Post
Topic
Board Altcoin Discussion
Re: How would crypto fare without centralized exchanges?
by
Poker_Faces
on 04/04/2022, 22:56:26 UTC

On centralize exchanges accounts of users can be blocked. Also there are hackers who hack centralize exchanges. That is why many people prefer to use DeFi. For DeFi security is important like this https://twitter.com/MissionDogeOne/status/1506922981636952066

DeFi tools are actively developing offering people more opportunities to earn money and different financial services.
Noq DeFi exchanges offers a big competition to centralize exchanges. And DeFi exchanges started to win in such competition.

The more popular the DeFi exchanges the more people use them. So the liquidity of DeFi exchanges grows and they are albe to win competition with centralize exchanges.