🔍Uncle Rob recommends conducting thorough research and due diligence before using any crypto DEX.
💰He advises not to keep large amounts of funds in hot wallets and to be cautious when using them.
🚀Uncle Rob praises the functionality of Jupiter DEX for dollar-cost averaging and bridging assets.
🌐He mentions using MIM Swap on Cardano as a functional DEX option.
⚙️Uncle Rob highlights the importance of limit order functionality on DEXes.
Which DEX did Uncle Rob find most user-friendly?
—Uncle Rob found Jupiter DEX to be the most user-friendly due to its dollar-cost averaging feature and easy asset bridging.
Is it safe to keep large amounts of funds in hot wallets?
—No, Uncle Rob advises against keeping large amounts of funds in hot wallets as they are more susceptible to hacking.
Did Uncle Rob have any negative experiences with DEXes?
—Uncle Rob mentioned his negative experiences with certain DEXes such as Celsius and Voyager, emphasizing the importance of research and caution.
Are there any other DEXes worth considering?
—Uncle Rob mentioned Trader Joe on Avalanche and MIM Swap on Cardano as additional DEX options to consider.
What functionality should users look for in a DEX?
—Users should look for DEXes that offer features such as dollar-cost averaging, bridging assets, and limit order functionality for a better trading experience.
10:08Uncle Rob discusses the different crypto DEXes, including Jupiter, Orca, Radium, and Trader Joe.
11:26He advises not to keep large amounts of funds in hot wallets and to be cautious when using them.
13:03Uncle Rob praises the functionality of Jupiter DEX for dollar-cost averaging and bridging assets.
13:47He mentions using MIM Swap on Cardano as a functional DEX option.
14:03Uncle Rob highlights the importance of limit order functionality on DEXes.
