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ETH -7.54%




BTC -4.96%




LTC -13.10%


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[exchange-rates_badge amount="1" base_currency="BTC" flag_type="none" decimals="2" id="1690700525" currency_list="USD"]

CryptoUnits - 1539+ Best Cryptocurrency Websites & Bitcoin Sites List of 2023!

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Exploring Dether: Peer-to-Peer Cryptocurrency Exchange

Dether serves as a peer-to-peer exchange, enabling users to buy and sell cryptocurrencies using a diverse array of local currencies. The platform introduces its native token, DTH, and initially emerged as a means for purchasing Ether with cash and locating stores that accept Ether.

Key Aspects:

  • Local Trading: Dether facilitates users in discovering local sellers, offering reputation scores and personalized fee selection by the sellers themselves.
  • Communication Facilitation: The platform mediates communication between buyers and sellers, streamlining the transaction process.
  • Inner-Wallet Exchange: Dether's mobile wallet allows seamless conversion of different cryptocurrencies within the wallet itself.
  • Security Concerns: The wallet's security raises concerns as information about its details is lacking on the website.
  • Project Origins: Dether is a recent project, funded through an ICO that garnered around $12 million in February 2018.
  • Promising Features: The platform offers valuable features such as locating local sellers for Ether transactions in native currencies and identifying users' locations.
  • Future Potential: Dether's in-wallet cryptocurrency conversion caters to traders and users. While the range of supported cryptocurrencies is currently limited, the project holds promise for the future.
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Pros & Cons

  • Enables purchasing of cryptocurrencies using local currency
  • Offers in-wallet conversion functionality
  • Allows users to discover and locate stores that accept Ether
  • Currently in a very early stage of development
  • Concerns raised regarding the security of the wallet

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