Quote from: XCANA on July 19, 2019, 02:25:20 PM

Quote from: Bitcoinjheta on July 19, 2019, 01:56:03 AM

Quote from: CoinsOrDie on July 18, 2019, 08:21:09 PM

I read the announcement yesterday and I was shocked. I have known idex to be a semi-decentralized exchange but I didn't know it will get to these full centralized qualities. The question that begs for answer remains if cryptocurrency is gradually getting forced into centralization

It is hard to accept for some traders who likely enjoying the service being semi-decentralized exchange. In my own opinion it would be easier for them not to accept regulations for the dignity of the members in the community.

But also put in consideration the plight of their exchange too because the government had been on their neck for regulations. Although I won't blame them for their action but this idea is bad as they where known to be decentralized.

That is the worse thing. IDEX's conversion into a centralized exchange is not just their loss but a win of the government regulators. It is sad that IDEX has to bid good bye as a DEX not out of their willful choice but because they are compelled to do so. Well, it is for their continuous operation.

IDEX has been my choice ever since EtherDelta went astray. I have been using centralized exchanges mostly for now. I cannot say which DEX I will be shifting in case I need one.