Quote from: TopT3ns on March 15, 2020, 11:03:56 PM

Quote from: letyouearn on March 15, 2020, 10:57:00 PM

Not all the people prefer decentralisation, as I see. Many of them would like to use centralised services like banks or brokers etc. They don't want to control their accounts and funds by themselves. For example hundreds of people are losing their private keys and doesn't understand that MEW support can't help them in this case

well, I totally agree with what you say because right now there are a lot of decentralized wallets that have a lot of problems, I won't use that method, it's better if I use another wallet storage method that I think can be safer like a hardware wallet that I can store and control. fully.

Its not really that much complicated to understand when it comes to basics.Talking about decentralized wallets? its no different when you do own one which you do able to posses its keys for you to access funds.
It might be nothing usual for some newbies or in short not user friendly but it isnt really that hard to understand.The main thing i do saw why people do prefer centralized exchangers over dex ones is because they
can deal up with fiat tx not like on dex which is purely on crypto to crypto thats why we dont have any choice but to rely on cex ones due to this reason.

Quote from: Utoy101 on March 16, 2020, 10:20:33 PM

Quote from: nightflightcourt on October 22, 2019, 04:48:56 AM

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.

When it comes to cryptocurrency exchange, i don't think decentralized exchange will take the lead any time soon. In as much as decentralized exchange gives the consensual power to traders, they ain't immune to hack and breaches entirely. Records have DEX that have been breach many times too. Due to flexibility and wide range of functionality being provided by centralized exchanges for effective crypto trading, they have gather lots of userbase and large volumes and liquidity over the years, from where the entire crypto market stands, i dont see DEX beating that

When it comes to liquidity or volume then nothing beats out CEX out of the throne and as i said earlier this do particularly connects with fiat transactions which isnt present on dex ones.
Thats why even we know that these centralized exchangers doesnt offer out full access on our wallets but the main need of a certain trader is on this place thats why
its no surprise that they will surely stick to this.