Quote from: Odetolala on April 26, 2019, 07:37:02 PM

...More to it, most decentralised exchanges these days are not really decentralised, some now even require KYC and whatnot. Best is to stick with what's clear

Exactly. Even decentralized exchanges are now requiring KYC, which greatly defeats their purpose altogether. A good example of this, is CryptoBridge which now requires customers from the US to verify their ID. Considering how decentralized exchanges have started to go down this path, I believe that the only way to trade crypto without middleman would be via the use of Atomic Swaps. This will be a game changer, as it will allow people to swap from one crypto to another in a P2P manner.

Satoshi envisioned a fully decentralized world, where people would take control of their daily lives. But, his/her dream didn't come into a reality since after a decade of Bitcoin's inception, we're still depending on centralized entities. Of course, centralized exchanges may be faster and much easier to use than decentralized exchanges, but they bring huge risks such as government censorship or manipulation by third parties.

Nonetheless, I believe that centralized exchanges will continue to dominate the crypto space for a long time. Unless people stop trusting them altogether (as a result of hacks, scams or theft), they will be the norm of crypto trading. On the other hand, decentralized exchanges will only become an alternative for those looking for true privacy and security over their crypto funds. Just my opinion