Post
Topic
Board Altcoin Discussion
Re: DEX must take over
by
coin-investor
on 25/11/2020, 23:02:00 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 will soon become, centralized is quite easy to use but there are many risks we have seen a lot of fo complaints about small centralized exchange scamming their traders and of course the KYC issue, the decentralized exchange has no third party interference but you must first learn the technicalities associated with it, but between the too decentralized exchange is more preferable because it promotes the philosophy of decentralization that Nakamoto is promoting.