Post
Topic
Board Altcoin Discussion
Re: How would crypto fare without centralized exchanges?
by
Earn_Finance
on 24/04/2022, 19:06:08 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

Centralize exchanges can ban the accounts of their users that is why the demand in decentralize exchanges continue to be very high.
Decentralize exchanges available for more the people then centralized one.

Now many people do not trust centralize exchanges because they affraid that their funds can be bunned.
DeFi accounts can not be bunned that is why more and more people use them.