Post
Topic
Board Beginners & Help
Re: Are you tired of centralized cryptocurrency trading platforms?
by
BerneirBTC
on 13/10/2018, 14:23:55 UTC
Centralized trading and exchange platforms are convenient to use rather that decentralized. And most of the decentralized platform is base only in Erc20 so why should I got tired using decentralized platforms? It's a matter of trust and I believed that those top exchanges are accountable of your account if there is a big hacking event in there platform
It is actually that convenience that has drawn a lot of people into making use of centralized exchanges, apart from the liquidity as well. One thing is that at least with a centralized exchange, I can easily make use of the APIs to trade directly on any other application which is something I am not sure we may be able to get when it comes to using decentralized exchanges and then varieties again is another bone of content as well.

I cannot be tired of something actually, when there is no other option available that is better than it, so maybe until we have another alternative to centralized exchanges with great functions that centralized exchanges offer and still decentralized, then maybe by then, I will get tired.