In the market, we are enjoying a long list of famous and not-so-famous cryptocurrency exchanges big and small. Of course, we have Binance which is now considered to be the leader of the industry but we also have like Kucoin, Bittrex, Okex and even decentralized exchanges all competing for our money, attention and loyalty. The recent Binance hack should not stop us from exploring the nooks and crannies of the cryptocurrency industry. That hack is a big lesson for security as there is virtually nothing that can be safe these days...hackers are always ahead of the game and it is just a matter of when they will pull on their punch on an exchange and this is the reason why exchanges have to be always careful and hack-proof all side of the parameter without sacrificing function and good user experience.
Well said. This is precisely what Blocknet has done with their DEX. If you initiate a trade with confirmations, it's literally 100% bullet-proof. No aspect of the exchange process whatsoever can compromise your funds... ever. Your client verifies and confirms terms and trade amounts by checking the raw transactions themselves (in a CLTV atomic swap) and you're always in full control of your funds.