Post
Topic
Board Altcoin Discussion
Re: DEX must take over
by
uray
on 22/11/2020, 23:52:32 UTC
Decentralized exchanges need to take over centralized exchanges in the future, going fully decentralized is what makes more sense around crypto, centralized exchanges can be controlled by the law and government, I heard court is asking users data from centralized exchanges too, just imagine if all exchanges in crypto space are all DEXs, I know that DEX has its flaws too but it's safer than centralized exchanges
Assume that the government is after DEX, they can really shut down any exchange they want and make things difficult for anyone. Right now we are in a free zone where everything goes and i really doubt the future of privacy coins as well and whether we will be able to trade in centralized exchanges. The problem right now with DEX is that there is not much liquidity and i have not been to a DEX exchange in a very long time.