Post
Topic
Board Trading Discussion
Re: what is decentralized exchange?
by
Crypto_Bro
on 17/07/2018, 09:55:43 UTC
Hi everyone
As you may know some exchanges ban some people because of their country or their states or some legal circumstances
Now some coins explain decentralized exchanges that claim they are completely decentralize and no limit in legal or state condition
completely no need for verification and no ban everyone.
one of the biggest one and more important of them is Waves, that claims they have a decentralized exchange with the fastest transactions until now.
1)what do you know about decentralized exchanges?
2)do you think they can replace of traditional exchanges?
3)how do you see the future of decentralized exchanges?


As you know there are 5000 exchange at the moment - more than 70% are illigal. Who knows when does it close or  will be forced toclose Wink

As second you know centralized exchange is always not secure. When somewhere is concentrate lots funds ... there is always will to still it ( you know what i mean)

So in my opinion  I thing decentralizes exchange is posible between crypto-crypto.
If you going to exchange it into fiat you need pay fees, get through kyc and pay taxes - goverment will not give an opportunity to leave some spher without their glance


So, what is the best way to withdraw fiat now?