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.
all of the above Dexs are well worth a try and trade there. But you need to know that the current Cryptocurrency market is a price-making market. Of course, no Dex will be able to satisfy whales' manipulation.
although Dex may really shine in the years to come, Cex is sure to outperform.
Besides the decentralized market nature, there are still more functions in Binance than the Dexs nowadays. Even with lower fee and higher volume, then traders will definitely choose Binance to trade better.
Therefore, Cex still has an important influence in this market, do not reject it and look at reality to make more accurate conclusions.
There's no doubting CEXs influence and place in the market, but innovation appears to be finding itself on the DEX side of things more and more everyday.