I am very particular about my identity and data being exposed to hacks and for this I am more secure trading on decentralized exchanges than their centralized counterparts.
There is always disadvantages beside various advantages. Yes it is true that decentealized offer a more secured way of trading there is no middle man but it also sacrifice the speed, simplicity and many more.
This is all changing. Leverj.io will have high speed, liquidity, and centralized feel for UX. Do your own research. Check out educational videos here
https://www.leverj.io/education.html#videosThe speed of DEX depends on the blockchain and how the decentralized exchange site can determine how fast it is? The fact any transaction that runs on the dex just like sell and buys order will be pegged to the blockchain. But it looks interested to see that. It will be similar as idex
Except the LEVERJ exchange is going to run on Gluon Plasma, a side chain that will allow high speed trading and a UX similar to centralized exchanges. And other advantages, think of being in control of your coins while trading
without these hassles:
Gas fees for every trade
Gas fees for every cancel
Signing every order manually
Confirmations needed for orders to be accepted
Confirmations required for fill before you can exit a position
Front running by miners
Front running by exchange operators
System unresponsive when network is congested.
Bonus: Liquidity.....