In my opinion decentralized is one of the great reason that people love or apriciate bitcoin. I know there is many things too but its not about that or bitcoin. I am not too much experience able person in crypto world but with all my little experience i understand that people want a good project which is decentralized. But my question is then why we don't accept properly decentralized exchange..?
There is many point that people should trade in decentralized exchange. But what is the problem that every time decentralized exchange failed to stand up..? Was it us who don't show much interest about it or it's the outhority who didn't provide to us properly..? Is there any chance that decentralized exchange will stand up..?
Please share your thoughts.
First and foremost the major reason why most people don't trade or use Decentralized Exchanges (DEX) frequently is because of volume and nothing more, and this is where centralized exchanges have upper hand. That is to say, if decentralized exchanges can solve this issue of volume and maybe make it more user friendly, more people will be attracted. Also it is not us but the authorities (creators of the Dex) because if the right thing is being done there is no reason why most people won't use it. Lastly, I believe as the crypto space is still growing, there will come a time when decentralized exchanges will be enhanced and be highly used since there is little to no security challenges associated with them.