Post
Topic
Board Service Discussion (Altcoins)
Re: Binance DEX is decentralized or not? BNB token will go up or down?
by
Febo
on 23/02/2019, 17:09:42 UTC
Binance DEX is decentralized or not?

I dont believe right now any exchange is fully decentralized. There are many exchanges trying to become decentralized one day. But to achieve that there is need a lot of developing. One of first exchanges that tried that was https://bisq.network/ at that time named Bitsquare. They started developing before 2013. I believe they are most decentralized of all exchanges at this point of time.
Binance still has a fully control over its exchange site and it means if that was not truly decentralized exchange site. I have heard bitsquare but there was a possibility if that could be centralized too.
Some people said there was no true dex.

There is not. I am telling you. For BisQ I know that is case of dispute solving that dispute is still centralized. But they plan to fix that in future.

considering Binance there was a lot said on twitter: https://bitcointalk.org/index.php?topic=178336.msg49874446#msg49874446