After the news that China banned exchanges from providing trading services to Chinese users fermented, the token prices of decentralized exchanges rose, such as sushi, uni and dydx, especially the rising stars of dydx.
I think they will continue to rise and drive the market into a positive stage.What do you think is the next hot spot?
I gree with you that coins of decentralized exchanges are likely to grow now as many centralized exchanges like Huobi and Binance don't let new users from China to register if they don't use VPN. So they have to look for alternative variants, and decentralized exchanges are a good choice, but they don't support fiat money usually, so they can be used only for exchanging one crypto to another, what makes the process of adding capital quite difficult.
The best alternative for traders who have regulatory issues like China who have already been blocked from some centralized exchanges is decentralized exchanges. they can still trade crypto assets even though there are strict regulations in their country. but how do they make withdrawals for fiat?