Post
Topic
Board Altcoin Discussion
Re: (Yes or NO) The 2020s belong to DEXs
by
TanakabZX
on 22/10/2019, 08:06:08 UTC
When up-and-coming DEXs become more convenient than Binance...

Projects like:

Stakenet
Komodo Atomic DEX
Nash
Blocknet
Bisq
Switcheo
Loopring
IDEX
WAVES
Bithumb
...And many more...

Why would anyone ever want to keep using centralized exchanges, especially when their volume becomes irrelevant?

Why would anyone voluntarily send their funds to a wallet on a vulnerable exchange where they don't own the keys and their funds could be frozen at the drop of a hat?

I think the days of centralized figureheads acting as gatekeepers are numbered.
Biggest DEX problems are
1. Lack of volume
2. Liquidity
3. Too low interest
4. Can be very annoying

Dex aren't showing good signs of interest yet but maybe in the future things can change drastically