessible to everyone. The platform is owned by DEX.AG LLC and was launched in November 2020. The distinguishing feature of Dextools is its suite of analytical tools which give users detailed insights into their trading activities and data points for further analysis. Who Founded Dextools? Dextools was founded by a team of experienced blockchain experts, developers, and entrepreneurs from a variety of backgrounds. The founders are led by CEO and co-founder John Frazer, who previously worked on projects and campaigns with major tech companies like Microsoft, Qualcomm, and Samsung. Frazer also has extensive blockchain experience, including working as Chief Architect at Ethereum-based digital asset exchange 0x. What Makes Dextools Unique? Dextools stands out from other DeFi projects due to its specialized trading tools, which includes access to market data and indices for over 100 ERC-20 tokens and stablecoins. The platform’s Trade Analyzer feature allows users to easily view and analyze their trading data, and the Statistics window shows key metrics like trade volume, profitability, liquidity, and return on investment. Additionally, traders can track their portfolio performances with the Dextools’ Portfolio tool. Where is Dextools Used? Dextools is used primarily for trading ERC-20 tokens and stablecoins. The platform supports a variety of DeFi markets, including decentralized exchanges (DEXs), automated market makers (AMMs), and several DeFi protocols. It has also recently begun offering services to centralized exchanges, including offering access to liquidity solutions, data feeds, and arbitrage opportunities. Where to Buy/Sell Dextools? Dextools can be bought, sold, and traded on several cryptocurrency exchanges. However, before purchasing Dextools, users must first have an existing Ethereum wallet that is compatible with the Dextools platform. Popular exchanges where Dextools can be found include Uniswap, Binance, and Huobi Global. Comments leggop: Dextools is an excellent tool for the DeFi community and its portfolio tool makes it easier to track trading activities. It's also great to see that it supports centralized exchanges too. epiclearner: I'm interested in Dextools. It's nice to have a platform that not only provides analytical tools but also supports multiple DeFi markets.