RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

ForkDelta

ForkDelta Exchange Review

Decentralized Exchange – cannot be rated at this time.

ForkDelta or known in the cryptosphere simply as, FD, is an off-shoot or fork of Ethereum decentralized exchange, EtherDelta (ED). This followed after ED was the target of a DNS hijacking scheme in December 2017, during the 2017 crypto bull market. ForkDelta, also a decentralized ETH exchange, was founded in January 2018. Like ED, FD only provides trading in Ethereum tokens or more specific, ERC20 tokens, tokens based on the ERC20 token standard.

A review of ForkDelta reveals that this decentralized exchange (DEX) offers a user interface (UI) that may not be that beginners friendly. This is overcome by the availability of more than one ForkDelta user guide online. A very important point to remember, especially if you are a beginner, is to always try and interact with FD via a hardware wallet such as Ledger Nano S – the only hardware wallet connection option offered by FD at the time of writing. This way you eliminate the risk of losing your funds as a result of DNS hijacking, phishing scams and more.

Furthermore, remember to set a higher gas price if you wish to trade faster or when trades seem to be stuck. Go to “Select account” (to your right at the top), select “Gas price” and take it from there. Use ETH Gas Station if you are not sure where to set it.

A ForkDelta exchange review shows that this DEX serves the crypto community via no less than 23 active markets and 70+ cryptocurrency pairs and cryptocurrencies (or digital tokens). This ether decentralized exchange is available in 5 languages, including English.

  • 24h Trading Volume

    11.596 BTC
  • Establish date

    2018

ForkDelta Exchange Review

  • ForkDelta Withdraw

    Gas fees

  • ForkDelta Deposit fees

    Free
  • ForkDelta Trading fees

    0.3%

  • Accepted Payment Method

    Crypto to Crypto, Crypto to FIAT
  • Native Token

    Yes
  • Margin Trading

    Yes