Dinngo Reviews for December 2023

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I predict that Dinngo is highly likely to turn into a crypto exchange of a relatively small group of traders with low daily volumes. The reason behind that is quite simple: Dinngo doesn't have a single distinguishing feature that would grant it the edge over the abundance of competitors. Just this week alone, I have come across two emerging decentralized exchanges which are more or less similar to Dinngo. Besides, I looked at their roadmap and saw that they are planning activities only through the first quarter of 2020. Personally, I don't like projects that aren't planning far ahead.

I should say that I am not overly impressed with the user interface of the Dinngo exchange, it kinda reminds me of the 90s due to its simplicity and blockiness. Nevertheless, they represent the emerging class of decentralized exchanges which is bound to change the trading as we know it. The cross-chain feature appears quite interesting, so does the smart matching engine. It would be great if they have elaborated more on the issue of regulatory compliance. These guys are from Asia, where regulators tend to be quite tough, as far as I am concerned. I advise you to keep an eye on Dinngo, just in case you’d want to have an alternative to Poloniex or whatever exchange you are currently trading on.

Dinngo has an all-round good concept, but it is hardly a unique one. As far as I know, there are dozens of decentralized exchanges that operate in a fashion that is similar to Dinngo, for instance, Shapeshiift, Changelly, and IDEX. However, I am not implying that Dinngo is not an investment worthy project. I am just saying that it will have plenty of tough competitors that already have a formed pool of users. Nevertheless, this project still has a chance to stand out from the crowd because, to my understanding, it is oriented mainly on the Asian users, who are customarily very active and crypto-savvy. So, if the team keeps on developing the exchange in the right direction, Dinngo will do okay.

As many have pointed out, this is not an especially new or surprising idea. The project may be offering a more secure way of trading, but it is not unique, and many others have come up with a similar principle. The project also doesn't make a clear point why investors should dedicate their time and money to this particular project.

Meanwhile, cold wallets and high-speed trading were already adopted by numerous exchanges in the last few years. This may be after the idea was originally conceived, but today, there is nothing particularly special about this approach to trading or storing cryptos. Further, it comes at the time when most traders are excited about the emerging DEXes, so another centralized exchange might not be what the crypto world currently needs.

Still, the ICO has yet to be held, and it will be interesting to see how the token sale will perform. With the rapidly recovering prices — it is possible that enough investors might feel optimistic about it to actually invest and at least reach the soft cap.

* Crypto Rating accepts no liability for content of the Dinngo reviews made by the site users. The entire responsibility for the contents rests with the authors.

ICO Rating – Top Ongoing ICOs 2023

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#	ICO	Founded	Rate	Status	KYC	Category	Start	End
1	CNX Network	2022	4.943	Active		IoT	July 1, 2022	December 31, 2022
2	Wrapped Minima	2018	4.941	Active		Blockchain Infrastructure	February 14, 2023	February 28, 2023
3	EMCODEX	2021	4.94	Pre-sale		Commodities, Synthetic Assets	May 18, 2021	September 30, 2021
4	LetStudy	2020	4.935	Upcoming		Education	August 1, 2021	August 1, 2022
5	FUNA	2022	4.931	Active		AI	June 15, 2022	August 31, 2022
6	My Lotto Coin	2020	4.93	Pre-sale		Gaming, Lottery	April 1, 2021	June 30, 2021
7	Blockster (BXR)	2021	4.93	Upcoming		Media	May 31, 2021	October 12, 2021
8	BattleKnight	2021	4.927	Active		Game, NFT	February 5, 2022	November 30, 2022
9	Fanadise	2021	4.92	Pre-sale		NFT, marketing, staking, BSC	May 12, 2021	June 30, 2021
10	Recast1 Token	2021	4.91	Active		Trade, Stable Coin, Proof of Transfer and Stake	June 15, 2021	December 5, 2021