Simba DEX is a decentralized cryptocurrency exchange that promises to offer lightning-fast trades, low fees, and a user-friendly interface. As a crypto analyst, I was excited to try out this platform and see if it lives up to its claims.
One of the standout features of Simba DEX is its use of automated market making (AMM) technology. This tech allows the exchange to offer liquidity to traders without the need for traditional market makers, which helps to keep fees low. I found the AMM to be highly effective, as it allowed me to execute trades quickly and at competitive prices.
However, there were a few areas where Simba DEX fell short. For one, the exchange's customer support was lacking. I had to wait several hours for a response to my inquiry, which was disappointing. Additionally, the platform's liquidity could be improved. While the AMM tech helps to provide liquidity, there were still some trading pairs that had low volume and high spreads. Show Less