Post
Topic
Board Beginners & Help
Re: Beginners, do not choose a no-name exchanges
by
Scarlett7777
on 23/07/2021, 07:45:43 UTC
I hope that DEX can grow faster. Centralized exchanges are too easy to be manipulated. Users should be Game on a relatively fair platform.

What they are offering are more of centralized decentralized exchanges, which is still not fair. What I hope for are truly decentralized DExes.

I don't quite understand , Why is uni Sushi not a completely decentralized exchange?
I hope that DEX can grow faster. Centralized exchanges are too easy to be manipulated. Users should be Game on a relatively fair platform.

I also hope so. And I agree that centralized exchanges are susceptible to manipulations. The centralized in centralized exchanges is everything that is wrong. Right now, there seems to be a fast growth of DExes. However, the rise of these DExes such as UniSwap, PancakeSwap, SushiSwap, 1inch, and so on have somehow addressed the concern the wrong way. What they are offering are more of centralized decentralized exchanges, which is still not fair. What I hope for are truly decentralized DExes.
Whether it is on a centralized exchange or dex.swap, the project itself determines whether it is fair, not where it trades. At present, many projects are not only on the centralized exchange but also on the dex, which has not affected the project side to do evil.
What do you mean by the project itself? I think where to trade is very important. Centralized exchanges can use their own means to issue additional usdt. They don’t need to use real money on the exchange, but they enter a number at will. This is called water injection, or the despicable use of users’ bitcoins to manipulate the market. In the eyes of centralized exchanges, traders are transparent. Looking at the data harvesting users in the background, many times our money is taken away by the exchange. This is why many big people who hold Bitcoin for a long time We call on users to mention wallets, and stop giving centralized transactions all the chance to do evil. They colluded with the media to commit evil together. These are already public facts. Why do I desire DEX to grow? It is because only on a decentralized platform that all transactions must be open and real money transactions. Even if you want to manipulate the market, you must use real money instead of randomly issuing a number.