Post
Topic
Board Trading Discussion
Re: Centralized vs Decentralized Exchanges - Which ones are better?
by
FrueGreads
on 19/05/2018, 19:07:22 UTC
More and more Decentralized Exchanges are popping up, but are they really what they are hyped up to be?
https://www.youtube.com/watch?v=d-xA7p9NbdI

I think the concept is great, but at the moment they are really hard to use because of constant downtimes especially on IDEX and EtherDelta. What are your thoughts on this?



I think it will take a while before they can become a real option for traders, and I'm not even talking about professional traders, or institutional investors. I'm actually talking about normal daily traders that need a fast platform in order to process a lot of orders daily. They are simply to slow, and if sometimes it's a nightmare just to sell some tokens, it would be nearly impossible to try to scalp the market.
For professional and institutional investors a lot of other issues come into place, like liquidity and security.

Decentralized exchanges have a great concept, but they need to evolve a lot, in order to stop being just a place for users to buy or simply dump some tokens.