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Bitcratic Review & Tutorial

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First published at 13:47 UTC on July 26th, 2019.

LiteLiger

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➜ Bitcratic - https://www.bitcratic.com
➜ Twitter - https://twitter.com/LigerLite
Today i'm gonna do a showcase and tutorial guide how to use Bitcratic Decentralized Ethereum Exchange.

Since inception of the Blockchain Centralized Crypto Exchan…

➜ Bitcratic - https://www.bitcratic.com
➜ Twitter - https://twitter.com/LigerLite
Today i'm gonna do a showcase and tutorial guide how to use Bitcratic Decentralized Ethereum Exchange.

Since inception of the Blockchain Centralized Crypto Exchanges are dominating the crypto market and more than 95% transactions are taking place in such exchange. The objective of the Blockchain is to decentralize the world. Bitcratic is here to empower the decentralized exchange. Bitcratic is a decentralized exchange for ERC 20 Tokens.Bitcratic use off-chain order book with On-chain settlement.3

Every Ethereum transaction involves a gas fee which is paid to miners on the Ethereum network. On Bitcratic, Ethereum transactions are required for depositing, withdrawing, and trading.

If you're using Bitcratic with MetaMask, you can lower the gas price when you accept a transaction to pay a lower gas fee. We recommend a gas fee of 4 gwei if you don't mind waiting a few blocks for your transaction to confirm. If you're using Bitcratic without MetaMask, the gas price is fixed at 4 gwei.

If you're not using MetaMask, you can set the gas price from the "Gas price" item in the account dropdown (upper right).

Without getting into too much technical detail, a 4 gwei gas price corresponds to the following overall transaction fees: #Ethereum #DEX #ETH

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