Post
Topic
Board Trading Discussion
Re: We need decentralized exchanges
by
Boriss
on 04/08/2019, 14:50:38 UTC

But let's face it most people like decentralized exchange but couldn't use it on every crypto.
We are stuck in centralized because most of the famous and known exchange are CEX.
But if there would be a DEX for all crypto why wouldn't people choose it?
After all crypto is design for being decentralized for anonymity and for financial freedom to be out from those third parties .


You are looking this from only one point of view, yours.
Now let's assume that you are actually a company owner that wants to start implementing crypto in your everyday business.
You want to buy some crypto and get receipt for that, you also want to sell it and get receipt for that also, you want to make reports for IRS to be clean in front of the government, you want to be able to call someone if something goes wrong in any moment, you want to be able to sue someone if something goes wrong with your money, for example they got hacked.

All this are valid reasons to go on centralized exchange. Cool