https://youtu.be/JSCAelH_iuk for the evilness of Binance
But for a true decentralized DEX that's been in the works for YEARS(yes I said years) Not just an idea from the high point of the HYPE Cycle or ICO Craze.
You have Blocknet DX
It uses Service Nodes (PoS2) to support the DEX and there is no central person who can shut you or it down. Plus NO KYC - you are safe and secure to acquire, and trade 24 hours a day. As with all DEX the more people who here about them the more people can use them and this will increase liquidities. Many people are used to handing over their assets to another company or person but we all know what happens
Hacks
In 2019 alone 2019 HitBTC, Cryptopia, Coinmama, DragonEX, Bithumb, Binance, GateHub, Bitrue
https://blog.saturn.network/list-of-documented-exchange-hacks/https://hackernoon.com/a-huge-list-of-cryptocurrency-thefts-16d6bf246389Spread the word for DEX's
We can trade without the worry of trust with Blocknet DX and do OTC without the risk of theft or the troublesome issue of finding trustable escrow.
Be your own exchange - and you don't need to KYC anyone