gmx.io is listed under Banking & Money.
gmx.io (gmx.io) has 6 customer reviews on Five Star Index, with an average rating of 3.2 out of 5.
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CryptoClassOfSeventeen
I have tried many CEXes and DEXes. I think GMX is the most trustworthy platform to leverage trade crypto and metals/energy markets, because they are the most transparent. Every trade is onchain, and all the liquidity is pooled from other users. So there are no market makers, no shady internal trading desks; it's all peer-to-peer. I really like that, it's how crypto should be.
Mid
A great way to securely earn money by providing liquidity. Have been staking and providing liquidity for over two years now with no issues. Also can say that it has awesome swap options for L2 Arbitrum. As for the leverage trading gmx provides one of the largest leverages they are in the decentralised market. Although it’s risky as hell.
Gelding C.
I took a long position for GMX on this website. I was given a liquidation price of 20.2$ but my position was liquidated at 22.36$. When I looked into details, I was charged with hefty funding fee, borrow fee, close fee etc and this fees was charged/shown later on and not during start of trade. Maybe this fees caused my liquidation price to increase but it should have been shown in the start only. Very shady practices!!! But no such fees or reasonable fees is there on other decentralised trading platforms like dydx, hyperliquid, bitunix(no kyc needed).
B
One of the best decentralized dexes
Real_review
GMX is a scam! Please be aware that YOU WILL LOSE your hard earned money if you trade on this "Decentralized" platform that is run by SCAMMERS! DO NOT TRADE HERE!!
J.
Looks like a rigged trading platform. Trading fee's that skyrocket to 500$+. Yeah that's how you lose all your profits in seconds. Be really carefull trading here.
