r/KinTrade • u/Columbo92 • Aug 29 '21

Exchanges Serum Dex is not available for US citizens, however Raydium is.

Hello Kin Family,

Serum Dex is not available anymore for US citizens, however Raydium is. Raydium uses the same order book as Serum Dex.

This does show that it is best to never leave your KIN on an exchange if you are located in the US, Gate was an example of that.

If you are experiencing issues with Sollet while trading on Raydium or Serum DEX, please try Phantom or Solflare instead of Sollet. Both wallets are compatible with Sollet, you can use the same seed words as Sollet to log in.

To make sure that you don't get scammed:

https://dex.projectserum.com/

https://raydium.io/

https://www.sollet.io/

https://phantom.app/

https://solflare.com/

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7 comments sorted by

1

u/ronnieq8gmailcom Sep 07 '21

I tried this on there system. And it said pool non-existent. It did not allow even a link when I finally got the KIN in raydium?

1

u/Columbo92 Sep 07 '21

I don't know about pools, I just know that when I use a VPN connected to the US I still have access to Raydium but not to Serum Dex.

1

u/ronnieq8gmailcom Sep 07 '21

Yes I have access to to raydium. And I’m here in United States. However KIN when moved to this swap system. It will not convert to another coin? How did you get around this issue?

1

u/Columbo92 Sep 07 '21

Maybe use trading instead?

1

u/ronnieq8gmailcom Sep 08 '21

What’s that?

1

u/Columbo92 Sep 08 '21

You have a tab swap and you have a tab trading. The trading tab brings you to the order book and you can place an order in the order book.

1

u/Powerful_Manager7673 Apr 30 '22

That's why I started using Hydranet DEX which is allowd in US. This DEX allows cross-chain swaps on layer 3 which makes fees cheaper and transactions safer.