Quote from: Republikcoin.com on April 17, 2021, 03:00:26 AM

Quote from: MFahad on April 17, 2021, 12:08:33 AM

People prefer decentralized network over the centralized ones ...

Unlike that, the percentage of centralized platform lovers is still very high, we can see it through the number of users and the daily trading volume on the Binance cryptocurrency exchange. We all know it's a centralized exchange, but cryptocurrency users and the cryptocurrency ecosystem really love Binance when their shit coins are destined to be listed on Binance.
The existence of Bitcoin and Ethereum dominates the market today because this is a decentralized world, while the existence of a centralized platform is only used as an alternative choice for those who do not like decentralized systems. And as it turns out, there is still a market for users who prefer centralized systems.

Binance is a centralized exchange, correct, but Binance has an outstanding reputation regarding their focus on customer needs. They reimburse for hacks and they are very reliable. Also building a DEX, fully up to date and presenting groundbreaking technology over and over again.