Quote from: baejooh12 on Today at 05:00:44 AM

Quote from: prince freed on August 22, 2020, 10:27:36 AM

CEX and DEX have their own advantages and disadvantages, may I know how DEX become way better than CEX? I kind of need this to put my trust more in trading on DEX especially Unitrade

here's the difference that i know so far about them, centralized exchanges act as middle men in order to facilitate trading on their platforms, in exchange for providing this service, intermediaries collect trading fees. decentralized exchanges are peer-to-peer, they match directly buyers and sellers and transactions conducted are nearly for no cost, therefore decentralized exchanges do not require intermediaries for their operation. from this brief explanation, we know who's win..

It´s actually pretty insane that there are just a handful DEX in comparison to the hundreds of centralized ones. The DEX are far closer to the inital idea of Satoshi