Post
Topic
Board Altcoin Discussion
Re: How would crypto fare without centralized exchanges?
by
Nexum
on 29/04/2022, 19:43:04 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

Centralized exchanges offer many different tools for trading to make trading more profitable and in demand.
That is why the trading volumes on centralized exchanges continue to grow.

The more people use centralize exchanges the more popular they become.
A lot depends on the tools that centralize exchanges offer.
Now a lot of financial products appear that make the work with exchanges more profitable.