Post
Topic
Board Altcoin Discussion
Re: DEX must take over
by
Ryushin
on 24/11/2020, 17:55:07 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
It's true that centralized projects can be controlled by the government but centralized exchanges are far better than DEX marginally, right now centralized exchanges are even safer than DEX and DeFi projects, almost all hacks that took place this year are on decentralized projects and DEX exchanges, talk about the highest volumes and liquidity, it belongs to centralized exchanges