Post
Topic
Board Altcoin Discussion
Re: How would crypto fare without centralized exchanges?
by
Megladoge
on 30/04/2022, 15:08:41 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

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.

Centralized exchanges becomes more requlated and contralled.
It means that not all traders can use centralize exchanges and many people prefer to use DeFi.