IDEX is an Ethereum based decentralized smart contract exchange that allows for real-time trading. By combining aspects of centralized exchanges, it is able to enable real-time trading while maintaining blockchain settlement security protocols.
Using the Connector¶
Because IDEX is a decentralized exchange, you will need an independent cryptocurrency wallet and an ethereum node in order to use Hummingbot. See below for information on how to create these:
Minimum Order Sizes¶
For IDEX, maker orders must be at least the equivalent of 0.15 ETH and taker orders must be at least 0.05 ETH. In general, this means that maker orders must be at minimum $40 and taker orders should be greater than $13.
IDEX charges a 0.1% transaction fee for market makers and a 0.2% fee for market takers. In addition, market takers must pay for the gas fees of transactions, which can vary based on network traffic. For more information, check out IDEX's FAQs.